Course

Course Summary

Credit Type:

Course

ACE ID:

ICS-0232

Organization's ID:

FIN 310

Organization:

Penn Foster College

Location:

Online

Length:

52 weeks

Dates Offered:

Credit Recommendation & Competencies

Level	Credits (SH)	Subject
Upper-Division Baccalaureate	3	Corporate Finance

Description

Objective:

This course objective is to address one of the most important components of every business operation - financial decision making. All business decisions have some financial implications, either directly or indirectly. Many of the financial concepts addressed in this course arise and may be applied to your personal financial and economic decisions. It is very important, therefore, to develop a broad, basic understanding of the study of finance and corporate finance.

Learning Outcomes:

Describe the main components of a balance sheet
Apply the basic equations used to calculate a firm's working capital and cash flow
Read and interpret basic balance sheets and income statements
Calculate capital gains, losses, and overall returns in simple stock transactions
Define a variety of risk components and explain how they affect investment returns
Describe the importance of diversification in an investment portfolio
Discuss the concept of financial leverage
Define the basic types of corporate bankruptcy proceedings
Explain how options, employee stock options, warrants, and convertible bonds work
Calculate amortization schedules, cash flows, cost of capital, depreciation and expense schedules, and after-tax cash outflows.
Calculate present values and future values
Define what a bond is and discuss the different types of bonds
Explain the differences between common stocks and preferred stocks
Discuss the relative strengths and weaknesses of the various methods for analyzing investments
Calculate the break-even point for a project
Describe how investment portfolios are assembled and weighted
Explain the debt and equity components of a firm's capital structure