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Define the meaning of objective - financial management
The term objectives offers a normative framework. That is the focus in financial literature is on what a firm must try to achieve and on policies that must be followed if certain goals are to be achieve. Implication is that these aren't necessarily followed by firms in actual practice. They are rather used to serve as a basis for theoretical analysis and don't reflect contemporary empirical industry practices.
Mutual Fund Services: Financial Mutual Funds launch schemes to cater to the need of the different categories of investors. They provide special services in addition to the retu
Determine Current ratio or working capital ratio CA = Current assets/Current liabilities (times) Current ratio measures the short term solvency or liquidity; it demonstra
Banks like to make short-term, self-liquidating loans to businesses. Why? Banks like to be capable to see where the funds are similarly to come from like the borrower is able to
A/A2 is generally the second- or third-highest rating that a rating agency gives to a security or carrier. This rating indicates that there is a comparatively low risk of default a
Sarkozy Ltd is considering the selection of one of a pair of mutually exclusive investment projects. Both would involve purchase of machinery with a life of five years. Projec
The ledger of AISExperts Inc. showed the following balances after adjustment , but before closing, on December 31, 2012, the end of the current year: Accounts payab
a) Gross profit shows the difference between a firm's sales revenues and its direct cost of sales (COGS). Net profit, however, is calculated after deducting overheads (expenses) fr
Financial System: The economic development of a nation is reflected by the progress of the various economic units, broadly classified into corporate sector, government and hous
When a borrower uses repo market for fund financing, he has to deliver the securities to the lender. One way to do this is to deliver the collateral to the lender
Duration is good measure while estimating the percentage price change for a small change in interest rates but the estimation becomes inferior with the larger cha
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