explain the two objectives of Financial Planning????
Answers
☞Determining capital requirements- This will depend upon factors like cost of current and fixed assets, promotional expenses and long- range planning. Capital requirements have to be looked with both aspects: short- term and long- term requirements.
☞Determining capital structure- The capital structure is the composition of capital, i.e., the relative kind and proportion of capital required in the business. This includes decisions of debt- equity ratio- both short-term and long- term.
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#misspeacee
hey!!
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Answer:-
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there are two obejctives of financial panning are :-
1..it tells the proper transmission of the funds needs for different purposes such as purchase for long term assets. and meet day to day expenses of business etc.
2.
it show the Efficient financial planning ensures that funds are not raised unnecessarily in order to avoid unnecessary addition of cost.
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