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Q. Definition of Financial Management?
As-per to Joseph L. Massie 'Financial management is the operational activity of a business that is responsible for obtaining as well as effectively utilizing the funds necessary for efficient operations.' According to Wheeler 'Financial Management is the activity which is concerned with the acquisition as well as administration of capital funds in meeting the financial needs and overall objectives of business enterprise.'
Q. Calculate Average Annual Return? An investor buys a bond in 1978 maturity in 1980 at Rs.900. It has a maturity value of 10 years and par value of Rs. 1000. It fetches RS.90
Question: You have just been appointed the secretary of the ALM Committee (ALCO) of ABN Bank. The ALCO members have some queries relating to the liquidity risk faced by the ban
Accounting Framework - Convention of Consistency This doctrine denotes that accounting rules, practices & conventions should be continuously observed and applied that implies
Board should encourage a strong control culture. Manager's bonus must not only be linked to company profits but also linked to internal control procedures being adhered to. There m
identify five stakeholder groups and breifly explain their financil and other objectives
Q. Credit Standards for Formulation of Optimum Credit Policy? Credit Standards: - Credit standards are the essential criteria set for extension of credit to customers. Decision
fimnancial accounting system
Q. Major objective of working capital management? The major objective of working capital management is to decide the optimum amount of working capital required. Usually managem
The dividend is the part of the net income that the company distributes to shareholders. As the dividend represents real money, the net income is also real money. Is that true?
This case has been framed in order to test the skills in evaluating a credit request and reaching a correct decision. Perluence International is large manufacturer
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