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Important area of financial management

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Reference no: EM132870840

This week we are discussing Financial Statements and my professor asked the below questions.

Can you help explain what he is asking to me and provide some examples?

  1. Time value of money has a different meaning from a financial perspective- time value of money has a number of components associated with it's meaning. Who can define this topic in broad terms? Specifically, what is the meaning of time value of money?
  2. What ratio analysis is and why is it an important area of financial management? Is ratio analysis limited to financial statements?

Reference no: EM132870840

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