University Lesson Notes Lesson 13 Managerial Accounting: Concepts and Principles Learning objectives 1. Describe the definition of managerial accounting. 2. Identify and explain the difference between managerial accounting and financial accounting. 3. Analyze different ways to classify costs 4. Describe the flow of manufacturing activities

金融工具(Financial instrument)可以分为原生 金融工具和衍生金融工具,原生金融工具的价格 和收益直接取决于发行者的经营业绩。衍生工具 (Derivative instrument)其价值是原生金融工 具的价值派生出来,是或有要求权(Contingent claim)。 任何金融工具都是标准化的资本证券,标准化的 目的是增强流动性。一般要把期限、交易条款、 交易金额标准化,只剩下交易价格需要由市场决 定,从而买卖双方之间只要讨论价格,这样就减 少交易成本

4-1: The Demand for Money 4-2: The Determination of the Interest Rate: I 4-3: The Determination of the InterestRate:Ⅱ

In late 1990, executives, engineers, and financial advisors working for Amoco Corporation and Apache Corporation began serious discussions about the sale to Apache of MW Petroleum Corporation, a wholly-owned subsidiary of Amoco Production Company. Amoco had transferred to MW certain of its own assets that it regarded as non-strategic. MW,s size, location, and operations were all very attractive to Apache, which had grown nearly 30% per year since the mid-1980s

Consumption over the Life Cycle You are currently 35 years old, expect to retire in 30 years at age 65, and then to live for 15 more years until age 80 u You current income is $30,000 per year, and you real labor income adjusted for inflation remains at $30,000 per year until age 65 u The real rate of interest is 3% per year u Assume you plan to consume a constant stream of the same amount in each of the next 45 years, denoted by

The relationship between The law of one price an asset's' value& price arbitrage Value maximization Interest rates the law financial decisions of one price Accounting measures of Exchange rates value

Chapter 10: An Overview of Risk Management Objective Risk and Financial Decision Making Conceptual Framework for Risk Management Efficient Allocation of Risk-Bearing

经济类课件汇集_INTERNATIONAL MARKETING_Chapter 5 The Financial Environment

4.1 Introduction 4.2 Banking system& monetary market 4.3 The interest rate& national income

1 An Excursion into Non-linearity land Motivation: the linear structural (and time series) models cannot explain a number of important features common to much financial data