From the course: Managerial Finance Foundations

Managerial finance

- How many days elapse between when Walmart buys inventory and when Walmart sells that same inventory to you and me? - Now, what startling transformation is seen by simply looking at the trend in Apple's return on sales over time? - What's a hurdle rate? - What's the difference between paying cash to shareholders in the form of dividends compared to paying the same amount in the form of share repurchases? Hi, I'm Jim Stice. I'm a professor in the business school at Brigham Young University. This is my brother Kay. - I'm also a business school professor at Brigham Young University. - [Jim] Finance is identifying what things I need. - [Kay] Determining how to get the money to buy those things. - [Jim] And managing those things efficiently once I have them. - [Kay] Managerial finance incorporates the power of managerial accounting measurements to accomplish these three objectives. - So, managerial finance is about measurement and evaluation and adjustment. - Join us as we combine the concepts of economics in finance with the measurements of managerial accounting. - This combination is called managerial finance.

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