PRINCIPLES OF MANAGERIAL FINANCE（管理财务的原则）.pdf

FREDDIE PEREZ ID #: UD4080BBA9273 PRINCIPLES OF MANAGERIAL FINANCE A Phase II Course Presented To The Academic Department Of The School Of Business and Economics In Partial Fulfillment of the Requirements For The Degree of Doctorate in Business Administration ATLANTIC INTERNATIONAL UNIVERSITY TABLE OF CONTENTS 1. Introduction 2. Basic Concepts in Principles of Managerial Finance a. Managerial Finance b. Financial Statements and Analysis c. Cash Flow and Financial Planning d. Time Value of Money e. Risk and Return f. Interest Rates and Bond Valuation g. Stock Valuation h. Capital Budgeting Cash Flows i. The Cost of Capital j. Leverage and Capital Structure k. Dividend Policy l. Working Capital and Current Assets Management m. Current Liabilities Management 3. General Analysis 4. General Recommendations 5. Conclusions 6. References 1. INTRODUCTION Managerial Finance is essentially a combination of economy and accounting. First, finance managers utilized accounting information, cash flows, etc., for planning and distribution of finance resources of the company. Secondly, managers use economic principles as a guide for financial decision making that favor the interest of the organization. In other words, finance constitutes an area applied in economics that is supported by accounting information. Since finance reflexes what adds value to a company, finance managers constitute important individuals for the majority of business. Financial managers measure the development of the company, they determine the financial consequ