
Gain insight into the importance of financial literacy.
Explore different types of finance and financial mindset.
Explore current and non-current liabilities on the balance sheet, including accounts payable, short-term debt, accrued liabilities, deferred revenue, and long-term debt.
Understand how the income statement, or profit and loss statement, tracks a company’s net profit over a period by detailing revenue, cost of goods sold, depreciation, operating expenses, and taxes.
Complete assignment three by calculating the income statement: revenue 60,000, cost of goods sold 39,500, operating profit 8,500, net profit 6,400, and profit margin 10.67%, including depreciation, rent, and taxes.
Explore how operating activities adjust net income with depreciation and working capital changes, then examine investing and financing activities to determine net cash flow and free cash flow.
Construct a cash flow statement for Harmony tunes by combining net profit, depreciation, capex, and financing activities to derive operating, investing, and financing cash flows and free cash flow.
Explore how financial ratios reveal true company performance beyond revenue, using net profit margin, free cash flow, and the four ratio categories: profitability, liquidity, solvency, and valuation.
Understand liquidity ratios by calculating the current ratio, which is current assets divided by current liabilities, and determine whether assets cover short-term obligations, typically between 1.5 and 3.
Explore solvency ratios and the debt to equity ratio, calculated as total debt divided by shareholders' equity, to assess long-term stability, leverage, and financial risk with simple company examples.
Explore earnings per share and the price-to-earnings ratio to gauge a company's market value. See how the peg ratio accounts for growth and why PE has limitations.
Master the time value of money by calculating future value and present value with interest rates and compounding. Use these tools to evaluate investments, considering inflation and net present value.
Solve practice assignment 6 by calculating future value and present value using factor tables, applying interest and discount rates to determine investment viability.
Apply the payback period by dividing the initial investment by annual cash flow to find when the project recovers cost. Convert fractions to months and compare viability across investments.
Use the retirement corpus calculator and future value factor to estimate the retirement corpus and income with 3% inflation over 10 years, empowering retirement planning and financial freedom.
Q & A
Why should I learn Finance?
Money is very important part of our lives, weather we are studying, working, running a business or even retired. Money govern the choices we make and has the power to transform the way we behave and think.
And that's the reason, it makes it mandatory for anyone to learn Finance. Because Finance in simple words is the Study of Money. If you want to Elevate your career, business, and future, it is important to learn Essential Financial Skills and how to make sound financial decisions.
I have no Finance background, how can i learn finance?
That's the reason I have created this course, so that Anyone can Learn Finance. Our course is specially designed to help you grasp money matters in a simple, easy-to-understand way. You'll gain essential financial skills that will not only elevate your career and business but also secure your financial future.
What will I learn in this course?
In 'Section 1,' you'll explore fundamental finance concepts, from personal to corporate finance, empowering you to make sound financial decisions.
In 'Section 2,' you'll master interpreting and creating financial statements, analyzing balance sheets, income statements, and cash flow statements like a pro.
In 'Section 3,' you'll analyze financial ratios, enabling you to evaluate and compare company performance, sharpening your ability to make informed investment decisions.
Finally, in 'Section 4,' you'll apply financial concepts to make sound investment and retirement plans, securing your financial future. Which will include important concepts and learning about Time Value of Money, Doubling Period, Payback Period and others.
What all is included in this course?
Complete the course in just a few hours
Enjoy close to 2 hours of high-quality videos
Each video is tailored to teach the most important financial topics efficiently
Access 30+ high-quality lectures
Engage with 7 assignments that you will do yourself
We analyze and discuss each assignment to ensure you develop a deeper understanding
Receive resources like Retirement Corpus Calculator, Net Worth Calculator, and Factor Tables to evaluate all your investments
Access the entire course presentation in PDF for easy studying
Benefit from a 30-day Udemy money-back guarantee
With practical examples, hands-on assignments, and expert guidance, this course makes finance accessible and engaging for everyone. Whether you're a professional looking to enhance your financial literacy or an entrepreneur aiming to improve financial management skills, this course is your gateway to financial success.
Join me now, and let's make finance simple and accessible for everyone.
Enroll today and take the first step towards financial mastery! See you in class!