1-2-3-Almost Done Week 1-Discussion
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discussions.docx
Week 1 - Discussion 1
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The Role of Financial Management in a Firm |
Summarize the role of management as it relates to finance in a corporation. In your post, address the following:
· Indicate the various aspects of finance that management must understand.
· Describe why a manager needs to understand the characteristics and importance of financial markets including risk and efficiency.
· Describe why cash flow is more important than sales in a business.
· Discuss what could happen if management does not fulfill responsibilities related to finance. If you have one, share a real world example from your own professional experience or from an external source.
Your post should be 200-250 words in length.
Week 1 - Discussion 2
Financial Statements |
View the Important Financial Documents video which looks at the fundamental financial documents every company needs; including the balance sheet, income statement, and statement of cash flow. In your post, choose one of the financial statements and explain how a manager would use the statement to drive financial analysis and decision-making. Your post should be 200-250 words in length.
