This course focuses on how economic events are reflected in a firm’s financial statements including a balance sheet, an income statement and a statement of cash flows. It also discusses how a company raises capital from equity investors and lenders, and how it chooses the right mix of debt and equity to minimize it’s cost of capital.
Learning outcomes from the course:
- Understand how economic events affecting a business are quantified and summarized in a company’s financial statements, including its balance sheet, income statement and statement of cash flows
- Learn to analyze a company’s working capital investments
- Use financial criteria such as (NPV), (IRR) to evaluate whether capital expenditure projects increase shareholder value