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Illustrates the roles of money?
Roles of Money:
a. A medium of exchange
An asset which individuals obtain for the intention of trading quite than for their own consumption.
b. A store of value
Holds and acquire purchasing power over time.
c. A unit of account
Measure utilized to set prices and make economic computations
Dividend Policies and Decisions Dividend policy determines the division of earnings among payments to stock holder's ad re-investment in the firm. Hence now it looks at the f
Example of Replacement of Assets Estate Developers purchased a machine five years ago on a cost of £7,500. The machine had a probable economic life of 15 years at the moment
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1. Biily Mays , Inc, (BMC) is interested in acquiring a 1 million pre to print and circulate its meages. The press has 8 years useful life at the end of which its expected to be 90
Describe how society's interests can influence financial managers. Occasionally the interests of a business firm's owners are not similar as the interests of society. For exam
Mr. and Mrs. smith are considering the purchase of a house. They can afford to make a mortgage payment of $750 per month. If the current mortgage interest rate is 9% with monthly
If Metropolis Healthcare Systems have 1,150,000 in cash. How long will it take them to accumulate 2,000,000 in cash? Assume an interest rate of 5%..
Financial Forecasting Financial forecasting refers to determination of the firm of financial requirements in advance. Financial forecasting is needs financial planning using b
Potential Investors - Measuring Business Performance Potential investors These parties are interested in a company in total both on long and short term basis in particula
Church Inc. is presently enjoying relatively high growth because of a surge in the demand for its new product. Management expects earnings and dividends to grow at a rate of 25% f
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