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The personnel department of a firm is entrusted with the responsibility of recruitment, training and placement of the staff for the firm. The department is also required to critically analyze and suggest means to reduce if any, the manpower requirements for various departments of the firm. This department is also concerned with the welfare of the employees and their families. In this connection, different decisions are to be taken from time to time. Some of these decisions may be compulsive under the legislative provisions while other may be discretionary. The personnel department has to work with the finance manager while evaluating different schemes of training programs, employee's welfare, economy in manpower, computerization, incentives schemes, revision of pay scales, etc. The best possible option should be identified keeping in view both the employee's welfare and the interest of the firm. Considering the financial implications of all these decisions is an important dimension.
A proforma cost sheet of a company provides the following data: RO Cost (per unit) Raw materials 52
Q. Nature of Financial Management? Financial Management is an necessary part of Top Management: - In the contemporary business management the financial manager is one of the ac
International financial system has always been a debatable and crucial focus of the world discussion and it is mainly due to the repression of the economies especially after the cu
Does financial leverage (debt) have any impact on the Free Cash Flow, on the Cash Flow to Shareholders, on the growth of the company and on the value of the shares? Debt has no
suppose perfect competition prevails in the market for hotel rooms. the current market equilibrium price of a stanar hotel room is 100 per night
1. The Gulf had sales of AED 20,000,000 and cost of goods sold of AED 10,250,000. Selling and administrative expenses represented 8 percent of sales. Depreciation was 5 percent o
Q. Example on Walters dividend model? Example: - The following information is obtainable in respect of a firm: Capitalisation Rate (Ke) = 10% Earning
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State the meaning ofUnlimited profit sharing Unlimited profit sharing means that equity shares have an unlimited potential for dividend payments and price appreciation. Which i
The option features embedded in many bonds and fixed-income securities have made the binomial interest rate tree approach a valuable model for pricing debt. Binomial
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