Primary aim or objective of finance management.
Profit maximization
Wealth maximization
Maintenance of liquidity
None of these
Companies with higher growth paternal are likely to.
Pay lower dividends
Pay higher dividends
Dividends are not affected by growth considerations
Current Assets are those assets which got converted into cash.
Within six months
Within one year
Between one and three year
Which of the following is not a fixed assets.
Land + Building
Plant + Machinery
Debtors + Bill receivable
Furniture + Fixtures
Current assets of a business firm should be financed through.
Current liability only
Long term liability only
Partly from both types i.e long and short term liabilities.
Factors affecting the working capital of the firm.
Length of operating cycle
Credit policy
Business cycle fluctuation
All of these
The cheapest source of finance is.
Debenture
Equity share capital
Preference share capital
Financial planning arrives at.
Minimizing the external borrowing by resorting to equity issues.
Entering that the firm always have synthetically more funds than required so that there is no pancity of funds.
Ensuring that the firm paces neither a shortage nor a glut of unusable funds.