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

3

Prerequisite

Prerequisite: BA 121 Professional Accounting II or BA 215 Survey of Accounting or BA 211 Principles of Accounting: Financial with a grade of C or better.

Notes

Lower Division Transfer (LDT) Course

Outcomes

Upon successful completion of this course, students will be able to:
Describe and interpret the four standard financial statements. Describe the importance of current assets and liabilities. 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.