How Much Cash Should a business Have? Every business needs enough cash to pay its bills! Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc

Why Businesses Incorporate Stockholders have no personal liability. Transferability of Privately, or ownership. Closely Held Professional management

Reporting the Results of Operations Information about net income is used by investors, creditors, and other financial statement users. Normal, recurring Unusual, nonrecurring revenue and expense events that affect transactions

The Nature of Liabilities Defined as debts or obligations arising from past transactions or events. Maturity 1 year or less Maturity 1 year Current

Plant assets Long-lived assets acquired for use in business operations. Similar to long-term prepaid expenses 田 As years pass, and the The cost of plant assets is services are used, the the advance purchase of cost is transferred to services。 depreciation expense Irwin/McGraw-hill

Inventory Defined Inventory Goods owned and Current held for sale to asset customers Irwin/McGraw-hill

Slide Purpose of Analysis Financial statement analysis helps users make better decisions Internal Users External users Managers Shareholders Officers Lenders Internal Auditors

一、名词解释: 1.公共产品2。拉弗曲线3。预提所得税4财政政策5转移支出 6.国债依存度7。税收中性8。复试预算9税收饶让10购买支出

第一节国际金融市场概述 第二节国际金融市场的构成 第三节离岸金融市场 第四节创建我国的离岸金融市场

第一节有效市场假说 第二节资本资产定价模型(CAPM) 第三节套利定价模型(APT) 第四节期权完价理论