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Business Finance Budgeting
This textbook covers an overview of finance and forms of business, accounting and financial statements, short financial management and cash budgets, capital budgeting, capital structure and leverage, managerial accounting and cost concepts, job order costing and cost-volume-profit reporting, and operating budgets.
- Author
- Jesse Ledvina
- Publisher
- Northeast Wisconsin Technical College
- Source
- LibreTexts
- License
- CC BY-NC-SA
- Language
- EN
- Category
- Economics
Contents· 92 sections
- 01: Finance Overview and Forms of Business
- 1.01: Why It Matters
- 1.02: What Is Finance
- 1.03: The Role of Finance in an Organization
- 1.04: Importance of Data and Technology
- 1.05: Careers in Finance
- 1.06: Markets and Participants
- 1.07: Microeconomic and Macroeconomic Matters
- 1.08: Financial Instruments
- 1.09: Concepts of Time and Value
- 1.10: Business Structures
- 1.11: Relationship between Shareholders and Company Management
- 1.12: Role of the Board of Directors
- 1.13: Agency Issues- Shareholders and Corporate Boards
- 1.14: Interacting with Investors Intermediaries and Other Market Participants
- 1.15: Companies in Domestic and Global Markets
- 1.16: Summary
- 1.17: Key Terms
- 1.18: Review Questions
- 02: Accounting and Financial Statement Overview
- 2.01: Why It Matters
- 2.02: Cash versus Accrual Accounting
- 2.03: Economic Basis for Accrual Accounting
- 2.04: How Does a Company Recognize a Sale and an Expense
- 2.05: When Should a Company Capitalize or Expense an Item
- 2.06: What Is Profit versus Loss for the Company
- 2.07: The Income Statement
- 2.08: The Balance Sheet
- 2.09: The Relationship between the Balance Sheet and the Income Statement
- 2.10: The Statement of Owners Equity
- 2.11: The Statement of Cash Flows
- 2.12: Operating Cash Flow and Free Cash Flow to the Firm (FCFF)
- 2.13: Common-Size Statements
- 2.14: Reporting Financial Activity
- 2.15: Summary
- 2.16: Key Terms
- 2.17: Review Questions
- 2.18: Problems
- 03: Short Financial Management and Cash Budget
- 3.01: Why It Matters
- 3.02: What Is Working Capital
- 3.03: What Is Trade Credit
- 3.04: Cash Management
- 3.05: Receivables Management
- 3.06: Inventory Management
- 3.07: Using Excel to Create the Short-Term Plan
- 3.08: Summary
- 3.09: Key Terms
- 3.10: Review Questions
- 04: Capital Budgeting
- 4.01: Capital Budgeting Fundamentals
- 4.02: Capital Budgeting Concepts and Process
- 4.03: Non-Discounted Cash Flows (DCF) Capital Budgeting Techniques
- 4.04: Discounted Cash Flows (DCF) Capital Budgeting Techniques
- 4.05: Capital Rationing and Project Selection
- 4.06: Capital Budgeting Applications
- 4.07: Estimate Project Cash Flows
- 4.08: Estimate Project Risk and the Discount Rate
- 4.09: Analyse Project Risk Using Quantitative Tools
- 4.10: Real Options in Capital Budgeting
- 4.11: Summary
- 05: Capital Structure and Leverage
- 5.01: Capital Structure and Cost of Capital
- 5.02: Characteristics of Equity and Debt
- 5.03: Concept and Measure of Capital Structure
- 5.04: Capital Structure Theories
- 5.05: Estimate the Cost of Capital (WACC)
- 5.06: Summary
- 06: Managerial Accounting and Cost Concepts
- 6.01: Accounting and Cost Classification
- 6.02: Cost Behavior
- 6.03: Income Statements
- 6.04: Practice Problems
- 07: Job Order Costing and Cost Volume Profit Reporting
- 7.01: Introduction to Job-Order Costing
- 7.02: Manufacturing Overhead
- 7.03: Job Cost Sheets
- 7.04: Multiple Predetermine Manufacturing Overhead Rates
- 7.5: Cost Volume Profit Analysis
- 7.6: Break Even and Target Profit
- 7.7: Practice Problems
- 08: Operating Budget
- 8.01: Why It Matters
- 8.02: The Importance of Forecasting
- 8.03: Forecasting Sales
- 8.04: Pro Forma Financials
- 8.05: Generating the Complete Forecast
- 8.06: Forecasting Cash Flow and Assessing the Value of Growth
- 8.7: Summary
- 8.8: Key Terms
- 8.9: Review Questions
- 8.10: Problems