Ch 15: Financial Management & Planning

About This Chapter

Expand your understanding of financial management and planning with a review of topics like the role of financial managers, the financial planning process, and equity capital. These brief lessons are helpful to students preparing for a test, completing a homework assignment, or in need of a quick refresher.

Financial Management & Planning - Chapter Summary

In these lessons, you'll learn about different aspects of financial management and planning, such as debt capital and sources of long-term financing. There is also a discussion about the financial planning process and the role of financial managers. After completing the chapter, you'll be ready to:

  • Detail the role and responsibilities of financial managers
  • Discuss the financial planning process
  • Identify the differences between debt capital and equity capital
  • Explore various sources of short-term and long-term financing

Our subject matter experts ensure that the information presented is easy to understand. You can select which topics to review in the videos and go back and review specific topics as necessary. A brief multiple-choice quiz is available for each lesson to test your knowledge and you can print the lesson quizzes for use as a worksheet.

5 Lessons in Chapter 15: Financial Management & Planning
Test your knowledge with a 30-question chapter practice test
The Role and Responsibilities of Financial Managers

1. The Role and Responsibilities of Financial Managers

Financial managers play a pivotal role in the success of companies. In this lesson, you'll learn about the duties and responsibilities of financial managers. You'll also have a chance to take a short quiz after the lesson.

Debt Capital Vs Equity Capital

2. Debt Capital Vs Equity Capital

Sufficient capital is essential for starting, maintaining and growing a business. In this lesson, you'll learn how a corporation can raise capital through equity and debt. You'll also learn about the advantages and disadvantages of each approach.

Sources of Short-Term Financing

3. Sources of Short-Term Financing

Companies often need to utilize financing to cover shortfalls in cash flow. In this lesson, you'll learn about sources of short-term financing available to companies including trade credit, lines of credit, bank loans and credit cards.

Sources of Long-Term Financing

4. Sources of Long-Term Financing

Some businesses require a large amount of capital to get off the ground or expand. In this lesson, you'll learn about sources of long-term financing, including commercial loans, selling equity and issuing debt.

The Financial Planning Process

5. The Financial Planning Process

Financial planning is essential for the success of any business. In this lesson, you'll learn about the financial planning process that businesses perform, including preparation of a master budget, capital budget and cash budget.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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