MGTA02H3 : Good notes!
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MGTA02H3 Full Course Notes
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Financial managers those managers responsible for planning and overseeing the financial resources at a firm. Finance (corporate finance) the business functions involving decisions about a firm"s long-term investments and obtaining the funds to pay for those investments. with responsibilities (1) determining a firm"s long term investment (2) obtaining funds to pay for those investments (3) conducting the firm"s everyday financial activities (4) helping to manage the risk the firm takes. collect funds, pay debts, establish trade credit, and obtain loans, control cash balance, and plan for future financial needs. Increase firm"s value thus stock holder"s wealth. ensure that a company"s earning exceed its cost profit. must ensure that it always has enough funds on hand to purchase materials and human resources it needs to produce goods and services. Funds that are not need immediately should be invested to earn more money for the firm.
