Define financial management state briefly it objectives
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Financial management focuses on ratios, equity and debt. Financial managers are the people who will do research and based on the research, decide what sort of capital to obtain in order to fund the company's assets as well as maximizing the value of the firm for all the stakeholders.
Objectives of Financial Management. Profit maximization happens when marginal cost is equal to marginal revenue. This is the main objective of Financial Management. Wealth maximization means maximization of shareholders' wealth. ... Minimization on capital cost in financial management can help operations gain more profit.
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