This course provides an overview of concepts related to the management of capital. The cost associated with capital is rarely reflected on the Income Statement. Accordingly, many financial managers mistakenly think there is no cost of capital. Therefore, one of the first steps in managing capital is to calculate the cost of capital. The course illustrates how cost of capital is calculated as the weighted average of each capital component - long-term debt, common stock, preferred stock, and retained earnings.
Upon completion of the course the student will: Define the uses and purpose of an annuity. Recognize the investment function of an annuity. Discern the difference between an annuity and a retirement plan. Understand the differences between fixed and variable annuities, and the characteristics that distinguish them. Be familiar with settlement/payout options. Identify the benefits associated with annuities.
Management of Capital - Georgia Insurance Department
- Georgia Insurance Department
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- Email Address:
- 716 West Tower,2 Martin Luther King. Jr Drive Floyd Memorial Building
End of Course Instructions
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