Lahore University of Management Sciences ACF 261: Principles of Finance Instructor: Mohammad Basharullah Year: 2007-2008 Office: Room:- 2253-ACT Quarter: Fall E-Mail: basharullah_2000@yahoo.com Phone 0300 401 3446 bashar@lums.edu.pk 0321 443 0296 Days: Monday & Wednesday Office Hours: 2:30-4:30 pm COURSE PRE-REQUISITES: A familiarity with basic Financial Accounting‚ Quantitative Methods and Statistics. COURSE DESCRIPTION: This is an
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OVERVIEW OF CORPORATION Lesson 1 Chapter 1 : Outline 1.1 What is Corporate Finance ? Some important questions that are answered using finance • What long-term investments should the firm take on? • Where will we get the long-term financing to pay for the investment? • How will we manage the everyday financial activities of the firm? Financial Manager Financial managers try to answer some or all of these questions The top financial manager within a firm is usually the Chief
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MGMT 640 Section 9056‚ Mid-term Exam Fall 2010 This exam consists of 33 multiple-choice questions. Enter your answers on the Answer tab of the Excel spreadsheet that has been provided. (The worksheet tabs are located at the bottom of your worksheet.) Put your calculations on the Calculations tab as evidence of your work. Your calculations will be used as evidence of your independent work only and will not be used for partial credit for incorrect answers. Change the Excel file name to include
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FIN 470 Exam1 - KEY 1. What is the primary disadvantage of the corporate form of organization? Name at least two advantages of corporate organization. The primary disadvantage of the corporate form is the double taxation to shareholders of distributed earnings and dividends. Some advantages include: limited liability‚ ease of transferability‚ ability to raise capital‚ and unlimited life. 2. Evaluate the following statement: Managers should not focus on the current stock value because doing
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Introduction to Standard Costing Standard costing is an important subtopic of cost accounting. Standard costs are usually associated with a manufacturing company’s costs of direct material‚ direct labor‚ and manufacturing overhead. Rather than assigning the actual costs of direct material‚ direct labor‚ and manufacturing overhead to a product‚ many manufacturers assign the expected or standard cost. This means that a manufacturer’s inventories and cost of goods sold will begin with amounts reflecting
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Solutions to Lectures on Corporate Finance‚ Second Edition Peter Bossaerts and Bernt Arne Ødegaard 2006 LECTURES ON CORPORATE FINANCE - (Second Edition) © World Scientific Publishing Co. Pte. Ltd. http://www.worldscibooks.com/economics/6188.html Contents 1 Finance 2 Axioms of modern corporate finance 3 On Value Additivity 4 On the Efficient Markets Hypothesis 5 Present Value 6 Capital Budgeting 7 Valuation Under Uncertainty: The CAPM 8 Valuing Risky Cash Flows 9 Introduction to derivatives
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PRINCIPLES OF FINANCE PRACTICE TEST 1 1. Finance can be defined as A. the system of debits and credits. B. the science of the production‚ distribution‚ and consumption of wealth. C. the art and science of managing money. D. the art of merchandising products and services. 2. Managerial finance A. involves tasks such as budgeting‚ financial forecasting‚ cash management‚ and funds procurement. B. involves the design and delivery of advice and financial products. C. recognizes funds on an
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|[pic] |Course Syllabus | | |School of Business | | |FIN/370 Version 7 | |
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Principles of Finance Review Sheet—Exam 1 The exam will include multiple choice questions and problems. If you have worked and understand the end-of-chapter problems that were assigned‚ you should be able to work the problems on the exam. You should understand the topical areas given in the following list—the concept questions will be primarily based on these topics. • Overview of Managerial Finance o Why is it important to have some understanding of finance? ▪ Finance
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CHAPTER 8 MAKING CAPITAL INVESTMENT DECISIONS Answers to Concept Questions 1. In this context‚ an opportunity cost refers to the value of an asset or other input that will be used in a project. The relevant cost is what the asset or input is actually worth today‚ not‚ for example‚ what it cost to acquire. 2. a. Yes‚ the reduction in the sales of the company’s other products‚ referred to as erosion‚ should be treated as an incremental cash flow. These lost sales are included because
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