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Explain about the investment decision- financial management
The investment decision relates to selection of assets in which funds would be invested by a firm. Assets which can be acquired fall into two broad group:
(i) long-term assets that yield a return over a period of time in future
(ii) short-term or current assets, described as those assets which in normal course of business are convertible into without diminution in value, generally within a year. First of these involving the first category of assets is popularly known in financial literature as capital budgeting. Aspect of financial decision making with reference to current assets or short-term assets is commonly called as working capital management.
Hi I have been working in this for 2 weeks now and I just can''t seem to figure it out. ok lets say Bill is 40 yrs old. His made 72,000 last year had 60,000. in annual expenses,
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A) What are the statements of financial information? Talk about two items from each. B) Describe statement of changes in financial positions, with an example.
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