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Financial Management:
Financial management is, in its most basic interpretation, the management of costs against revenue. Other management initiatives, such as marketing, are designed to contribute to an increase in revenue paid into a business. Financial management on the other hand focuses both on the revenue aspects, and the recording and control of costs.
An appropriate and sound financial management framework is essential for any business. A good financial management framework not only records and reports the financial transactions that occur within a business, but also provides management with the information from which decisions can be made.
A financial management framework is comprised of a number of different financial systems each of which contributes to the management process. The purpose of this module is to outline the various systems, discuss how they fit together to contribute to business success and understanding budgets.
What is a security? The Securities are claims on financial assets. They can be explained as "claim checks" that give their owners the right to obtain funds in the future. Sec
List a few types of non-price rationing systems. (a) Queuing. (b) Favored customers. (c) Rationing coupons.
Eco Tyre Ltd. (ETL) - incorporated in year 2003 and entered into automobile tyre manufacturing business by introducing a new tire manufacturing technology. Over the years, ETL has
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Calculate the firm’s WACC. Prepare and analyze each planned capital expenditure. Evaluate, rank, and recommend the capital expenditures according to beneficial value to the organiz
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Extendible reset bonds are floaters in which the issuer is required to reset the coupon rate so that the issue will trade at a predetermined price (usually above
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