财务管理课件.pptxVIP

Ch. 1 - An Introduction to Financial Management;Goal of the Firm;Goal of the Firm;Legal Forms of Business;2a) General Partnership All partners have unlimited liability. 2b) Limited Partnership Consists of one or more general partners, who have unlimited liability, and One or more limited partners (investors) whose liability is limited to the amount of their investment in the business.;3) Corporation A business entity that legally functions separate and apart from its owners. Owners’ liability is limited to the amount of their investment in the firm. Owners hold common stock certificates, and ownership can be transferred by selling the certificates.;The Corporation and Financial Markets;The Corporation and Financial Markets;The Corporation and Financial Markets;The Corporation and Financial Markets;The Corporation and Financial Markets;The Corporation and Financial Markets; ; ; ;The Corporation and Financial Markets;The Corporation and Financial Markets;;The Corporation and Financial Markets;The Corporation and Financial Markets;Primary Market Market in which new issues of a security are sold to initial buyers.;Primary Market Market in which new issues of a security are sold to initial buyers. Secondary Market;Primary Market Market in which new issues of a security are sold to initial buyers. Secondary Market Market in which previously issued securities are traded. ;Initial Public Offering (IPO);Initial Public Offering (IPO) The first time the firm’s stock is sold to the general public. ;Initial Public Offering (IPO) The first time the firm’s stock is sold to the general public. Seasoned New Issue ;Initial Public Offering (IPO) The first time the firm’s stock is sold to the general public. Seasoned New Issue A new stock offering by a firm that already has stock that is traded in the secondary market. ;Financial Management Axioms;Ch. 2 - Understanding Financial Statements, Taxes, and Cash Flows; SALES - EXPENSES = PROFIT; SALES - EXPENS