Question

Discuss the three broad areas of financial decision making

Answer 1

Three broad areas of financial decision making are capital budgeting, capital structure and working capital management. Capital budgeting The first and most important decision that any firm has to make is to define the business or business that it wants to be in.

Answer 2

Three broad areas of financial decision making

Explanation:

Three broad areas of financial decision making are as under-

1. Financial decision- it includes decision making about the various sources of finance that are available to the organization and selecting the best one, based on the companies requirement. it mainly deals with deciding capital structure of the company.
2. Investment decision- it includes decision about investment of the acquired fund in various assets which will help the organization in earning profit.
3. Dividend decision- it is related with distribution of the companies profit among various shareholder, keeping fund for retained earning etc.

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Areas of financial decision making

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