FINANCE MISC
Western Governors University
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C214 Financial Management Notes.
- Other • 91 pages • 2022
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C214 Financial Management Notes
Section 1 – Overview of Finance:
Accounting – backward looking, measure past operations
Financial Management – forward looking, focus on executive future transactions, based on expected
future cash flows
Principles of Financial Decision-Making:
1. Efficient Market Prices - Effective decision-making depends on market efficiency
a. Effective Requirements: Which is more efficient? Buying gas or Selling house?
i. Competitive – many buyers and sellers
...
Other
C214 Financial Management Notes.
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ago
C214 Financial Management Notes Section 1 – Overview of Finance: Accounting – backward looking, measure past operations Financial Management – forward looking, focus on executive future transactions, based on expected future cash flows Principles of Financial Decision-Making: 1. Efficient Market Prices - Effective decision-making depends on market efficiency a. Effective Requirements: Which is more efficient? Buying gas or Selling house? i. Competitive – many buyers and sellers ...
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