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What are the Objectives or goals of Financial Management?
Objectives of Financial Management: - It is the responsibility of the top management to lay down the objectives or goals which are to be achieved by the business.
The major objectives are:
1. Profit Maximization: - According to this schema all activities which increase profits must be undertaken and which decrease profits should be avoided. Profit maximization entail that the financial decision making must be guided by only one test which is select those assets projects and decisions which are profitable and reject those which aren't.
Describe the difference between a parallel loan and a back-to-back loan. Answer: A parallel loan contains four parties. One MNC (multinational company) borrows and re-lends to
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applicability of operating cycle in poultry
Development of the Market Until 1950s, T-Bills were issued by both the Central and State Governments and from 1950s, it is only the Central Government that is issuing Treasury
ICEQ'sgo beyond ICQ's Discover whether error or fraud is possible. Concentrates on significant frauds or errors which might be possible and so only a handful of key con
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