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    Moodle is an open-source Learning Management System (LMS) that provides educators with the tools and features to create and manage online courses. It allows educators to organize course materials, create quizzes and assignments, host discussion forums, and track student progress. Moodle is highly flexible and can be customized to meet the specific needs of different institutions and learning environments.

    Moodle supports both synchronous and asynchronous learning environments, enabling educators to host live webinars, video conferences, and chat sessions, as well as providing a variety of tools that support self-paced learning, including videos, interactive quizzes, and discussion forums. The platform also integrates with other tools and systems, such as Google Apps and plagiarism detection software, to provide a seamless learning experience.

    Moodle is widely used in educational institutions, including universities, K-12 schools, and corporate training programs. It is well-suited to online and blended learning environments and distance education programs. Additionally, Moodle's accessibility features make it a popular choice for learners with disabilities, ensuring that courses are inclusive and accessible to all learners.

    The Moodle community is an active group of users, developers, and educators who contribute to the platform's development and improvement. The community provides support, resources, and documentation for users, as well as a forum for sharing ideas and best practices. Moodle releases regular updates and improvements, ensuring that the platform remains up-to-date with the latest technologies and best practices.

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Available courses

Introduction

Finance
• Finance is a broad term that is used regarding the management, creation, and study
of money and investment
◦ Public Finance – study of tax systems, government expenditures, budget procedures, and government debt
◦ Personal Finance – individual and household budgeting, mortgage planning,
savings, and retirement planning
◦ Corporate Finance – Managing assets, liabilities, revenues, and debt
• This course will focus mostly on topics in corporate finance, but will touch on some
extensions to personal finance
1.1 What is Finance?
• Economics tells us the goal of a firm is to maximize profits
◦ How do firms measure these profits?
– We will look at different metrics to evaluate profits
◦ How do firms account for risk?
– We will discuss how firms evaluate risk in decision making
◦ How do firms compare money they will receive today compared to money they
will get in the future?
• How do managers and investors evaluate the success of a company?
◦ This is not as simple as just looking at profit

Finance
• Finance uses the information accounting provides to determine the impact of managerial decisions on the market value of a company and the wealth of the owners
• Finance provides the skills managers need to:
◦ Identify and select the corporate strategies and individual projects that add value
to their firm
◦ Forecast the funding requirements of their company and devise strategies for acquiring those funds
• Finance evaluates a companies ability to generate cash
◦ Amount of expect cash flows (bigger is better)
◦ Timing of the cash flow stream (sooner is better)
◦ Risk of the cash flows (less risk is better)

Types of Businesses
 Proprietorship
• This is an incorporated business owned by one person.
• Easy to start, must obtain a license form the city and/or state
• Advantages
◦ Easy and cheap to form
◦ Subject to few government regulations
◦ Taxed as personal income instead of corporate income

Disadvantages

Hard to obtain capital to expand operations
◦ Owner has unlimited liability for business debts
– Can lose house, car, etc. in bankruptcy
◦ Limited to the lifespan of the owners
• 80% of all US companies are proprietorships
• They only make up 13% of total sales in the US

 Partnership
• Some companies start with multiple owners
• Some proprietorships add more people over time
• Partnership agreements define the ways in which profits and losses are shared between
partners
• Partnerships can be very risky, so partners often try to limit the liability
• Limited Liability Partnership (LLP)
◦ At least one partner is the general partner that has operational and financial
control
– Maintains unlimited liability
◦ Limited partners typically only contribute capital and have limited liability
◦ Partners are responsible for their own actions, but are not responsible for actions
of other partners
◦ Often seen in firms that offer professional services (accounting and law firms)
• Limited Liability Company (LLC)
◦ A form of partnership where liability for general partners does not extend past
the assets of the business
– Partners may not have to lose personal assets due to cover business losses

Corporations
• Partnerships and proprietorships often have difficulty raising lots of capital
• This makes it difficult to raise money to take advantage of new opportunities
• A corporation is a legal entity that is created under state laws that is separate from
its owners and managers
  Advantages

Unlimited lifespan
◦ Can easily transfer ownership
– Ownership interests are divided into shares of stock, which can be easily
transferred
◦ Liability is limited only to funds invested
• Disadvantages
◦ Complex and expensive to form
◦ Subject to corporate tax rates
◦ High level of regulatory oversight
– Must have charter, bylaws, and file many state and federal reports