ACCT1410 Business Finance

This course is designed to present basic business finance principles to business and marketing students. Students are taught to use planning tools, and to assess investment viability, financial position and performance, liquidity, and financing options.

Credits

3

Prerequisite

Qualifying score on math assessment test OR MATH1050 or MATH1060. And recommended, Qualifying score on reading assessment test OR ENGL0921 and qualifying score on writing assessment test OR ENGL0930

Course Requirements and Evaluation

Refer to Course Syllabus for detailed information regarding the requirements and evaluation standards for this course. The Course Syllabus will be distributed the first week of the course.

Learning Outcomes

The following outcomes will be addressed in the course:
Examine mainstream investment options
Determine profitability under alternative inventory costing methods (i.e. FIFO, LIFO, and Average Cost)
Perform elementary cost-volume-profit analysis
Demonstrate understanding of sound financial management principles
Identify components of basic financial statements
Perform high-level analysis of basic financial statements
Formulate decisions using financial calculations
Evaluate alternative sources of short-term and long-term financing
Construct operating and capital budgets

Text and References

A list of textbooks required for this course is available at the bookstore.

Course Scheduling

The scheduled hours of instruction include sixteen hours for each lecture credit, thirty two hours for each lab credit and forty hours for each credit of supervised occupational experience (SOE). Lecture credit may include formal or impromptu lectures, demonstrations or discussions with the entire class or with small groups or individuals. Refer to the Credit Details section of this course outline for the credit breakdown.

Accommodations Statement

Disability Services assists students with disabilities who need accommodations to access programs, services and college activities.  If this applies to you, please contact the DS Office on your campus to initiate the accommodations process. 
Brooklyn Park Campus - 763-488-2477
Eden Prairie Campus – 952-995-1544

Campus

Brooklyn Park Campus Eden Prairie Campus 952-995-1300

Credit Details

lecture:

3