Query by bruce: i have some sockets that say on them craftsman be whats that all about?
Best answer:
Answer by Mike S
Sears craftsman line of tools?
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Question by Armada: What are some useful finance classes to take if I am planning to do a minor in Finance?
I’m an accounting major planning to do a minor in Finance and need to know what are the useful classes in Finance I should take? Here are the courses I can choose from; Financing New Ventures, Managing Corporate Assets and Liabilities, Intermediate Investments, Financial Analysis and Modeling, Finance in the Global Environment, Advanced Corporate Financial Planning, Introduction to Options and Futures, and Seminar in Finance. I have already taken two Finance classes towards my minor and need to take three more.
Best answer:
Answer by icprofit6000
Hopefully they are all useful. I expect there is some duplication among these classes and class you taken or will take.
Why are you getting a minor in Finance? Do want to reinforce what your learning in accounting or broaden your knowledge base?
Seminar in Finance — cover a broad area of topics. Might be useful in deciding what other classes you might want to take. You might find most seminar boring and strictly academic exercises or you might enjoy them all.
Financing New Ventures — useful but mostly if you want to work with New Ventures.
Managing Corporate Assets and Liabilities — general applicable and might reinforce your other management accounting class work
I take both
Financial Analysis and Modeling
and
Advanced Corporate Financial Planning.
I think they will reinforce your management accounting classes and have considerable usefulness in most future careers.
I assuming you had some introductions to investment, take these if you like the class and want more otherwise skip them. Although you should have a understanding of Options and Futures, I assume get the basic material in another class.
Intermediate Investments
Introduction to Options and Futures
Finance in the Global Environment — You could get this information in other classes, Take this class if I really wanted to understand in detail how the global economic and monetary policy works.
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Question by Son of a B1tch: Some questions regarding basic terminology in finance?
1) Credit
2) Credit expansion
3) “Pooling” as in pooling debt.
4) Securitization
What do these mean?
Best answer:
Answer by Sean Roberts
1) Credit is providing someone with goods or services with the understanding that they will pay you in a preagreed time in the future.
2) Credit expansion is an economic term. It means the part of any increase in the money supply which is not due to a balance-of-payments surplus. The money supply can increase through a balance-of-payments surplus, on either current or capital account.
3) Debt pooling is an arrangement by which a debtor would deposit funds for the purpose of distributing such funds among his creditors. It is used in bankrupcy.
4) Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations and selling said debt as bonds, pass-through securities, or Collateralized mortgage obligation (CMOs), to various investors. This is one of the things that led to the horrible recession we’ve gone through.
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