Chapter 17 Managing Business Finances

A photo of a server slicing grilled beef tableside at a Fogo de Chao restaurant.

Yataka/Aflo Co., Ltd./Alamy Stock Photo

Learning Objectives

After reading this chapter, you should be able to:

  1. 17-1 Explain the concept of the time value of money and the principle of compound growth, and discuss the characteristics of common stock.

  2. 17-2 Identify reasons for investing and the investment opportunities offered by mutual funds and exchange-traded funds.

  3. 17-3 Describe the role of securities markets and identify the ...

Get Business Essentials, 12/e now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.