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Q. Define Finance Function and discuss its nature and scope
Ans. Meaning of Finance: - Finance is defined as the provision of funds at the time when it is required. The role of funding in business enterprise requires no emphasis. Each enterprise whether big or small requires finance to carry on and expand its operations. Finance embraces the key to all the business activities and a firm's success and in fact its survival is dependent upon how resourcefully it is able to acquire and utilize the funds.
Meaning of Financial Management: - Financial management is a very important and an integral part of business management. It refers to that division of managerial activity which is concerned with planning and controlling of financial resources of the enterprise. It deals with increasing finance for the enterprise and the efficient utilization of such finance.
Definition of Financial Management: - According to Joseph L. Massie 'Financial management is the functioning activity of a business that is responsible for obtaining and effectively utilizing the funds necessary for efficient operations.'
1. Capital Asset Pricing Model and Multinational Corporations Why do some critics say the CAPM model is not appropriate in an international setting? Please explain a way that
Prepare your recommendation on Agarwal Cast Company
What is Capital Asset Pricing Model? Please provide me report on Capital Asset Pricing Model. It is about 2000 words count report on topic Capital Asset Pricing Model.
In convertible bonds, bondholders get a right to convert their bonds for a specific number of shares of the bond issuer. This privilege allows bondholders to take
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The Beta Corporation has an optimal debt ratio of 40%. Its cost of equity capital is 12% and its before-tax borrowing rate is 8%. Given a marginal tax rate of 35%, calculate (
Duration is often referred to as the approximate percentage change in the price for a 1% change in rates. Now, we will see some other definitions or interpretatio
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Evaluation of change in credit policy Current average collection period = 30 + 10 = 40 days Current accounts receivable = 6m × 40/ 365 = $657534 The Average collection pe
Revenue Recognition or Realisation The resources of business are utilized to earn revenue through sale of goods or rendering of services.The American Accounting Association d
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