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SCOPE OF FINANCE FUNCTIONS
The functions of Financial Manager can generally be sub-divided into two: The Routine functions and the Managerial Functions.Managerial Finance Functions:
Need skilful planning, control and execution of the financial activities. There are four significant managerial finance functions.
Routine functions:
For the efficient execution of the managerial finance functions, routine functions have to be executed. Such decisions concern procedures and systems and include a lot of paper work and time. In most situations these decisions are delegated to junior staff in the organization
Bond valuation would be relatively simple if interest rates exhibit little day-to-day volatility. One could value a bond by discounting each of its cash flows at
WHAT IF BALANCE DOES NOT EXIT
Q. What is Certified Financial Planner? Certified Financial Planner (CFP) - Individuals who are trained to develop and implement financial plans for businesses, individuals and
Q. In planning a restaurant, it is estimated that a revenue of $6 per seat will be realized if the number of seats is at most 50. On the other hand, the revenue on each seat will d
Fixed Costs The costs a rigid incurs doing business that do not change in relation to production. Rent, for example, is a fixed cost because it remains constant whether product
Why does most interbank currency trading worldwide involve the U.S. dollar? Answer: Trading in currencies worldwide is in opposition to a common currency which has international
How does a preemptive right protect the interests of existing stockholders? A preemptive right defends the interests of existing stockholders by providing them the opportunity to
What are retained earnings? Why are they important? Retained earnings denote the sum of all the earnings obtainable to common stockholders of a business throughout its whole h
Prices of Calls and Puts Options the shares of Marks & Spencer a) Explain carefully why the November calls are trading at higher prices than the September calls. b) Draw
discuss the applicability of financial management in respect to poultry farming in uganda
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