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Q. Explain Financial Management in brief?
In the management of business firms, there are various well known functional areas such as Production Management, Materials Management, Marketing Management, Human Resource Management, etc. In addition to these areas, there is an area of Financial Management also. All these functional areas are interrelated and practically equally important in any firm. The financial management provides oxygen to the life of a firm by providing uninterrupted flow of funds throughout the firm and thus helps achieving the ultimate objectives of the firm. The finance function is related to every other functional area of the management, wherever and wherever a policy decisions is to be taken. The reason is obvious. Every policy decision involves some or other financial implication. The relationship between financial management and other functional areas has been analyzed in the following discussion.
The RBI, on behalf of the government, issues all T-Bills and Government dated securities. Being risk-free securities, they set the benchmark for the interest rate
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Q. Explain about pink book? This shows the various sub heads under which the lum sum amount sanctioned by allotment is to be spent and this indicates the works for which the al
How do financial managers calculate the average tax rate? Financial managers calculate the average tax rate by dividing tax dollars paid by earnings before taxes (EBT).
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Can you help me out on the Time value of money????? I need urgent help on this topic...
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The actual risk-free rate is 4%. Inflation is likely to be 3% this year and 4% during the next 2 years. We suppose that the maturity risk premium is zero. What is the yield on 2
COMPOUNDING TECHNIQUE is the method of calculating the future values of cash flows and involves calculating compound interest. Under this process, interest is compounded when the
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