Fin2603 exam notes Study guides, Study notes & Summaries

Other FIN2603 Exam Pack(2021) Contains: Comprehensive Notes & Summaries, Exam Questions & Solutions, and Calculation Formulas. Ideal for exam preparation.

FIN2603 Exam Study Notes. Latest Document. The Financial goal of a firm. 1. Introduction. • Firms exist because they satisfy a need by providing a product or service. • Firms do not only meet the need for consumers but also the needs of other firms. • The emphasis on customers needs and on providing a quality product/service to meet the needs of customers is normally stated in the firms mission statement. • Mission statement - describes the fundamental purpose that sets a firm ap...

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FIN2603 Exam Pack Contains: • Comprehensive Notes & Summaries • Exam Questions & Solutions • Calculation Formulas Knowledge to empower your oppotunities Page 2 Introduction to managerial Finance Financial Management for Non Financial Managers  It refers to the art and science of managing money in an organisation. Goal of Financial Management  The main or prime goal of financial management is to maximise the shareholders wealth , measured by Share price NOT Earnings per sh...

FIN2603 Exam Study Notes. Finance For Non-Financial Managers. The financial goal of a firm. • Role of financial management is assessed form viewpoint of an investor in a firm. • Investors need to diversify their investments. • Diversification - means not placing all ones money in a single investment, but spending it over various investments. • The investor has a choice between various asset classes, the main ones: - Real estate (rent generating assets) - Shares (dividend generatin...

The Financial goal of a firm. 1. Introduction. • Firms exist because they satisfy a need by providing a product or service. • Firms do not only meet the need for consumers but also the needs of other firms. • The emphasis on customers needs and on providing a quality product/service to meet the needs of customers is normally stated in the firms mission statement. • Mission statement - describes the fundamental purpose that sets a firm apart from other firms of its type and identif...

FIN2603 Exam Study Notes FIN2603 Exam Study Notes The Financial goal of a firm. 1. Introduction. • Firms exist because they satisfy a need by providing a product or service. • Firms do not only meet the need for consumers but also the needs of other firms. • The emphasis on customers needs and on providing a quality product/service to meet the needs of customers is normally stated in the firms mission statement. • Mission statement - describes the fundamental purpose that sets a ...