Title: Course Introduction
Course: SkillsCom BA 222 16.0 > Section: BA 222 - Financial Management

In this course, you will learn how to manage the finances of a small business, however the concepts you learn can also be used for managing a large organization, or even your personal finances. You will explore the information found on the three most common financial statements – the balance sheet, the income statement, the statement of cash flows – and learn how to use that information to assure the financial health of an organization.

Course Outcomes:

1. Describe and interpret the four standard financial statements.
2. Describe the importance of current assets and liabilities.
3. Calculate and interpret standard business ratios including: current, inventory turnover, gross margin (profit), ROA, ROE, EPS, and A/R Days.
4. Discuss the difference between markup and margin.
5. Calculate break-even points and units needed to make profit levels.
6. Calculate working capital and estimate minimum cash reserves.
7. Track cash flows for an organization.