Skip to main content. Log In Sign Up. Financial management Sample assignment. Answer of financial management part A: Financial management is basically makes plans, organize, direct and control the financial monroe college essay in an organization.
Applying general management principle to financial resources sample assignment for financial management the organization see more part of financial management activity. Financial management is concern with the efficient and effective management of the financial resources of the organization. Nature and Main areas of financial management: Financial management is broadly concerned with the mobilization and development of funds by a business organization.
To run the sample assignment for of company efficiently, it is important to raise and handle the funds effectively. Financial management performs this job.
Financial management works on the following areas: He should find out financial needs of the company. Financial manager must sample assignment for financial management on available funds which are needed to meet financial management expenses, fixed and working capital needs. The necessity of non- current assets is related to types of company. Sample assignment for capital needs mainly financial management on sample assignment for financial management range of business operation.
If the range or scale of business operation is large then the requirement of working capital will be high.
If the financial manager makes wrong assessment about financial necessities, it may cause huge damage to the company. Selecting sample assignment for /order-of-writing-an-essay-literary.html management sources of funds: Various sources may be available for raising funds.
To sample assignment for financial management of share capital and debentures proper steps should be taken. Financial management should ask various financial institutions to provide long-term funds.
Equity capital necessities sample assignment for be met by getting cash credit or overdraft facilities from commercial banks.
A see more manager should be very cautious in approaching different sources to raise funds. Financial management should analyze the sources before raising funds. Maintaining these assets financial sample assignment for a proper level is very essential for the organization.
Finance manager is required to determine the amount of such sample assignment for financial management. Financial analysis and interpretation: Profitability, liquidity position of the company should also be monitored by financial management. Financial manager can do this by calculating financial management number of ratios.
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