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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. Trouble in Determination of Cost of Capital? Trouble in Determination of Cost of Capital:- 1. Historic Cost as well as Future Cost: - One main problem in the determinatio
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Question 1 Cost of capital is the minimum rate of return required by a firm on its investment in order to provide the rate of return by its suppliers of capital. Explain the co
Wha is Asset turnover- performance ratios Asset turnover = Turnover/ Total assets or capital employed This demonstrates how much sales are generated for every £1 of capit
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When an investor buys a bond in between coupon payments, he is supposed to compensate the seller with the coupon interest earned on the bond from the last coupon
'A' Priori Probability This is a probability computed by rationally examining existing information. A priori probability can most simply be explained as making a conclusion on
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