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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.
What are retained earnings? Why are they important? Retained earnings represent the total of all the earnings available to common stockholders of a business during its complet
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discuss the applicability ofan operating cycle in a poultry business(broilers)
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Illustrate the capital markets in maturity of the securities? On the basis of the maturity of the securities traded, capital markets can be introduced here: Capital markets
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