1 of 28

ACCOUNTING

=

HISTORY

FINANCE

=

FUTURE

2 of 28

BUT

...

“Those who cannot remember

the past are

doomed to repeat it”

George Santayana

3 of 28

The Financial Crisis of 2008: 10 points

1. Describe something specific you learned from the Crash Course video.

2. Create one question based on something specific in the Crash Course video. Be sure to reference the specific content in the Crash Course video.

3. If you were a philosopher-king or philosopher-queen, with total command of the U.S. economic policies and regulations, describe one policy you would put in place to prevent another financial crisis like the one described in the Crash Course video. Be sure to explain why your policy would prevent another crisis.

You may work with one (1) other student if you wish. Be sure to put both your names on the document you submit! FINISH BY 12:20 PM

4 of 28

The Skillings

Remember Enron & Mark to Market Accounting?

That’s based on Corporate Finance

5 of 28

Financial Management: Core Concepts

Fourth Edition

My Lab Enrollment

Why? Online textbook, online exercises good fit with remote learning model

  • See instructions sheet in Classroom
  • Two codes!
    • Course code
    • Student access code
    • Codes in Classroom
    • Enter carefully!
  • On Home Page, run Browser Check
  • Review Chapter 1 eText & Homework

Record your Username & Password!

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

6 of 28

Financial Management: Core Concepts

Fourth Edition

Chapter 1

Financial Management

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

7 of 28

Learning Objectives (1 of 2)

1.1 Describe the cycle of money, the participants in the cycle, and the common objective of borrowing and lending.

1.2 Distinguish the four main areas of finance and briefly explain the financial activities that each encompasses.

1.4 Discuss the three main categories of financial management.

1.5 Identify the main objective of the financial manager and how that objective might be achieved.

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

8 of 28

Learning Objectives (2 of 2)

1.6 Explain how the finance manager interacts with both internal and external players.

1.9 Define issues in corporate governance and business ethics.

1.10 Explain why studying finance improves your employability.

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

9 of 28

Financial Management: Core Concepts

Fourth Edition

  • Chapter 1 Quiz
  • Complete by 11:45 AM
  • 10 points
  • Partial credit available

See your notes from review at end of last class!

FINISH QUIZ AND BE READY TO TURN CAMERA ON AT 11:45 AM

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

10 of 28

Shark Tank Analysis: 10 points

BREAK OUT ROOM (2 STUDENTS)

1. Watch Shark Tank episode (~10 minutes)

2. Discuss the accounting and finance information the “Sharks” (potential investors) covered.

3. Answer these questions

  • What information is positive?
  • What information is negative?
  • Would you invest?
  • Why? (Cite at least one piece of accounting or financial information)

SUBMIT BY 12:35 PM

11 of 28

Financial Management: Core Concepts

Fourth Edition

  • Introduction to Present Value

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

12 of 28

Financial Management: Core Concepts

Fourth Edition

Chapter 3

The Time Value of Money (Part 1)

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

13 of 28

Learning Objectives

3.1 Calculate future values and understand compounding.

3.2 Calculate present values and understand discounting.

3.3 Calculate implied interest rates and waiting time from the time value of money equation.

3.4 Apply the time value of money equation using formula, calculator, and spreadsheet.

3.5 Explain the Rule of 72, a simple estimation of doubling values.

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

14 of 28

  • Complete Questions 1-3 in Chapter 3 Homework
  • Create Timeline
  • Use the Spreadsheet in Classroom
  • Use Chat or Unmute to ask questions!

Completed Homework worth 8 points

15 of 28

  • Complete Questions 4-5 in Chapter 3 Homework
  • Create Timeline
  • Use the Spreadsheet to calculate answer
  • Use Chat or Unmute to ask questions!

Completed Homework worth 8 points

16 of 28

  • Complete Questions 6-7 in Chapter 3 Homework
  • Use the Spreadsheet attached to today’s class information
  • Use Chat or Unmute to ask questions!

Completed Homework worth 8 points

17 of 28

Shark Tank Analysis: 10 points

BREAK OUT ROOM

(2 STUDENTS)

1. Watch Shark Tank episode (~10 minutes)

2. How much have the entrepreneurs invested?

3. What is the gross margin they make on each doll?

4. How many dolls do they have to sell to equal the amount of investment?

5. Would you invest? Why?

BE READY TO DISCUSS BY 12:20 PM

18 of 28

Financial Management: Core Concepts

Fourth Edition

Chapter 4

The Time Value of Money (Part 2)

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

19 of 28

Learning Objectives (1 of 2)

4.1 Compute the future value of multiple cash flows.

4.2 Determine the future value of an annuity.

4.3 Determine the present value of an annuity.

4.4 Adjust the annuity equation for present value and future value for an annuity due and understand the concept of a perpetuity.

4.5 Distinguish between the different types of loan repayments: discount loans, interest-only loans, and amortized loans.

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

20 of 28

Learning Objectives (2 of 2)

4.6 Build and analyze amortization schedules.

4.7 Calculate waiting time and interest rates for an annuity.

4.8 Apply the time value of money concepts to evaluate the lottery cash flow choice.

4.9 Summarize the 10 essential points about the time value of money.

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

21 of 28

  • Complete Question 1 in Chapter 4 Classwork
  • Work 1st part with Mr. N
  • ~10 minutes
    • Create Timeline!
    • Use the Spreadsheet in Classroom!
  • Use Chat or Unmute to ask questions

Completed Classwork worth 10 points

FINISH & Cameras On

By 12:25 PM

22 of 28

COMPOUNDING! Growth with Different Interest Rates for $100-Annual Payments

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

23 of 28

  • Complete Questions 2-3 in Chapter 4 Classwork
  • ~10 minutes
  • Create Timeline
  • Use the Spreadsheet in Classroom
  • Use Chat or Unmute to ask questions!

Completed Classwork worth 10 points

FINISH & Cameras On

BY 12:25 PM

24 of 28

Financial Management: Core Concepts

Fourth Edition

Chapter 4

The Time Value of Money (Part 2)

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

25 of 28

Learning Objectives (1 of 2)

4.1 Compute the future value of multiple cash flows.

4.2 Determine the future value of an annuity.

4.3 Determine the present value of an annuity.

4.4 Adjust the annuity equation for present value and future value for an annuity due and understand the concept of a perpetuity.

4.5 Distinguish between the different types of loan repayments: discount loans, interest-only loans, and amortized loans.

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

26 of 28

Learning Objectives (2 of 2)

4.6 Build and analyze amortization schedules.

4.7 Calculate waiting time and interest rates for an annuity.

4.8 Apply the time value of money concepts to evaluate the lottery cash flow choice.

4.9 Summarize the 10 essential points about the time value of money.

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.

27 of 28

  • Complete Question 1 in Chapter 4 Classwork Part 2
  • Work 1st part with Mr. N
  • ~10 minutes
    • Create Timeline!
    • Use the Spreadsheet in Classroom!
  • Use Chat or Unmute to ask questions

Completed Classwork worth 10 points

FINISH & Cameras On

By 12:10 PM

28 of 28

Copyright

Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved.