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BUS 401 PRINCIPLES OF FINANCE ASH
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.
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
Financial Management Challenges and Ethics. Find at least two articles from the ProQuest database that highlight and discuss two of the biggest challenges facing financial managers today. One of the articles should be about the challenge of maintaining ethical financial integrity. The other article can be on any other challenge that a financial manager may face (e.g., competition, foreign markets, government intervention, etc.).
Summarize your findings from the articles in a two- to three-page paper excluding title page and references page(s). The paper should be formatted according to APA style as outlined in the Ashford Writing Center. Be sure to properly cite your sources using APA style.
Dreams Do Come True. Imagine that you have decided you need a new car, but not any car will do; you have decided to purchase the car of your dreams. Conduct some research as to the cost of this car. You have determined in this imagined scenario that you could afford to make a 10% down payment. You can borrow the balance either from your local bank using a four-year loan or from the dealership’s finance company. If you purchase from your dealership’s finance company, the APR will be 10% with your 10% down and monthly payments over three years. However, the dealership will give you a rebate of 5% of the car price after the three year term is complete. You want the best deal possible, so you consider the following questions:
§ What type of car have you selected, and what will it cost?
What is the interest rate from your local bank for a car loan for four years?