融资融券保证金比例调整是什么意思

Extracts:Following our country's rapid economic development,the nation's capital demand and supply are showing more and more contradictory every day,being dubbed as "underground banks" and "loan sharks" kind of unpleasant names,which non-governmental financial activities are becoming increasingly active.Its fast expanding scale had already become our country's medium and small company and the "Three Rural Issues" economy's main channel of obtaining construction capital and current funds,as a dissociated finance between the nation's formal financial system.Non-governmental financial activities have positioned themselves as the nation’s regular financial supports.However,at the same of being the regular financial supports but due to lack of effective supervision and guidance,non-governmental financial activities have a series of negative effect.Therefore,we should research more and understand more about the Non-governmental financing problems,and work harder to standardise them,guide them to a healthier growth.Let them play an useful and active part to help building our economy.This article is looking into an individual case of non-governmental finance of Erdos City in Inner Mongolia,analysis their reason of current active non-governmental financial developments through discussion of Erdos City's non-governmental financial situation and its existing problem.And how to guide this non-governmental finance into a reasonable and appropriate development and put forward a series of countermeasures.

主要考虑三种方式的损失多少,
A、现金折扣最大为2/10
即：440万*2%=8.8万元
B、15%利率支出：
借500万，我们还按440万算：440万*0.15=66万
（此处题目没有考虑此利率是否为年利率；假款期限是多长，我以年利率假设1年期计算）
C、470万商业票据，收净值440万，产生30万损失。

三种方式比较，A方式损失最少。

This paper from sources within and outside financing source of financing for SMEs,the status of the financing difficulties of the current situation described,which foreign financing mainly from the di...

The deposit reserve rate changes on the analysis of the influence of the stock index
The stock market as an important part of the financial market, not only bear the financing and resource allocation of capital media function, as well as the economic development of China "barometer" plays economic forecasting value and the function of the find. In the stock price effects of the many factors, the deposit reserve rate adjust biggest influence to the stock price. The deposit reserve rate adjustment to the stock price effects, to play to China's monetary policy effect, the development of the stock market, and promote the currency market and the capital market the benign interaction has the important practical significance.

A

我的答案如下：
这种问题先要把基本数据算出来,根据题意,负债总额为250*45%=112.5,其中融资租赁250*20%=50,长期借款250*25%=62.5；所有者权益总额=250-112.5=137.5,其中优先股股利250*5%=12.5.
（1）经营杠杆系数DOL=(EBIT+F)/EBIT EBIT=320*(1-60%)-48=60
即DOL=(60+48)/60=1.8
财务杠杆系数DFL=EBIT/(EBIT-I-D/(1-T)) I=62.5*14%+50*10%=13.75 D=12.5*12%=1.5
即DFL=60/（60-(13.75+1.5/(1-40%))）=1.37(约等于)
（2）本问的实际是求总杠杆系数DTL,但因为销售收入有变动,对应着息税前利润EBIT也要变化,因而需要重新计算.
DTL=（EBIT+F）/(EBIT-I) F和I都不变,EBIT=320*（1+20%）*（1-60%）-48=105.6
即DTL=(105.6+48)/(105.6-(13.75+1.5/(1-40%))=1.72(约等于)
我是学工商管理的,也很好奇这道题的答案.不管对错麻烦您把正确答案告诉我,

比如杠杆比例是2:1,就是说劣后资金是10的情况下,融资金额为20,也即优先级资金为20,再以合计30的资金投资于某个项目,优先级收益和劣后级收益是各自与劣后资金方和优先级资金方约定的收益率,通常以优先级资金实现收益优先分配,劣后级资金须等优先级分配后再予以分配收益,此处收益率无法根据已知条件给出.

The rural financial service system is the financial service system of organic component.
And the connotation of the financial service system refers to the sum total of the financing relationship,it including financing body,financial institutions system,and the financing channels,financing way,capital formation mechanism and related price of the rule of law,policy and macro-control mechanism.
The rural financial service system to adapt to the needs of the development of rural economic stability,can fully reflect the particularity of the rural financial helpful to the country,to the agricultural economy to protect,support,development of the three levels of the realization of the goal.
Establishing a rural financial service system of basic principle is:will the rural financial service system construction and perfect and set up the rural market system,and the combination of and national economic development strategy and basic industry policy,and the combination of the improvement of the credit capital supply of working capital,to improve farmers' ability and the demand.
The rural financial development,in relation to the new rural construction is able to smoothly.
This paper discusses the development of rural financial system and current situation of basic evaluation,emphasis on current the most is the main issue in rural financial market the demand and supply of money supply,structure,varieties,the reform of the imbalance in the key is to speed up the rural financial system reform,rational division of DuoYuan construction investment,perfect function,the service efficiency of rural financial organization system,improve the financial institutions in the country; coverage
The development of rural financial services organizations,regulating the folk lending;
Expand loan amount,and increase the support strength;
Perfect loan guarantee system,enlarge the scope of loans;
Innovative financial products,improve the financial service quality.
And the associated with many problems of set theory system.
Key words:the rural financial system financial needs of rural economic development financial structure

估值倍数是 融资金额/X+融资金额=25%算出来的 求X=3

　　A
　　答案:A
　　解析:最低租赁收款额＝100×7＋50＋20＋30＝800万元.
　　某项融资租赁合同,租赁期为7年,每年年末支付租金100万元,承租人担保的资金余值为50万元,与承租人有关的A公司担保余值为20万元,租赁期间,履约成本共50万元,或有租金20万元.独立于承租人和出租人,但在财务上有能力担保的第三方担保的资产余值为30万元,未担保余值为10万元.就出租人而言,最低租赁收款额为（ ）万元
　　解析:最低租赁收款额＝100×7＋50＋20＋30＝800万元.
　　15、某项融资租赁合同,租赁期为8年,每年年末支付租金100万元,承租人担保的资产余值为50万元,与承租人有关的A公司担保余值为20万元,租赁期间,履约成本共50万元,或有租金20万元.独立于承租人和出租人、但在财务上有能力担保的第三方担保的资产余值为30万元,未担保余值为10万元.就出租人而言,最低租赁收款额为（ ）万元.
　　A、900 B、2200 C、880 D、450
　　答案:A
　　解析:最低租赁收款额＝100×8＋50＋20＋30＝900万元.
　　会计学中：经营租赁和融资租赁有什么区别?
　　会计学中：经营租赁和融资租赁有什么区别?
　　融资租赁,是指实质上转移了与资产所有权有关的全部风险和报酬的租赁.其所有权最终有可能转移,也可能不转移.
　　符合下列义项或数项标准的,应当认定为融资租赁：
　　1、在租赁期届满时,租赁资产的所有权转移给承租人.
　　2、承租人有购买租赁资产的选择权,所订立的购买价款预计远低于行使选择权是租赁资产的公允价值,因而在租赁开始日就可以合理确定承租人将会行使这种选择权.
　　3、即使资产的所有权不转移,但租赁期占租赁资产使用寿命的大部分.
　　4、承租人在租赁开始日的最低租赁付款额限制,几乎相当于租赁开始日租赁资产公允价值；出租人在租赁开始日的最低租赁收款额现值,几乎相当于租赁开始日承租资产公允价值.
　　5、租赁资产性质特殊,如果不做较大改造,只有承租人才能使用.
　　最低租赁付款额,是指在租赁期内,承租人应支付或可能被要求支付的款项（不包括或有租金和履约成本）,加上由承租人或与其有关的第三方担保的资产余额.
　　承租人有购买租赁资产选择权,所订立的购买价款预计将远低于行使选择权是租赁资产的公允价值,因而在租赁开始日就可以合理确定承租人将会行使这种选择权的,购买价款应当计入最低租赁付款额.
　　或有租金,指金额不固定、以时间长短以外的其他因素（如销售量、使用量、物价指数等）为依据计算的租金.
　　履约成本,指租赁期内为租赁资产支付的各种使用费用,如技术咨询和服务费、人员培训费、维修费、保险费等.
　　最低租赁收款额,指最低租赁付款额加上独立于承租人和出租人的第三方对出租人担保的资产余额.
　　经营租赁者只是租用别人的资产,定期赴租赁费,就像我们租别人的房子只需要付租金一样.资产的保养、维护都归出租方,因为他们才是资产的主人.
　　融资租赁者却是由于种种原因无法一次性支付购买资产的费用.于是向出租方提出融资请求,先将资产拿来用,在约定的租赁期内分期支付资产的价款.对出租方来说,他相当于提供了给承租方一笔贷款,不过贷款的形式是资产形态,在每一个收租的日子收取的租金包括两个部分：资产的本金、出租方垫付资产本金而要求的利息.融资租赁实质上是一种融资行为.好像我们向银行按揭贷款买房子一样,我们是承租方,银行是出租方,房子就是租赁资产.
　　融资租赁,是指实质上转移了与资产所有权有关的全部风险和报酬的租赁.其所有权最终有可能转移,也可能不转移.
　　符合下列义项或数项标准的,应当认定为融资租赁：
　　1、在租赁期届满时,租赁资产的所有权转移给承租人.
　　2、承租人有购买租赁资产的选择权,所订立的购买价款预计远低于行使选择权是租赁资产的公允价值,因而在租赁开始日就可以合理确定承租人将会行使这种选择权.
　　3、即使资产的所有权不转移,但租赁期占租赁资产使用寿命的大部分.
　　4、承租人在租赁开始日的最低租赁付款额限制,几乎相当于租赁开始日租赁资产公允价值；出租人在租赁开始日的最低租赁收款额现值,几乎相当于租赁开始日承租资产公允价值.
　　5、租赁资产性质特殊,如果不做较大改造,只有承租人才能使用.
　　最低租赁付款额,是指在租赁期内,承租人应支付或可能被要求支付的款项（不包括或有租金和履约成本）,加上由承租人或与其有关的第三方担保的资产余额.
　　承租人有购买租赁资产选择权,所订立的购买价款预计将远低于行使选择权是租赁资产的公允价值,因而在租赁开始日就可以合理确定承租人将会行使这种选择权的,购买价款应当计入最低租赁付款额.
　　或有租金,指金额不固定、以时间长短以外的其他因素（如销售量、使用量、物价指数等）为依据计算的租金.
　　履约成本,指租赁期内为租赁资产支付的各种使用费用,如技术咨询和服务费、人员培训费、维修费、保险费等.
　　最低租赁收款额,指最低租赁付款额加上独立于承租人和出租人的第三方对出租人担保的资产余额.
　　经营租赁者只是租用别人的资产,定期付租赁费,就像我们租别人的房子只需要付租金一样.资产的保养、维护都归出租方,因为他们才是资产的主人.
　　融资租赁者却是由于种种原因无法一次性支付购买资产的费用.于是向出租方提出融资请求,先将资产拿来用,在约定的租赁期内分期支付资产的价款.对出租方来说,他相当于提供了给承租方一笔贷款,不过贷款的形式是资产形态,在每一个收租的日子收取的租金包括两个部分：资产的本金、出租方垫付资产本金而要求的利息.融资租赁实质上是一种融资行为.好像我们向银行按揭贷款买房子一样,我们是承租方,银行是出租方,房子就是租赁资产.
　　主要区别在于与租赁资产所有权有关的主要风险和报酬是否转移.
　　融资租赁是与租赁资产所有权有关的主要风险和报酬转移给承租人的一种租赁
　　而经营租赁则是与租赁资产所有权有关的主要风险和报酬未转移给承租人的一种租赁
　　此外,融资租赁租赁期长,基本涵盖其使用年限；而经营租赁租赁期则较短等【债务重组过程中债务人、债权人发生的相关税费的处理】
　　为什么最低租赁付款额中不可能同时包含担保余值和优惠购买价?
　　(不包括或有租金和履约成本),加上由
　　承租人或第三方担保的资产余值
　　；如果承租人有购买租赁资产的选择权,且购买价格特别优惠,租赁开始日就可以合理确定承租人必定会行使这种购买权,则
　　担保余值,就承租人而言,是指由承租人或与其有关的第三方担保的资产余值.在租赁合同中
　　没有规定优惠购买选择权的情况下,构成
　　承租人最低租赁付款额的一项内容.因为承租人没有优惠购买选择权,所以承租人应保证租赁期满时出租人收回这部分资产余值.这里所指的“第三方”是指与承租人有关的第三方,即在业务经营或财务上与承租人有关的各方,如母公司、子公司、联营企业、合营企业、主要原料供应商、主要产品承销商、租赁资产出售方等.
　　就出租人而言,担保余值是指就承租人而言的担保余值加上独立于承租人和出租人、但在财务上有能力担保的第三方担保的资产余值.这里的“第三方”相当于中介担保人,是指与承租人和出租人均无关,但在财务上有能力担保的各方,如担保公司,财产保险公司等.
　　为了维护出租方的经济利益,如防止承租方过度使用资产等,出租方在出租资产时要求承租方对融资租入资产到期时的资产余值提供担保.因此产生了担保余值和未担保余值两个概念.
　　担保余值的设置,是出租人为了束缚承租人、保障自己利益而限定的一个条款.如果没有限制条款,承租人过渡使用租赁资产,那么租赁期满后租赁资产的账面价值可能达不到其余值,这样出租人就吃亏了,所以在合同中规定这样的条款.
　　比如,假设出租人要求承租人对资产余值进行担保,担保金额为10万元,而租赁期满资产余值只有5万元,那么说明承租人过度使用资产而使资产损耗过大,此时出租人有权要求承租人支付差额5万元,所以这个担保余值应计入承租人的最低租赁付款额.
　　如果承租人有购买租赁资产的选择权,且购买价格特别优惠,租赁开始日就可以合理确定承租人必定会行使这种购买权,不出意外租赁期结束租赁资产的所有权属于承租人,即使使用过渡账面价值过低损失也由承租人自己承担,这种情况下出租人就不会在合同中要求承租人对资产余值进行担保了,故
　　债务人在转让非现金资产的过程中发生的一些税费,以及债权人发生的运杂费、保险费等,如何处理?
　　债务人在转让非现金资产的过程中发生的一些税费,如资产评估费、运杂费等,直接计入转让资产损益.债权人为受让资产发生的运杂费、保险费等,应计入相关受让资产的价值.

融资顺序理论是Mayers( 1984)提出的.该理论认为,投资者之所以对企业的资本结构感兴趣,实际上是因为当企业公布其选定的资本结构时,股票的价格就会产生变化.这种变化可解释为“信息效应”,它与如何达到这个资本结构本身没有关系.这是因为,企业负债水平的变动向市场传递了一个有关企业价值变化的信号.当企业增加债务减少权益时,意味着企业借债能力提高,企业价值增加,市场接受到这个好消息,股票价格就会上升;反之亦反.M yers的融资顺序理论包括三个基本点:
　　1.企业将以各种借口避免通过发行普通股或其他风险证券来取得对投资项目的融资.
　　2.为使内部融资能满足达到正常权益投资收益率的投资需要,企业必然要确定一个目标股利比率.
　　3.在确保安全的前提下,企业才会计划通过向外融资以解决其部分资金需要,而且会从发行风险较低的证券开始.融资顺序理论的两个中心思想是:企业偏好内部融资;如果需要外部融资,则偏好债务融资.

C

本题考察了考生对词汇量的掌握程度。A中娇健应为矫健，B中拾人牙惠中的惠应改为慧，D中磬竹难书中的磬应为罄。

企业融资是指企业从自身生产经营现状及资金运用情况出发,根据企业未来经营与发展策略的需要,通过一定的渠道和方式,利用内部积累或向企业的投资者及债权人筹集生产经营所需资金的一种经济活动.也就是公司根据自身的生...

我补充 [×（1＋10%）是表示什么意思?] 12776×（F/A,10%,5）相当于到第四年末的终值,再×（1＋10%）得到第五年末的终值.

Question 1：
300,000 *(1 + 0.07）^X =600,000
X =log2(1.07)
X =10.24477
Question 2:
300,000 *(1 + 0.07）^3= 367,512.9
increased rate y=(367,512.9-300,000)/300,000=22.5%
so 22.5%

Business financing is an enterprise's fund raising behavior and process.Organizations use all kinds of way to financial institutions,financial intermediary institutions or other organizations or individuals to fund a business activity.Different financing channels,RongZiFang amount,financing way,will affect enterprise financing cost and financial risk.Therefore,in financing process,enterprise should according to their own development strategy decided to its financing strategy,and then choose to suit their own the best capital structure and financing way and guard against financial risks.
This paper from four aspects firstly from the commercial financing problems of theory,the design of the related concepts,theoretical basis and the applicable range are discussed.This article from second to equity financing,on the basis of the super cable co.,LTD.Company's balance sheet and income statement,the cash flow statement,the equity financing are studied and discussed.Understand equity financing in enterprise's practical application,and to sum up the advantages and disadvantages,and understand the risk.According to an understanding of business financing.

企业融资是指企业从自身生产经营现状及资金运用情况出发,根据企业未来经营与发展策略的需要,通过一定的渠道和方式,利用内部积累或向企业的投资者及债权人筹集生产经营所需资金的一种经济活动.
也就是公司根据自身的生产经营状况、资金拥有的状况,以及公司未来经营发展的需要,通过科学的预测和决策,采用一定的方式,从一定的渠道向公司的投资者和债权人去筹集资金,组织资金的供应,以保证公司正常生产需要,经营管理活动需要的理财行为.

Abstract:According to the calligraphy stroke food order principle,when the enterprise carries on financing,first considered the use interior the earnings,next use bond financing,finally only then considers stockholder's rights financing.But this article through went on the market the company to China and the privately operated enterprise acts according to the different financing way which own different structure used to conduct the research,obtained our country enterprise the financing choice existence emphatically to finance,heavy stock market financing neglects to the investor the repayment deviation,counteracted to the calligraphy stroke food order,needed from aspect and so on stockholder's rights division,stock market system construction,dividend assignment,supervising and managing and punishment,internal management begins to rectify.
Key word:The calligraphy stroke food order goes on the market the company privately operated enterprise financing way financing choice

这里有理财计算器

B

无

A

(B．靡——迷；C．既一一即； D．兔——勉)

金融租赁是融资租赁的一种.
金融租赁公司经营金融租赁,属于银监会监督与审批.
融资租赁包括金融租赁和一般融资租赁.一般融资租赁公司为商务部或本地商务局审批.监管不是特别严格.两者之间没有本质区别,只是监管机构不同.

Abstract In a market economy conditions, with the higher development of university financing has become an integral part of college construction, financing activities and face accounting of the uncertainty factors and the possibility of losses We encounter risks in the enterprise before the financial situation worsens, the establishment of financial security for early diagnosis of early warning system of crisis, it may effectively prevent and defuse the crisis.
Financial risk through the meaning and characteristics of the rational understanding of the causes of financial risk analysis of the proposed financial risk prevention and control measures: (1) enhance their adaptability and resilience; (2) increase the risk of financial staff and quality awareness ; (3) enterprise financial management responsibilities, rights and interests of unity; (4) establishing a sound and effective financial risk control mechanisms; (5) with a reasonable financial risk management methods to minimize financial risk.
This identification of the financial crisis and ways to build financial security early warning system and monitoring and security operations to prevent and defuse financial risks to make a brief discussion.
Key words: financial risk; financial security; early warning mechanisms; non-profit organizations; Prevention

主要是从风险和成本的角度来考虑.
小公司由于资产规模小,风险大,采取其他融资方法带来的成本高于其留存利润的成本；大公司由于信用水平较高,可以采用实现的较低的融资成本.

Interest Rate refers to financial institutions operating in the money market interest rate financing.It is determined by market forces,including the interest rate decision,the interest rate transmission,management of interest rate structure and interest rate market.With economic globalization and the expansion of international capital flows,interest rate market has become the inevitable trend of development.China is in response to this situation,the open interest rate market,the implementation of market-oriented interest rate reform.Our process of marketization of interest rates in general since 1996,particularly in January 2007 Shanghai Interbank Offered Rate (Shibor) formally launched operation,the Chinese interest rate market out of the way this landmark step.One of the key interest rate market exists in the deposit and loan market,whereas in this area,our country is still to take control measures.China's financial sector is currently implementing market-oriented interest rate reform,bear the brunt of the impact of this reform initiative as a direct and major role in the object's commercial banks.As one of the biggest commercial banks - Industrial and Commercial Bank,not only in the efficiency,management,innovation and service,is facing a severe test,but also respond to interest rate market caused by the external financial environment brought about the risks and business caused by the House inherent risk.In this regard,the state commercial banks should provide policy and regulatory protection; while ICBC can also optimize the capital structure,the development of quality assets,the establishment of deposit and loan management system,the development of intermediary business,and improve the management level and other aspects,a rainy day,make early preparations to respond to fluctuations in market interest rates.
关键词:interest rate market; deposit and loan interest rate market; Industrial and Commercial Bank; credit risk

OK!不用方程给你解一个.
1.一年期的9%,两年收益为18%;两年期的为12%,两年收益为24%.
2.明显看出两年期的收益比较高,18%小于24%.
3.各投1000元,收益为180+240=420元.小于450元,所以投资两年期的稍微多一点,收益差30元.
4.可以看出两年期比一年期的100元差异6元,总共差30元,所以两者各差500元.口算500和1500
5.检验500*18%=90元；1500*24%=360元,合计450元.

financing融资

外文文献有,翻译没有,翻译得靠你自己了,如果需要直接百度Hi中留言同时贴出问题的链接地址和邮箱地址即可,希望能满足你的需要,并请及时知道评价,多多给点悬赏分吧,急用的话请多选赏点分吧,这样更多的知友才会及时帮到你,我找到也是很花时间的,并请及时采纳

小题1:C
小题2:D
小题3:A
小题4:B

略

C

A．发生的初始直接费用应计入当期损益

D。已全额计提减值准备的固定资产

There is relatively narrow scope for unlisted stocks to raise fund with pretty small amount,which is suitable for the financing demands of SMEs.Moreover,it's not necessary for unlisted companies to release much of internal information during their fund-raising.This can keep rivals from knowing the confidential information of SMEs.

ADBBA

创新融资方式,通过并购贷款、房地产信托投资基金、股权投资基金和规范发展民间融资等多种形式,拓宽企业融资渠道.
The modernized innovation of financing mode including of M&A Loan (Merge and Acquisition Loan) , REITs (Real Estate Investment Trusts), Equity Investment Fund, regulating the Development of Private Financing and various forms, in order to widening the financing ways for (small and medium sized) enterprises.
注:small and medium sized 为中小型的,如不需要请删除

During the procedure for examination of this program,the central bank has found that in the course of the oder-financing there are few question left unhandled,so the evaluation department hope that your company can solve the problem.Thanks for corporation.
顺便问一句你在银行工作啊?

This article shows a simple analysis of the financing status of SME (small medium enterprise) , pointing out that the major issues below:
1.the single indirect financing of SMEs
2.the lack of direct financing channels
3.imperfect credit system,appropriate laws
4.the lack of security system and the services for SME.
It also analyzes these reasons from the perspectives of policy regime,direct financing and indirect financing .At the same time,it gives us some suggestions on how to to improve SME financing status and broaden their financing channels which solve the financing problems of SMEs in China , accelerate their development and promote the development of China's national economy.
希望对你有帮助!谢谢!

small and medium-sized enterprise financing lease problem discussed in this pape

恒温恒压下,充入惰性气体,压强增大,平衡不移动

X+Y=2000
X*9%+(Y*12%)*2=450
X=200
Y=1800

esulting in raised efficiency of inventory utilization and reduction of financing cost. So the demand of inventory per output decreases sharply. The further study needs more empirical fact and data from proceeding economy.

题缺少条件.
设一年期的为甲,两年期的为乙,设买甲X元,那么乙（2000-X）元,
x×9%+(2000-x)×12%×2=利息
x=?

已经为你翻译了.

Research of financing issues for Medium and Small-sized Enterprises on HeiLongJiang Province.

Debt financing is refers to the enterprise financing mode of operation through bank loans,commercial credit and the issuance of bonds.Impact on the financial effect of debt financing on corporate has two sides,make good use of it,could bring more profit for the enterprise,the use of bad,it will bring losses to enterprises,therefore,must be reasonable transport debt financing and financial effect,the establishment of the best capital structure,brings to the enterprise as much as.Analysis and Research on the financial effect of debt financing,discussed an enterprise to use the positive financial effect,debt financing and the optimal capital structure of the countermeasure and suggestion to establish measures to guard against financial risks and enterprise.

楼上的好雷 人家是求英文翻译.

融,就是“借”的意思.
融资=借资,借钱.借钱干嘛呢?当然是买股票.所以融资表示的就是问证券所借钱炒股.
融券=借券,借股票.姐股票干嘛呢?当然是为了把股票卖出去.所以融券是卖空股票的意思,你先问券商把股票借给你,你把它卖掉,然后等股票跌了,你在买了还给券商.
和期货没直接联系,但是期货也都是融资融券的模式操作,也就是放杠杆的意思.

Financing and Securities Lending

How to use the financial market to meet the capital demand of the production and operation of our company at a relatively low cost? How to increase the return of temporarily idle funds through financial investment? Answers to these questions lie in the study of financing cash flow and financial investment cash flow, as well as the specific aspects of those cash flows. The answers also lie in the risk management derived from the financial operation of the company. These problems motivate me to come back to study in my Alma mater, because they are the bottleneck problems presently encountered by my company.