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Describe the duties of the financial manager in a business firm?
Financial managers evaluate the firm's performance, determine what are the financial consequence will be if the firm maintains its present changes or course it, and propose how the firm should use its assets. Financial managers as well locate external financing sources and recommend the most important mix of financing sources and they determine the financial expectations of the firm's owners.
All financial managers should analyze, communicate, and make decisions based on information from many sources. To do this they require analyzing financial statements, planning and forecasting, and determining the effect of size, risk, and timing of cash flows.
Organization and Management of Mutual Funds: Structural Pattern Mutual Funds, usually formed as trusts, generally involve three parties viz., Settler of the trust or
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Baldwin Company is interested in buying a new corporate jet for $6 million. It will depreciate the jet fully in 5 years and then sell it for $5 million. The jet will use $60,000 in
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The management of Border Bank has asked you to help with it with its market risk calculations. It has compiled the following data on its financial assets: • $500 million of amorti
Solutions to shareholders and government agency problemquestion #Minimum 100 words accepted#
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