How you will apply financial management

Assignment Help Managerial Accounting

Reference no: EM133440950

Question: Explain and give three clear examples of how you will apply Financial Management in making future decisions, in your real life, and in situations which can significantly impact your financial future.

1. Make an essay of a "generic" future "lifeline" of a young student containing the following points where good financial decision-making is critical: (a) choice of education and qualification, (b) choice of the market (i.e. industry) and role one will perform in the future (e.g. choice of jobs etc.), (c) purchase of a dwelling.

2. Give a corporate financial example in each points.

3. Clearly state assumptions and decide on the initial investment, decide on time, decide on cash inflows, show the logic you used in choosing discount rates.

Reference no: EM133440950

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