Profesor:
Alexandra Horobet
Descriere
Financial Statements Analysis. Fundamental principles of finance. The function of corporate finance. The role of the financial manager. Agency problems and costs. The financial market economy. Time value of money. Perpetuities. Annuities. Special applications of time value of money principles. Investment evaluation criteria. Net present value. Internal rate of return. Book rate of return. Payback period. Profitability index. Evaluation criteria used in corporate practice. Cash flow principles. Opportunity costs and sunk costs. Side effects. Allocation of overhead costs. Sources of cash flows. Cash flow timing. Risk refinements in capital budgeting. Breakeven analysis. Sensitivity analysis. Scenario analysis. Monte Carlo simulation. Decision trees and real options. Cost of capital and capital structure.
