
Finance: The Basics

We will start with an examination of corporate financial statements, focusing on: O Financial structure and reporting:
Erik Banks • Finance: The Basics
FINANCIAL PLANNING
Erik Banks • Finance: The Basics
companies issue stock and bonds, which individuals can purchase for their savings and investment plans.
Erik Banks • Finance: The Basics
THE FINANCIAL STATEMENTS CHAPTER OVERVIEW
Erik Banks • Finance: The Basics
Speculating, like investing, is a method of committing capital in order to generate a satisfactory return. Speculative activities are generally centered on a company's purchase or sale of securities, financial contracts, or select physical assets (commodities, real estate) rather than the direct purchase of productive assets used to create goods an
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THE GOALS OF FINANCE
Erik Banks • Finance: The Basics
concepts/tools, instruments/transactions, and markets/ participants discussed
Erik Banks • Finance: The Basics
Balance sheet: A point-in-time reflection of a company's assets, liabilities, and capital
Erik Banks • Finance: The Basics
This financial picture is summarized in Figure 1.2. Figure 1.2 The complete financial picture