What is the main objective of finance? Is it to look at the form and manner in which the resources of a company were distributed AND their efficiency and effectiveness?

Expert Solution

Finance is a lifeline for any business. Financial Management, as a discipline aims to reduce the cost of finance, ensures sufficient availability, planning organising and controlling of financial activities like procurement and utilisation of funds.

The scope of financial management is basically categorised amongst 3 decisions:

Financing Decisions- Pertaining to raising finance from long term (Capital structure) and short term (Working capital) sources.
Investment decisions- Dealing with long term and short term investment decisions
Dividend decisions- Involves deciding about portion of profit to be distributed as dividends and the portion to be retained in business.

In most developed markets, finance can be raised easily. However, the major concern lies in distribution and utilisation in an effective and efficient manner.

jeff jeffy answered 2 years ago

Financial markets operate with varying degrees of efficiency. What are the main ways in which the...

Financial markets operate with varying degrees of efficiency. What are the main ways in which the efficiency of financial markets and instruments are defined? Which markets are most efficient? Least efficient? Based on what measures? Why?

Discuss the manner in which women were subordinate to men in traditional American society. What functions...

Discuss the manner in which women were subordinate to men in traditional American society. What functions did women and men play in the institutionalization of female and male roles and positions in that society? What parallels, if any, do you see with the roles of females and males in American society in the 21st Century? Provide three strategies that can change the trend of sexism in our society. ( 10 Sentences )

Question 8 What are Swaps? Which are the main types of swaps involved in project finance?

a) Underline the main components which are considered while preparing a budget in a Company. What...

a) Underline the main components which are considered while preparing a budget in a Company. What are the major considerations business owners should make as they budget and forecast? b) Prepare a Cash budget for the Quarter April To June based on the following data and additional information. Month Sales($) Purchase($) Wages($) Overheads($) Jan 60,000 36,000 9,000 10,000 Feb 62,000 38,000 8,000 9,500 Mar 64,000 33,000 10,000 11,500 Apr 58,000 35,000 8,500 9,000 May 56,000 39,000 9,000 9,500 Jun 60,000...

Question