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What is the financial objective of a business
A business is created to enhance wealth of its owners. This may come as a surprise, as there are other objectives which a business may pursue that are related to needs of others associated with the business. For instance, a business may seek to provide good working conditions for its employees, or it may look forward to conserve the environment for local community. Whereas a business may pursue these objectives, it's generally set up with a view to increasing the wealth of its owners. Practically, behaviour of businesses over time appears to be consistent with this objective.
During FY 2014, the voters of Surprise County approved construction of a $21 million police facility and an $11 million fire station to accommodate the county's population growth.
You may just be wondering as to see that how we control activities by ratios. The answer is not tough to seek. Ratios we have known for control of activities measures relationships
AFTER-ACQUIRED PROPERTY All property acquired by the bankrupt between the commencement of bankruptcy and his discharge passes to the trustee, except as stated above and below. (
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evaluate the importance of leverage in financial management of a small scale business
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The comparative balance sheet of Portable Luggage Company at December 31, 2008 and 2007, is as follows An examination of the income statement and the accounting records revealed th
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