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q show the compound value of the single flow compound value of the single flow lump sum- the process of computing future value becomes very
compounding or future value concept - under this process of compounding the future worth of all cash inflows at the end of the time horizon at a
q describes the concept of time value of moneytime value of money signifies that the value of a unit of money is different in different time periods
q merits of wealth maximization approachmerits of wealth maximization approach-the wealth maximization schema is superior to the profit maximization
q diffrence between present values of future cash the difference among the present values of future cash inflows generated by an asset and its cost
wealth maximization - it is as well termed as value maximization or net present worth maximization this schema is now universally accepted as an
criticism of profit maximization approachi ambiguous - one practical complexity with this approach is that the term profit is ambiguous different
q explain profit maximization approachi best criterion on decision-making- the goal of revenue maximization is regarded as the best criterion of
what are the objectives or goals of financial managementobjectives of financial management - it is the responsibility of the top management to lay
q describe the functions of controller1 planning and budgeting - it comprises capital expenditure planning profit planning budgeting inventory
functions of treasurer-1 cash management - it comprises the managing of cash receipts and cash payments of the business2 banking relations - it
functions of financial manager - the financial manager is a associate of top management he is intimately associated with the formulation of financial
q what do you signify by organisation of finance function describe the functions of financial managerans organisation of finance function -
q explain about routine functionsroutine functions - the routine functions are supervision of cash receipts and payments opening bank accounts as
financial control - the establishment as well as use of financial control devices is an important function of financial management these devices
q explain dividend policy decisiondividend policy decision - the financial management has to make a decision as to which portion of the profits is to
q describe working capital decisionworking capital decision - it is anxious with the management of current assets it is a significant function of
q what is investment decision investment decision - investment decision as well known as capital budgeting is related to the selection of long-term
q determine the proportion of debt and equityfinancing decision - this function is related to increasing of finance from different sources for this
q determine the financial requirements of the business decisive the financial needs - the initial task of the financial management is to estimate and
q explain functions of finance financial managementfunctions of finance or else financial management - the functions of financial management are1
q explain dividend policy decisiondividend policy decision - the financial management has to make a decision as which portion of the profits is to be
the investment decision - investment decision as well known as capital budgeting is related to the selection of long-term assets or else projects in
q explain about modern approach of financial managementthe modern approach considers the term financial management in a broad sense according to this
q limitations of traditional approach in financial managementlimitations of traditional approach - the traditional approach continued till mid 1950s