FIN 302 Lecture 1: Chapter 1
118 views2 pages
Verified Note
FIN 302 verified notes
1/30View all
Document Summary
There is three decisions business owner need to make: which long term investment should you make, where would you acquire long-term financing for your investment, how will you manage day to day financing activities. Corporation finance is study of the way to solve all the three questions. Cooperate finance, in general, can be divide into three main areas: capital budgeting : Which long term investment should the firm make: capital structure: What should be the optimizable debt-equity ratio should the firm choose: working capital management: Sole proprietorship: least regulated, a company solely owned by one person, owner keeps all the profit, owner has unlimited liability for all the business debt, business transfer is illiquid. Partnership: more than one owner (two or more, all partners share in gains and losses, one or more partner shares unlimited liabilities while the rest share limited responsibility, business transfer is illiquid.
Get access
Grade+
$40 USD/m
Billed monthly
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
10 Verified Answers
Class+
$30 USD/m
Billed monthly
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
7 Verified Answers