Microsoft Excel and Financial Terminology
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hcs385_v7_wk1_financial_terminology_worksheet.docxHCS/385 v7
Financial Resources Worksheet
HCS/385 v7
Page 2 of 2
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Financial Terminology Worksheet
Complete Parts 1 and 2 using the provided instructions.
Cite sources to support your answers.
Format citations and references according to APA guidelines.
Part 1: Financial Terms Definitions and Reflection
Complete the Financial Terms Definitions and Reflection Table by doing the following:
· In the space provided in the Financial Term Definition column, define the financial term presented in the Financial Term column.
· Reflect on how you can apply each financial term at work or in your personal life in the space provided in the Financial Term Reflection column.
Financial Terms Definitions and Reflection Table
|
Financial Term |
Financial Term Definition |
Financial Term Reflection |
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Present value (PV) |
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Future value (FV) |
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Net present value (NPV) |
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Internal rate of return (IRR) |
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Time value of money (TVM) |
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Breakeven point (BEP) |
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Financial ratios |
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Financial statements |
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Part 2: Questions and Answers
Answer the following 2 questions in the space provided after each question.
1. What is the difference between NPV and IRR?
2. In 50 words or less, reflect on whether the work you completed in this worksheet was useful to you or not. Explain why or why not.
References
Copyright 2023 by University of Phoenix. All rights reserved.
Copyright 2023 by University of Phoenix. All rights reserved.
