Upon successful completion of this unit, you will be able to:

  • 4a Describe the role of accounting and finance in the business process (CLO 5)
  • 4b Describe components of the income statement and balance sheet (CLO 5)
  • 4c Differentiate between key financial ratios for making business decisions, including profit margin, return on equity, and debt to equity ratio (CLO 6)
  • 4d Assess the implications of financial ratios for the future performance of a company (CLO 6)
  • 4e Describe the roles of the Federal Reserve, banks, interest rates, and credit analysis with respect to decisions on financial lending (CLO 5)
  • 4f Describe different options for financing (CLO 5)
  • 4g List and explain the tools available to the Federal Reserve during financial crises (CLO 5)
  • 4h Analyze the causes and implications of the 2008 financial meltdown (CLO 5)
  • 4i Calculate the time value of money (CLO 5)
Back to 'Unit 4: Accounting, Finance, and Banking'