1. In this course, you have expanded your understanding of finance in terms of the applications studied (e.g., weighted average cost of capital, bond and stock valuation, cash conversion cycle, etc.). You have also thought about the ways that financial management fits into the larger managerial framework of an organization. For this part, answer the following questions:
   • How would you integrate knowledge of financial management in your overall assessment of a business's health and in your planning for growth?
   • How will your effectiveness as a manager increase as a result of your stronger understanding of managerial finance?