scholarly journals Improving Pedagogy Through The Use Of Dynamic Excel Presentations In Financial Management Courses

2010 ◽  
Vol 3 (1) ◽  
pp. 91-106
Author(s):  
George A. Mangiero ◽  
John Manley ◽  
J. T. Mollica
Keyword(s):  
Capital Structure ◽  
Financial Management ◽  
Initial Conditions ◽  
Time Span ◽  
Excessive Amount ◽  
Financial Problems ◽  
Single Class ◽  
Time Value Of Money ◽  
Time Value ◽  
Value Of Money

This paper discusses and illustrates the use of dynamic Excel presentations to improve learning in Financial Management courses.  Through the use of such presentations, multiple and varied examples of important principles in Financial Management, which would ordinarily take an excessive amount of time to cover, can be considered within the time span of a single class.  Two applications of these techniques are presented in this paper: (1) Time Value of Money -- Classic Retirement Annuity analysis and (2) Capital Structure Decisions -- EBIT-EPS Analysis.  By using these Excel techniques to cover multiple examples under different initial conditions and assumptions, the authors contend that students gain a broader understanding of these financial problems and their solutions, than would otherwise be possible.

Finance

2021 ◽  
pp. 305-350
Keyword(s):  
Interest Rates ◽  
Financial Management ◽  
Financial Analysis ◽  
Time Value Of Money ◽  
Advantages And Disadvantages ◽  
Time Value ◽  
Tools And Techniques ◽  
Relationship Of ◽  
The Relationship ◽  
Value Of Money

This chapter deals with the principles of finance as applied in the foodservice industry. It discusses the concept of revenue management, financial analysis and reporting, financial control, principles of budgeting, and forecasting. Specifically, it discusses finance in general and of the financial system and the meaning and application of financial management. It introduces the basics of the advantages and disadvantages of the different types of organizations. The important topics presented are the relationship of finance to other business disciplines, basic financial information in decision-making, understand financial statements, and financial ratios. It applies several analysis tools and techniques to learn about the time value of money, interest, and interest rates.

scholarly journals The Time Value of Money: A Clarifying and Simplifying Approach

2004 ◽  
Vol 1 (7) ◽  
Author(s):  
Norman D. Gardner
Keyword(s):  
Capital Structure ◽  
Business Students ◽  
Capital Budgeting ◽  
Working Capital ◽  
Working Capital Management ◽  
Time Value Of Money ◽  
Time Value ◽  
Value Of Money ◽  
Real Assets ◽  
Multiple Step

The concept of time value of money is critical for business students, financial managers, and anyone who deals with money.  Financial managers must be able to employ TVM concepts competently in order to value both financial and real assets as they make decisions regarding capital budgeting, capital structure, and working capital management. Therefore business students must come to understand and apply correctly time value of money concepts.   This brief note suggests a clarification and a simplification of the pedagogy of TVM, which will result in greater understanding for the student.  These suggestions include redefining the variable "n" in two of the TVM equations; dispensing with the pointless and purely semantic discussion of whether payments occur "at the beginning" or "at the end" of each period; and emphasizing the use of multiple-step problems.     

The Time Value of Money Concept in Islamic Finance

2006 ◽  
Vol 23 (1) ◽  
pp. 66-89
Author(s):  
Abu Umar Faruq Ahmad ◽  
M. Kabir Hassan
Keyword(s):  
Basic Element ◽  
Islamic Finance ◽  
Purchasing Power ◽  
Conventional Theory ◽  
Modus Operandi ◽  
Time Value Of Money ◽  
Time Value ◽  
Value Of Money ◽  
Future Date ◽  
Rule Out

The time value of money is a basic investment concept and a basic element in the conventional theory of finance. The Shari`ah does not rule out this consideration, for it does not prohibit any increment in a loan given to cover the price of a commodity in any sale contract to be paid at a future date. What is prohibited, however, is making money’s time value an element of any lending relationship that considers it to have a predetermined value. Here, the Shari`ah requires that a loan be due in the same currency in which it was given. The value (i.e., purchasing power) of paper currencies varies due to changes in many variables over which the two parties of a loan contract usually have no control. This study examines possible modus operandi of time valuation according to the Shari`ah’s precepts vis-à-vis the concept of money, and whether any value can be attributed to time while considering money’s value. For this purpose, it investigates the juristic views on such relevant issues as the permissibility of difference between a commodity’s cash and credit prices and an increase and reduction of the loan’s amount in return for early repayment.

How Time Value of Money Topics are Taught in Intermediate Accounting Classes

2005 ◽  
Author(s):  
Sheldon R. Smith ◽  
Steve D. Johnson ◽  
Rick T. Henage
Keyword(s):  
Time Value Of Money ◽  
Time Value ◽  
Value Of Money
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