principal of financial administration
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Principles of Financial Administration. ... Financeconsists of three interrelated areas: The role of finance will be oriented to financial resources, because money is a resource to acquire assets, cancel immediate and long – term obligations.To generate cash flows needed revenue for cash sales and portfolio recovery, contributions from shareholders or owners, contracting loans, sale of assets unproductive, among other items. These funds will be used to purchase inventories, assets fixed payment obligations, dividends,
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