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The production department in any firm is concerned with provision of production facilities, production cycle, skilled and unskilled labor, storage of finished goods, capacity utilization, etc. The financial management has a useful role to play in interaction with the production management as the cost of production assumes a substantial portion of the total cost. The production department may be required to take various decisions like Increase in capacity utilization, installation of a safety device, replacing machinery, installation of materials monitoring device, improvisations of production facilities, etc. All the decisions have financial implications and therefore should be evaluated in the light of the Objective of the maximization of the shareholders wealth. So, the financial management has a role to play.
Monitoring and Controlling Budgets: The preparation of budgets is only part of the budget cycle. Once set, an organisation should actively monitor actual revenue and expenditu
A campany estimate a cash requirment of 900000 the opportunity interst eate is 9% per anual the transaction cost for borrowing or withdrawing fund is 264.5
what are the types of non-statuary reports?
Image Storage Corporation has 1,000,000 shares outstanding. It wishes to issue 500,000 new shares using a (North American) rights issue. If the current stock price is $50 and the s
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Describe the sales forecasting process. It is a group effort. Sales and marketing personnel generally offer assessments of demand and the competition. Production personnel genera
Solutions to shareholders and government agency problemquestion #Minimum 100 words accepted#
Ask question #MiniA project under consideration costs $750,000, has a five-year life, and has no salvage value. Depreciation is straight-line to zero. The required return is 17 per
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Treasury bonds are the bonds issued with maturities greater than 10 years. However, these are commonly issued with a maturity of 30 years. Like T-notes, these bon
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