Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
- Explain your analysis, why organization having importance of following functions of
financial management ? a.Allocation of funds
Expert Solution
Step 1
At the point when we characterize the jobs of a finance head area head, by and large, it very well may be the obtaining of assets and the utilization of assets.
Step 2
The objective basic the capacity of obtainment of funds is to limit the expense of assets while the objective behind utilizing funds is to expand the profits.
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