Financial Management for Non-Financial Managers Financial Management for Non- Financial Managers
2 Financial Management for NonFinancial Managers www: Mobile: lectures + 1 exam (individual homework sent via + test) Next lecture: 13 th October. WEDNESDAYS, 3 p.m., E205 WUE Brigham E., Financial Management: Theory and Practice
Financial Management for Non-Financial Managers 3 Basic financial aim of the firm Firm value maximization: Where: FCF n = free cash flows, CC = cost of capital financing the firm (WACC) n = period in which FCF n will be generated