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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.
Q. Accounting Principles Board ? Accounting Principles Board (APB) -senior technical committee of AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS (AICPA) that issued pronoun
how to calculate cashflow statements
Criticize the flexible exchange rate regime from the viewpoint of the proponents of the fixed exchange rate regime. If exchange rates are fluctuating very frequently, that may
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What kinds of U.S. companies would benefit most from a stronger dollar in the foreign exchange market? Explain. U.S. companies that import merchandise from other countries wou
T = 520O per week. L=60000. Standard deviation = 7500 R =0.0004.F =50.Find the optimal average cash balance base don the miller orr model
Defined Contribution Plans In defined contribution plans, the contributions made by or on behalf of the employee are accumulated and paid on retirement along with such return a
Q. Explain Compound Value Concept? The Compound Value Concept is used to find out the FV of present money. It is the same as the concept of compound interest, wherein the inter
SCOPE OF FINANCE FUNCTIONS The functions of Financial Manager can generally be sub-divided into two: The Routine functions and the Managerial Functions. Managerial Finance F
How could we project exchange rates in order to be able to forecast exchange differences? If someone knew how to predict exchange rates, they would be a millionaire and would n
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