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UNCG / Finance / FIN 315 / How can i manage/invest my money so that it will make me more money?

How can i manage/invest my money so that it will make me more money?

How can i manage/invest my money so that it will make me more money?

Description

School: University of North Carolina - Greensboro
Department: Finance
Course: Business Finance
Professor: Milanese
Term: Spring 2016
Tags: FIN 315, Milanese, business finance, Publically Traded Corporations, Corporations, finance, and Shareholders Meeting
Cost: 25
Name: Chapter 1 The Role of Managerial Accounting
Description: Hey Class!!! These notes cover the material from chapter 1 of the textbook: What is Finance?, the difference between unincorporated businesses and corporations, publically traded corporations, and what happens at a Shareholders Meeting. Hope they help! Subscribe for weekly Notes! As always Good luck studying! Sincerely Chris Holder
Uploaded: 01/23/2016
3 Pages 37 Views 2 Unlocks
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Chris Holder


How can i manage/invest my money so that it will make me more money?



Fin 315 Milanese

Jan 14

Chapter 1: The Role of Managerial  Finance

What is Finance?

Financesis the combination of Accounting and Economics to analyze, invest, and management of  money. Accounting is the language that finance is spoken in and economics is the tone. Finance is a  decision science. The driving question of finance is, “how can I manage/invest my money so that it will  make me more money?”

Finance focuses on estimating the size, timing, and the riskiness of Future cash flows and  determining what they are worth today!


What does it mean if a business is not incorporated?



1. Making an investment example:

Invest Today 1$ 2$ 3$ 4 $returns

$

What am  

I willing to  

pay today?

Chris Holder

Fin 315 Milanese

Jan 14

Unincorporated Business & Corporations

Un-incorporated Business

Person =  

Business (The  

Easy to  

Form

Not Double  Taxation

Un-incorporated  Business

liabilities of  the business  aree tied to  the owner.

Limited  Life Don't forget about the age old question of Why did ww1 begin?

Chris Holder

Fin 315 Milanese


What is a corporation in business?



Jan 14

Corporations

Unlimited-Life ( If  the owner dies,  the business  

continues on.)

Double Taxation  

[Profit (is taxed$);  reinvest or give as  dividends to  

shareholders (are  also taxed$)]

Corporations

Difficult  

to form.

Person separate  from business  (Liabilities of the  business are  

separate from the  owner)

Publically Traded Corporations

*A company that opens purchase of shares to the public.  

IBM shares go for $132.00

An Agency relationship = Defines the Company Management. Management represents the  SHAREHOLDERS.

CEO’s Role: Create an appropriate return ($$$) for the shareholders.

The Agency Problem: whenever a confict of interst occurs between managers and shareholders

Shareholders Meetings:

Shareholders can submit proposal, as to the direction they want the company to go in; then  proposals are voted on Don't forget about the age old question of What refers to cancer of epithelial origin?
If you want to learn more check out Why are advertising and branding powerful?
If you want to learn more check out How is business defined in financial terms?

1 share = 1 vote  We also discuss several other topics like What is behavior and mental processes?
Don't forget about the age old question of What does "maitreya" mean in buddhism?

Afterward Management can either follow proposals or ignoreproposals If a proposal is ignored, the Shareholders can then speak with the Board of Directorsto either  demand compliance with the proposal, or FIRE management.

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