Finance midsemester notes
Covers the midsemester finance notes.
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Finance Mid-Semester Exam Notes What is financial management Financial management is concerned with managing an entity's money. It involved allocation financial capital (money: working capital and long term capital) for purchase of real capital (such as plants & equipment) Financial management also provides an investment decision framework based on return or yield. Financial analysts also analyse firm performance and predict the market's valuation of the firm (based on debt & equity) e.g. ROE =...
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