MGTA02H3 Chapter 10: Chapter 10 Notes
17 May 2011
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MGTA02H3 Full Course Notes
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The role of the financial manager resources of a firm obtaining the funds to pay for those investments. Financial managers: those managers responsible for planning and overseeing the financial. Finance: the business function involving decisions about a firm"s long-term investments and o. Four responsibilities: determining long-term investments; obtaining funds; conducting. Cash flow management: managing the pattern in which cash flows into the firm in the form of. To increase firm"s value (and stockholders" wealth) by making decisions to improve status (in firm"s everyday financial activities; help manage risks. Objectives of the financial manager corporations, profits = increase in value of common stock) Financial planning: a description of how a business will reach some financial position it seeks. Financial control: the process of checking actual performance against plans to ensure that the. Failure to make contractually obliged payments can lead to bankruptcy. Accounts payable: unpaid bills owed to suppliers plus wages and taxes due within the upcoming.
