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What are the Weaknesses of the traditional approach
The traditional approach to the scope of finance function evolved during 1920s and 1930s and dominated academic during 40's and through the early fifties. It has now been discarded as it suffers from serious limitations. Weaknesses of the traditional approach fall into two wide categories:
(i) those relating to the treatment of different topics and emphasis attached to them; and
(ii) those relating to the basic conceptual and analytical framework of the definitions and scope of the finance function.
A w ard of contract In previous sub section you learnt in what situations you can negotiate. Now let us discuss the procedure for awarding the contract. Below are the step
Which type of insurance company generally takes on the greater risks: a life insurance company or a property and casualty insurance company? The risks protected in opposition to
a) Year 2 Year 1 Stock turnover (350/500) * 365 = 255.5 days (250/450) * 365 = 202.7 days
What is rectification of errors? List and explain the stages where the errors are deducted for rectification.
Chi Square Test as a Test of Independence In real life decision making, managers often have to know whether the differences between the proportions observed from a number of sa
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What is Financial risk Financial risk is affected by mixture of long-term financing or capital structure, of firm. Firms with high levels of long-term debt in proportion to t
(a) The BEQ is 200 customers per month, i.e. $3,000 / ($20 - $5) (b) The margin of safety is 300 customers, i.e. 500 - 200 (c) Graph (d) New break-even is 334 customers, i
Functions of Financial Manager: - The financial manager is a associate of top management. He is intimately associated with the formulation of financial policies as well as financia
Which type of financing is appropriate to each firm
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