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DEFINITION OF FINANCIAL MANAGEMENT
Financial Management is a stream concerned with the generation and allotment of scarce resources (generally funds) to the most proficient user in the firm (the competing projects) via a market pricing system (i.e., the obligatory rate of return).
A firm needs resources in form of funds raised from investors. The funds should be allocated in the organization to projects that will yield the maximum return.
5 Define risk. Examine the need for assessing the risks in a project.
Have the large bank holding companies increased their market share at the expense of smaller institutions? A: No. A study conducted by the Federal Reserve Bank of New York reve
Meaning merits nd demerits of modern approch of financial management
Assume a bank charges a 15.5% APR (annual percentage rate) on credit card holder compounds quarterly. What EAR (effective annual rate) is the bank is charging? What if they change
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Explain some Examples under FASB 52 that a foreign entity's functional currency would be similar as the parent firm's currency. Answer: Three instances under FASB 52, in which
Explain about the primary and secondary markets. Primary and secondary markets: A primary market is a financial market wherein new matters of financial securities (both s
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