after completing the course of Hotel Management Rahul plans to start his own hotel he plans to hire a team of experts to give his guest a unique and unforgettable experience. keeping in mind their budgets. Before starting the business he visited his home town to take blessings of his father. His father told him that success of business depends on how well financed is invested in assets and operation and how timely and economically finances are arranged from outside or from in the business. He guided him that he should always spend time in identifying different available sources of finance and comparing them in terms of their costs and associated risks. The returns from investment should always exceed the cost of investment.
In the above context:-
(1) Identify the concept discussed above which has direct bearing on the financial health of a business.
(2) Outline the key objective of concept identified in part (1).
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Answer:
hey mate here's ur answer.
Explanation:
1. Financial management concept
2. Maximun the wealth of equilty shares holders.
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