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Overview/Description
Professionals and functional managers in every department deal with budgets one way or another for providing targets and direction in their day-to-day decision making and control activities. The budget is a formal expression of the plans, goals, and objectives of an organization and familiarity with the essentials of the budget is expected at every level within that organization. This course aims to provide a basic understanding of budgets and their importance in allocating resources and guiding the activities in an organization. It helps you identify the...
Overview/Description
The notion of Time Value of Money is at the foundation of many financial decisions and activities in an organization. Regardless of your functional or departmental role, you may be required to choose between investment options in assets, plants and equipments, new businesses, advertising campaigns, employee training, or technology, based on their future cash flow expectations. It is important for you to make sound financial decisions to allocate your organization's resources most effectively and ensure the best return possible on them. This course attempts to...
Overview/Description
The time value of money is a fundamental financial principal. It can be used to assess the worth of an investment, calculate the risks and benefits of debt, and determine projected savings needed to reach a financial goal. This Business Impact explores three common pitfalls that should be avoided when assessing the true time value of money.
Target Audience
Anyone with an interest in basic finance and accounting concepts
Expected Duration (hours)
0.1
Lesson ObjectivesThe Time Value of Money: Possible Pitfalls
Overview/Description
Potential new customers often ask for credit lines as a condition to signing on the dotted line. This Challenge examines the financial analysis involved with making effective credit decisions in such situations.
Expected Duration (hours)
0.2
Lesson ObjectivesUsing Financial Analysis for Credit Decisions
Overview/Description
A company's gross profit margin provides useful information about its financial health. This impact explores the significance of GPMs.
Expected Duration (hours)
0.1
Lesson ObjectivesWhat's Your Gross Profit Margin Really Saying?
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