Fin week 3.docx - Financial Management Laurie L Freeman...

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Financial Management Laurie L. Freeman SNHU 03-24-2019
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The roles and responsibilities of a financial manager are very important because many people within an organization depend on the financial manager. In order to perform as a good financial manager, you must know how to do many things within a company. One must know how to make decisions, know what business ethics are and how to uphold those ethics, and be able to represent the employees, company, and stockholders in a good way. Three types of decisions that a financial manager will have to make are investment, financing, and capital. With investment decisions there are both long-term and short-term investments are these are considered the most important decision a financial manager can make because it involves the cost of running the company and the funds available. Long-term investing is the capital budget which are benefits of which are expected to be received over a long period of time exceeding one year and a financial manager must assess the profitability of these investments before committing to them. To assess long-term, you must look at the expected profit, costs involved, and the risks associated with the projects. With this type of investment is used for setting up new units or additions, replacement of assets, research and development cost. Short-term investment decisions handle cash, inventory, and receivables. A short-term investment policy is one which ensures higher profitability, proper liquidity and sound structural health of the organization. A financial manager must also make financing decisions which
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  • Winter '17
  • Paltrow
  • Finance, Finance Manager, American Stock Exchange, Financial Regulatory

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