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Describe the duties of the financial manager in a business firm?
Financial managers calculate the firm's performance, define what the financial consequences will be if the firm keeps its present course or changes it, and suggested how the firm should make use of its assets. Financial managers as well locate external financing sources and suggested the most beneficial mix of financing sources, and they define the financial expectations of the firm's owners.
All financial managers should be able to communicate, analyze, and make decisions relies on information from several sources. To do this, they have the requirement to be able to analyze financial statements, forecast and plan, and define the effect of size, risk, and timing of cash flows.
Tarniwala and Dealer in Non-cleared Securities Tarniwala: He/she is a specialist or jobber in selected shares. He/she makes market i.e. provide continuity to dealings. They
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Valuing Preferred Stock Gest, Inc has an issue of preferred stock outstanding that pays a $4.50 dividend every year in perpetuity. If this issue currently sells for for $79.85 per
Stone Container is a major producer of cardboard boxes. Stone Container has $10M in outstanding equity. In addition, it has $2M in outstanding debt. The debt is a ten-yearmortgage
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