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Financial management is two way process in which finance manager obtain  funds  and money  at low cost and risk and use it in higher earning  project at minimum risk. Expert says that it is science to earn maximum  return  at minimum risk and control. In financial management,  following decision is taken technically.  Ist To Get Funds from Different Sources:-   This decision is very helpful for development of  company . You know that if you start even a small business, you need fund for paying capital  and revenue expenditures. But you have to give its cost. You have also to take the risk of its repayment; it may possible that at the time of  repayment, you have no money in your pocket. It is the  risk of solvency . You also have to see who will control your business after taking fund.  We explain our views to make understand to you.   If you choose share capital as the source of funds:
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This note was uploaded on 10/19/2011 for the course FINANCE 302 taught by Professor Staff during the Fall '10 term at East West University, Chicago.

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