BA 222 Financial Management

Covers topics dealing with financing a business, analysis of financial statements, working capital management, short- and long-term financial planning, budgeting and control.

Credits

Prerequisite

Prerequisite: BA 113 Practical Accounting III or BA 215 Survey of Accounting or BA 211Z Principles of Accounting: Financial with a grade of C or better.

Notes

Lower Division Transfer (LDT) Course

Outcomes

Describe the importance of the budgeting process and how it facilitates the planning and control processes of an organization. Calculate and interpret standard business ratios including: current, inventory turnover, gross margin (profit), ROA, ROE, EPS, and A/R Days. Discuss the difference between markup and margin. Calculate break-even points and units needed to make profit levels. Calculate working capital and estimate minimum cash reserves. Track cash flows for an organization.