Question

What is financial management and its main objective?

Answer 1

hey mate!!!!

financial management ;referred to the branch of Management which concerned with the effective acquisition anduse of money

objective of financial management

financial management objective are directly linked by bhai financial decision investment decision financing decision and dividend decision

the objective of financial management is to maximize the wealth of shareholder

( shareholders current wealth in a company )=(number of share )×(market price of Per share)

hope it will help you

please mark as brainliest❤❤❤❤

Answer 2

Answer:

Financial management refers to efficient acquisition of finance, efficient utilisation of finance and efficient distribution and disposal of surplus for smooth working of company.

The main objective of financial management is to maximize the wealth of equity shareholder.