Finance is about two things:
# Raising capital
# Investing capital
with the objective of increasing the wealth of the shareholders. The role division can be described as:
Treasurer:
* Cash planning
* Bank relation
* Risk
* Insurance
* Dividend policy
Cares about:
 Cash in 
 Cash out
-> $\Large \Delta$ in cash balance.

Controller:
* Budgeting
* Record keeping
* Auditing
* Taxation
* Salary administration
Cares about:
Revenue - 
Costs
-> Profit

How to discriminate different types of business?
|Business|Characteristics|Metric|h
|Electrical Utility|Capital intensive|High Property and Equipment costs|
|Trading Company|Volume driven business|Low fixed assets, low margins, high inventory turnover|
|'Japanese' Company||Long term debt / Owner's equity is the largest of all|
|Supermarket|Very short collection period|Very low account receivable ,Low margins|
|Aero space|Low turnover, High Inventories||
bag
finance_public
created
Fri, 04 Feb 2011 09:11:32 GMT
creator
dirkjan
modified
Fri, 04 Feb 2011 09:11:32 GMT
modifier
dirkjan
tags
-
M12
Session
creator
dirkjan