Management and Organizational Studies 2310A/B Study Guide - Midterm Guide: Tim Hortons, Corporate Finance, Capital Asset

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2310A/B
• Professor: Stacey Hann

Document Summary

The financial manager is responsible for answering these three important decisions. Top financial manager within a firm is the cfo chief financial officer. Treasurer responsible for cash management, capital expenditures and financial planning. Controller responsible for cost and financial accounting, tax payments, management information systems (look at figure 1. 1 for organizational chart) slide 6 in chapter 1 slides for loblaws. Planning and managing a firms investment in long term assets. Tim horton"s deciding whether or not to open more stores would be an example. Obtaining and managing long term financing through debt and equity and the mix of debt and equity maintained by a firm. Has to decide where and how to raise the money. Planning and managing the firm"s current assets and liabilities. Working capital refers to the difference b/w a firms short term assets such as inventory and its short term liabilities such as money owed to suppliers. A business owned by a single individual.