Modern approach at financial problems, Financial Management

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Modern approach at financial problems

With the advent of technology and need to tighten shipsdue to competition, financial management became as much a science as art. Efficient allocation of funds became imperative. Modern approach is ananalytical way of looking at financial problems of a firm with the main concerns such as:

1. What is the total volume of funds committed?

2. What specific assets should be acquired or divested?

3. How should the funds required be financed and from which markets?

 


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