Examine the different roles that a manager plays in the financial success of a business.

1. Include in your response an explanation of the different forms of business organizations and provide a benefit of each type for maximizing profits.
2. Include in your response an explanation of the different types of financial statements. Define in detail
3. Explain the relationship of managerial finance to economics and accounting
4. Discuss the relationship between stockholders/shareholders, bondholders, and the financial manager.

DQ2

What is the common accounting equation that reflects the relationship among liabilities, owner’s equity, and assets? Define each

Exercise:

Place each one in the proper order so that the equation from above equals: (show your work)

Cash		89,000
Accounts Payable		25,000
Buildings		1,000,000
Mortgage Payable		250,000
Retained Earnings		837,000
Payroll Taxes due		9,000
Patient receivables		55,000
Accounts payable: Supplies		23,000

What is the difference between an expense and a cost?

Minimum of 450-500 words in length and properly sourced.

Table of Contents

Page 5 of 6

• Week 1 Introduction
• Week 1 Objectives
• Required Reading
• Week 1 Chapter PowerPoints
• Week 1 Discussion Questions
• Fall2015-SE1-HCMG750.11208 Room