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SCOPE OF FINANCE FUNCTION
In several businesses, based on the complexity and size of financial decision-making, the scope of finance function may be categorized into incidental finance function and executive finance function. The coverage of functions by both is in this way
Executive Finance function
This function generally is a main function and deals with decision-making and policy making tasks and incorporate with the following:
Incidental Finance function
This function is much more than an implementation and maintenance type and covers the following functions:
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38. The optimum capital structure is the one with i) highest value of the firm ii) Lowest value of the firm iii) highest shares in numbers iv) highest debt
Historically, three types of shapes have been observed for the yield curve. The relative change in the yield for each treasury maturity is known as a
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