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Summary of Finance

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Complete HSC course summary of the Finance topic in the HSC Business studies course

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33 Pages Complete Study Notes 1-2 Years old
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5 Ex Credits


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Topics this document covers:
Economy Finance Money Corporate finance Equity securities Stock market Financial capital Financial ratios Balance sheet Financial management Equity Leverage
This is a Complete Set of Study Notes

Complete Study Notes typically cover at least half a semester’s content or several topics in greater depth. They are typically greater than 20 pages in length and go into more detail when covering topics.

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Topics this document covers:
Economy Finance Money Corporate finance Equity securities Stock market Financial capital Financial ratios Balance sheet Financial management Equity Leverage
Sample Text:
Long-term financial management Strategy: the major tool/s adopted by a business to achieve its goals Financial managers are in control of: ➢ Cash ➢ Accounting ➢ Complying with legal regulations ➢ Budgeting for future needs ➢ Raising finance A business’s goals may include: o Increasing dividends to shareholders o Maintaining an environmentally friendly business o Being a market leader within 5 years Goals are translated into business objectives. Business objectives: break the business operations into achievable and manageable outcomes that can be measured and evaluated. The main financial objective is to maximize profits. Financial resources are those resources in a business that have a monetary or money value. Financial management i...
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