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What are the benefits of Traditional approach
Traditional approach had a very narrow perception and was devoid of an integrated conceptual and analytical framework. It had precisely been discarded in current academic literature. Modern approach has broadened the scope of financial management which involves the solution of three key decisions, namely, financing, investment and dividend. These are interrelated and must be jointly taken so that financial decision-making is optimal. Conceptual framework for optimum financial decisions is the objective of financial management. Or we can say, to ensure an optimum decision in respect of these three areas, they must be related to the objectives of financial management.
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Principles of corporate governance Leadership: Every corporation should be headed by a proficient BOD which should exercise leadership, venture, honesty and judgments in dire
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At the end of 1922, your great grandfather (g.g.f.) established a trust fund to be used in order to help a later generation of the family obtain a university education. The ultimat
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Q. Explain about Cash Flow Statement? Cash Flow Statement: - This is another process of cash management. A cash flow statement is the statement showing inflows as well as outfl
Q. Management of Working Capital? Working capital, in general practice, refers to the excess of current assets over current liabilities. Management of working capital therefore
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