22

Business Essentials

Richard E. Brown

Quanta Technology

22.1    Introduction

22.2    Accounting

More on Assets, Liabilities, and Owner’s EquityAmortization and DepreciationFinancial Statements

22.3    Finance

Time Value of MoneyCapital Structure

22.4    Financial Risk

DiversificationPortfolio TheoryCapital Asset Pricing ModelFinancial Options

22.5    Financial Ratios

22.6    Asset Management

22.1  Introduction

There are many challenging power engineering problems to be solved. New customers must be served. Old equipment must be maintained. New technologies must be assessed and adopted. To solve these challenges, power engineers find themselves responsible for planning, engineering, system analysis, system design, equipment ...

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