Introductory Finance -...

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Finance consists of providing and utilizing of money,  employed in the operation of an enterprise.  Finance may be classified as: (A)  Public Finance (B)   Private Finance (i) Finance for Non profitable Organization (ii) Finance for Profitable Organization  (a)  Sole Trader ship    (b)  Partnership (c)  Corporation
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Financial Manager’s Responsibilities   1.  Forecasting and Planning 2.  Major Investment and Financing Decisions 3.  Coordination and Control 4.  Dealing with the Financial Markets
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Goals of the Corporation  1.        Profit Maximization -          Current Profit Maximization -          Does Not Consider Longevity of project -          Ignore Time Value of Money -          Does not consider social Responsibility   2.       Wealth Maximization -          Consider Longevity -          Consider Time Value Of Money -          Maximize Wealth of The corporation -          Maximize Share Price -          Consider Social Responsibility
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Stakeholders  : Group such as employees, customers,  suppliers, creditors, owners, and other’s who have a  direct economic link to the firm.  
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Introductory Finance -...

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