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Wealth Maximisation Decision Criterion
This is also called as value maximisation or net present worth maximisation. Presently academic literature value maximisation is almost universally accepted as an appropriate operations decision criterion for financial management decisions as it removes technical limitations that characterise earlier profit maximisation criterion. Its operational features satisfy all three requirement of a suitable operation objective of financial courses of action, namely, quality of benefits, exactness and time value of money.
Define the Explicit cost of capital Explicit cost of retained earnings that involve no future flows to or from firm is minus 100 per cent. This must not tempt one to infer that
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applicability of an operating cycle in vegetable growing in uganda
discuss the applicability of operation cycle in avegetable growing business
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