ࡱ> npm#` 5bjbjmm 4h-1111L1|92h2~2~2~2~2~2~2~2R9T9T9T9T9T9T9$;hm=x9e4~2~2e4e4x9~2~29S5S5S5e4~2~2R9S5e4R9S5S528~8~2\2 u]L1{4 J8R9909R8,=4=~8=~8~2h2JS503<l3~2~2~2x9x9=5~2~2~29e4e4e4e4-11 91Ƶ Business Finance 300 Syllabus-Spring 2008 CONTACT AND CLASS MEETING INFORMATION Instructor: Frank J. Intiso Office: Sage Hall Room 2042 Office Hours: Tues. and Thurs: 12:00 to 1:30 or by appointment Mail Box and e-mail: Sage Hall Room 2142 E-mail: frank.intiso@csuci.edu Class and Room: T-TH 9:00 to 10:15 AM Bell Tower 2505 PREREQUISITES: ACCT 220, MATH 140 or 150 REQUIRED MATERIAL Text Book: Fundamentals of Corporate Finance-Alternate Edition (8th Edition) by Ross, Westerfield and Jordan (McGraw Hill). Other: Business Calculator (IRR & NPV), access to the internet including Blackboard at  HYPERLINK "http://csuci.blackboard.com" http://csuci.blackboard.com, and access to Excel. COURSE DESCRIPTION AND LEARNING OBJECTIVES The course will include lecture, discussion and problem solving. This course is required for the Bachelor of Science in Business and will provide students with basic knowledge and understanding of corporate finance, including how accounting data is used to assist the financial manager in solving business problems. The topics will include short and long-term financial planning, capital budgeting, risk and return, cost of capital, and other topics in corporate finance. Students who successfully complete this course will be able to: Read and analyze financial statements. Develop and document financial objectives and plans. Solve complex, return versus risk, and other financial problems. Assess various investment alternatives and select and rank the various alternatives. Present and defend the analysis related to financial recommendations. GRADING A very important element in the learning process will be class participation and discussion related to the chapters assigned including but not limited to the related problems and assignments. Therefore, it is critical that you have completed the assigned reading and homework prior to class. During the class, students may be called upon to explain chapter topics, answer questions or present solutions to homework. Grades will be determined on a standard percentage scale as follows: A 100-94 B 86-84 C 76-74 D 66-64 A- 93-90 B- 83-80 C- 73-70 D- 63-60 B+ 89-87 C+ 79-77 D+ 69-67 F <60 The points will be earned as follows: Exam 1 100 Exam 2 100 Exam 3 100 Final Exam 100 Quizzes 120 Homework 60 Group Cases 20 Total 600 EXAMINATIONS Students are responsible for all textbook material covered, assigned outside reading, and all material discussed in class. Exams will consist primarily of problems, short answers, and multiple-choice questions. There are not makeup exams. If you miss an exam, you will receive an exam score equal to the average of your two (2) lowest exams. Extra Credit A maximum of 40 extra credit points may be earned. However, there is no assurance that extra credit points will be available. The determination of the availability of extra credit points, if any, will be made after the final exam. In the event extra credit points are awarded, they will be based on some combination of the following: attendance, class participation, homework, quiz results, and other factors. Quizzes Each quiz will be worth ten (10) points each. You will be able to select the twelve (12) highest quizzes and drop the others. However, to receive credit for a quiz you must be in class for the entire period. Quizzes will be given at the beginning of class and if you are late, you will not be able to take the quiz. There will be no make ups given for any missed quiz. Group Cases There will be two case studies to be completed on a group basis. Each case study will be worth ten (10) points each. Additional information will be provided during class. Homework Homework is designed to reinforce concepts from class lecture and the text. Students are expected to complete the chapter assignments listed on the syllabus on the day noted. Together, the class will work through selected homework problems. There will not be time to review all homework assignments in class. If any student needs additional assistance, then they should arrange for office time. You may study and work on homework together, but each individual student must submit homework individually. Students may randomly be chosen to provide their solutions to the class. The homework can consist of both essay type questions as part of the Concepts, Review, and Critical Thinking questions contained at the end of each Chapter and selected problems. Your answer to these Concept questions must be typed and double spaced. Your answers to the selected problems do not need to be typed but must be presented neatly and all work clearly shown. All homework assigned will be collected on the day of the test. Since homework may not be returned, if necessary, make a copy for your records prior to turning in the homework. Each homework package collected on the respective test date will be worth fifteen (15) points. Homework cannot be turned in after the test date. In addition to the homework assigned from the textbook, additional problems, readings, and web-based research may be assigned from time to time. Students need to be prepared to discuss all assignments in class. Participation and Professional Classroom Conduct The classroom is a special environment in which students and faculty come together to promote learning and growth. It is essential to this learning environment that respect for the rights of others seeking to learn, respect for the professionalism of the instructor, and the general goals of academic freedom are maintained. Differences of viewpoint or concerns should be expressed in terms, which are supportive of the learning process, creating an environment in which students and faculty may learn to reason with clarity and compassion, to share themselves without losing their identities, and to develop an understanding of the community in which they live. Student conduct, which disrupts the learning process, shall not be tolerated and may lead to disciplinary action and/or removal from class. All cell phones, pagers, recording devices, iPods, laptop computers, and other communication devices are NOT permitted to be used in class at any time. Academic Integrity In accordance with the CSU Channel Islands policy on academic dishonesty, students in this course who submit work or others as their own (plagiarize), cheat on tests and examinations, help other students cheat or plagiarize, or commit other acts of academic dishonesty will receive appropriate academic penalties, up to and including failing the course. Students with Disabilities Upon identifying themselves to the instructor and the University, students with disabilities will receive reasonable accommodation for learning and evaluation. For more information, contact Dr.Terri Goldstein, Disability Accommodation Coordinator. ALWAYS BRING YOUR TEXTBOOK AND A CALCULATOR TO CLASS!!!!!!!!!!!!!!!!!! Lecture Outline: This schedule is tentative and will be modified whenever developments indicate that a change is desirable. All changes to the syllabus will be announced on Blackboard or in class, or both. At the end of each chapter, there are a series of questions under the Concepts, Review and Critical Thinking Questions. During the course of each lecture some of these concepts will be discussed. Even though not all of these questions will be discussed in class and only a few are listed as specific homework, each student needs to understand these concepts. BUSINESS FINANCE 300-COURSE OUTLINE Tuesday, January 22 Introduction and Review Thursday, January 24 Chapter 1 Concept review questions 1, 3, 6, and 11. Tuesday, January 29 Chapter 2 Questions and problems 5, 11, 12, and 13 Concept review questions 4, 5, and 12. Quiz-Chapter 1 Thursday, January 31 Chapter 3 Questions and problems 3, 4, 11, and 17 Concept review questions 2 and 12 Quiz-Chapter 2 Tuesday, February 5 Chapter 4 Questions and problems #4, 6, and 7 Quiz-Chapter 3 Thursday, February 7 Chapters 19 Questions and problems 4, 6, and 10 Concept review question 3 Quiz-Chapter 4 Tuesday, February 12 Review Session Case Study-Chapter 2-Sunset Boards Thursday, February 14 Test #1-Homework Due Tuesday, February 19 Chapter 5 Questions and problem 2 through 5 Concept Review Questions 2, 3, and 4 Thursday, February 21 Chapter 6 Questions and problems 1, 3, 10, 12, and 13 Quiz-Chapter 5 Tuesday, February 26 Chapter 9 Questions and problems 2, 8, and 10 Concept Review Questions 3, 6, and 7 Quiz-Chapter 6 Thursday, February 28 Chapter 10 Tuesday, March 4 Chapter 10 Questions and problems 2, 9, and 13 Concept Review Questions 1, 2, and 6 Quiz-Chapter 9 Thursday, March 6 Chapter 11 Questions and problems #1, 3, and 4 Concept Review Questions 1, 5 and 6 Quiz-Chapter 10 Tuesday, March 11 Chapter 26 Questions and problems #1 Concept Review Questions 1 and 7 Quiz-Chapter 11 Thursday, March 13 Review Tuesday, March 18 Spring Break-No class Thursday, March 20 Spring Break-No class Tuesday, March 25 Review Case study-Chapter 10-Conch Republic-Part 1 and Chapter 11-Part 2-Question 1 only (Use $330/unit as SP) Thursday, March 27 Test # 2-Homework Due Tuesday, April 1 Chapter 7 Questions and problems 2, 3, and 7 Concept Review Questions 1, 5, and 6 Thursday, April 3 Chapter 8 Questions and problems 2, 3, and 6 Concept Review Questions 1, 2, and 3 Quiz-Chapter 7 Tuesday, April 8 Chapter 18 Questions and problems 4, 5, and 6 Concept Review Questions 2, 4, and 9 Quiz-Chapter 8 Thursday, April 10 Chapter 14 Questions and problems 1, 2 and 3 Concept Review Questions 1, 6, 7 and 9 Quiz-Chapter 18 Tuesday, April 15 Review Thursday, April 17 Test #3-Homework Due Tuesday, April 22 Chapter 15 Questions and problems 7, 11, 12, & 18 Concept Review Questions 1, 2, and 4 Thursday, April 24 Chapter 16 Questions and problems 4, 5, and 8 Concept Review Questions 1, 2, 3, 5, and 6 Quiz-Chapter 15 Tuesday, April 29 Chapter 17 Questions and problems 1, and 4 Concept Review Questions 1, 5, 7, & 10 Quiz-Chapter 16 Thursday, May 1 Chapter 25 Questions and problems 1, 7, and 8 Concept Review Questions 3, 4 and 7 Quiz-Chapter 17 Tuesday, May 6 Chapter 23 Questions and problems #1, 4, and 6 Concept Review Questions 1, 2, and 8 Quiz-Chapter 25 Thursday, May 8 Review Tuesday, May 13 Final Exam 8:00 to 10:00 AM-Homework Due ,@AUWXY~  & 9 A H P c f g o   # P c f h u v    0 > F s þȾͯ hE5 h 5hIhI5H* hI5 hoj5 hb5 h^}r5 hR5 hd|5 hh,5 hk5 h@H5 h|5 h15 h85 h5A,AVWXY8 9 00]0^0gdoj 00]0^0gd$00]0^0a$gd5   v F  Ez & F0]0gd@H & F0]0gdo 00]0^0gd 00]0^0gd0]0gdI 00]0^0gdIs t  CExzTVXYZcLMN".˷ҷҞ h^k5 h)5 hoj5h1hXV5 h*hXV h5 hXV5 h@H5 hU5 hI5 ho5hIhl h*hl h*h h|5h!3nh 0J5jh!3nh 5U h 5jh 5U1VWXYZbcKLM-./UV0^0gd)gdE0^0gdE0^0gdXV 00]0^0gdXV0]0gdXV & F0]0gd@H./<=>-./0<>LMbfs3B)_`abcnop(_a¾¾Ϻغزϩخؔ،hYh{5h{ h|5 hEhE h5 h@H5hS]rhDh^khEh$hYh h$5 h*5hU h*h* h*ht ht5 hS]r5 hU5 h)5 hE57>i/0=>`abcop0^0gd*0^0gdS]r0^0gd)'(op)*01""##g$h$$}%~%%%0^0gd)0^0gdgd0^0gdY0^0gd*gdEa0BC`lnopJWiltu&()|0X"o"q"""#g$$B%F%f%|%}%~%%%%!&&"';'n'ɹѵ줜쩓 h{5 hU5 hoj5 hD5 h$5h@Hhh*5 h5 h*5 h*hYhYhh*5hhE5hh25hhub h*h2h*h^khS]r h*h*h{hYh{52%%%%&&(((+(,(-(.(B(C(`(a(b(w(x((((((0]0gd./ $0]0a$gd./0^0gdoj0^0gd)gd{n'''''(((((*(+(,(-(.(A(B(`(b(v(x(((((((((((()):);)N)O)P)d)f)))))))))))***"*+*,*@*B*F*Z*[*\*m*n************ hwzz5 h$5 h|5 h5 hD5 h25 ho5 h./5 h*5 h{5 hU5 hub5K((();)O)P)e)f)u)))))))*,*A*B*C*D*E*F*[*\*n***0]0gd./******&+'+=+>+++++++++++++,8,,,,,0]0峧ܡ0]0./****+%+&+'+<+>+J+W+Z+n+p+++++++++++++++++++,=,K,a,c,,,,,,,,,,,,--&-'-(-V-X-z-{------------......0.2.A.B.f.l.... hPQ5 hD5 h 5 h5 h5 h|5 hub5 hwzz5 hSu5Sc,r,,,,,,,,-----'-Q-{----------...0]0gd./..1.2.B.a................// /!/"/#/5/6/0]0gd./........// /!/"/#/C/x/y////////////0000/0;0M0f0h0l0q0r0t0u000000000000111 1"1L1O1p1q11111111111111122$2&20232E2G2 h/y5 hiW5 h|5 h5 h5 h&Y5 h 5 hPQ5 hwzz5S6/C/y/////////000H0r0s0t0u0000000011 10]0gd./ 1H1q1111111122%2&2122232F2G2a2b2c2u2v2222220]0gd./G2S2`2c2t2v22222222222233323;3\3]3q3s33333333333333444 4/4H4I4O4U4r4s44444444444455"5$5/525A5C5R5\5_5a5b5o5t5u5x5~55 ho5 h./5 h|5 he5 h/y5 hiW5 h 5 h&Y5 hwzz5 h5 h|5O2223-3]3r3s33333333344 4J4s4444444450]0gd./55#5$5051525B5C5p5q5r5s5t5u5v5w5x5y5z5{5|5}5~555 00]0^0gd 0]0gdo0^0gd|0]0gd./5555hhk5 hk5 h 5555555 00]0^0gd21h:p/ =!"#$% DyK http://csuci.blackboard.comyK Rhttp://csuci.blackboard.com/yX;H,]ą'c@@@ NormalCJ_HaJmH sH tH DA@D Default Paragraph FontRiR  Table Normal4 l4a (k(No List6U@6 k Hyperlink >*B*ph-h,AVWXY89vFEzVWXYZbc  K L M - . / U V  > i / 0 = > `abcop'(op)*01gh}~   + , - . B C ` a b w x !;!O!P!e!f!u!!!!!!!","A"B"C"D"E"F"["\"n""""""""&#'#=#>#X#Y#Z#o#p########$8$L$M$b$c$r$$$$$$$$%%%%%'%Q%{%%%%%%%%%%&&&&1&2&B&a&&&&&&&&&&&&&&&&'' '!'"'#'5'6'C'y'''''''''(((H(r(s(t(u(((((((()) )H)q))))))))**%*&*1*2*3*F*G*a*b*c*u*v********+-+]+r+s+++++++++,, ,J,s,,,,,,,,--#-$-0-1-2-B-C-p-q-r-s-t-u-v-w-x-y-z-{-|-}-~--------0000000000000000000000000000000000000000 0 0 0 0 000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000s .an'*.G255!$&),/2 %(*c,.6/ 12555 "#%'(*+-.0135s-Xt ?M\$ v - +-9*urn:schemas-microsoft-com:office:smarttagsplace=*urn:schemas-microsoft-com:office:smarttags PlaceName=*urn:schemas-microsoft-com:office:smarttags PlaceType L--YZK L b b moq))))****]+q+++s,,,-R-R----2{P%h^`OJQJo(hHh^`OJQJ^Jo(hHoh^`OJQJo(hHhpp^p`OJQJo(hHh@ @ ^@ `OJQJ^Jo(hHoh^`OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHoh^`OJQJo(hH2{P         /.] Y1LQh,./@HGfLMMiW&Yoj^kS]r^}r/ywzzubR{SuD8oXVkbe U$PQId|E||)l2t*@t-`@UnknownGz Times New Roman5Symbol3& z Arial?5 z Courier New;Wingdings"h F F&R&R!r4d--2QHX)?2+California State University Channel Islands.Intiso Oh+'0  ( H T `lt|,91Ƶ.NormalIntiso2Microsoft Office Word@^в@>;L@>;L&՜.+,D՜.+,X hp|  R-' ,91Ƶ Title 8@ _PID_HLINKSAtQOhttp://csuci.blackboard.com/u  !"#$%&'()*+,-./012346789:;<>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\^_`abcdfghijkloRoot Entry F ]LqData 51Table= >WordDocument4hSummaryInformation(]DocumentSummaryInformation8eCompObjq  FMicrosoft Office Word Document MSWordDocWord.Document.89q