Discussion Post #1 Week 1 Jordan M. Hill BUS 650 Managerial Finance Instructor: Dr. Badley April 23, 2020

To be a successful financial manager, once must have a deep understanding of the various aspect of corporate finance. This is imperative so that managers can make informed decisions in order to maximize shareholder wealth, which is the overarching financial goal of a corporation (Byrd, Hickman, & McPherson, 2013). For example, managers must have a grasp on financing options in order to decide the best way to finance a new expansion or product development. Furthermore, managers should be in tune with product markets in order provide customers with the right product and the right price. Finally, managers need to thoroughly understand expected cash flows, the riskiness of those cash...