Corporate Finance
                                                                 (key concepts)
1 Understanding the basic concepts of cash flow( sunk fund\ incremental cash flow, conventional cash flow and unconventional cash flow\ opportunity cost).
2 How to calculate and value two projects by using the IRR and NPV rule, understanding the NPV profile( cross section rate/multiple IRR)—Independent project vs mutual project and NPV with floating cost
3 the calculation of PI index/ Payback period/ discounted payback period( when PI>1, NPV>0)
4 the weighted average cost of capital—WACC = (wd)[kd(1 – t)] + (wps)(kps) + (wce)(kce)—which capital structure should be selected ( the company ‘s target structure or The intersection of the investment opportunity schedule with the marginal cost of capital curve identifies the optimal capital budget)
5 the calculation of kps—DDM model( perpetual DDM model),the calculation of Kd( YTM Method,and Debt rating Method, the calculation of Kcs( CAPM model, DDM model, bond yield plus risk premium)
6 the transfer from asset beta to equity(project beta) though public companies
7 the calculation of country risk premium
8 the key risk that a firm may face( Business risk and financial risk)
9 measuring the business risk( DOL)\ financial risk( DFL)\total risk(DOT), understanding the implications of them respectively.
10 the calculation Breakeven Quantity of Sales
11 share repurchase vs dividen(cash dividend+ stock dividend)——effect+ motivation+method
12 working capital management (Containing the key ratios: liquidity ratios+Sources of Short-term Funding)
13 Cash flow management——main resource+ key yields+ source of shout-term investments)
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14 Account receivable management--Weighted Average Collection Period (DOS+ receivable turnover)
15 inventory management( just in time method+ DOH+ Inventory turnover ratio)
15 Corporate governance (definition + what is a good corporate governance+Factors Affecting Corporate Governance+ what is a good board)