August 2011
Beginner
547 pages
16h 12m
English
Content preview from Fundamentals of Financial Management, Third EditionBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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POINTS TO REMEMBER
- What are the major financial decisions taken by a finance manager?
- Long-term investment decision
- Working capital decision
- Financing decision
- Dividend decision
- Enumerate factors influencing a financial decision.
- Micro-economic factors, such as nature and size of enterprise, level of risk, liquidity position, asset structure and ownership pattern, and attitude of management.
- Macro-economic factors, such as state of the economy and the governmental policy.
- What are the objectives of financial decisions?
- Profit maximisation
- Maximisation of corporate wealth
- When is profit maximised? Is it a suitable objective of financial decisions?
- Profit is the maximum at a point of output when revenue exceeds the cost by the widest ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.