y Limited is manqufacturing steel at its plant in India. It is enjoying a buoyant demand for its products as economic growth is about 7%-8% and the demand for steel is growing. It is planning to set up a new steel plant to cash on the increased demand it is facing. It is estimated that it will require about ? 5,000 crores to set up and about t 500 crores of working capital to start the new plant.
Q.. What is the role of financial management for this company?
Answers
hola....
answer: They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. Financial managers typically: Prepare financial statements, business activity reports, and forecasts, ... Help management make financial decisions.
hope it helps u ✌️✌️✌️
hey!.
______
Answer:-
__________
Role of Financial Management Financial management is faces problems with proper management of funds.
thes are:-
__________
1..all decisions relating to procurement of long term and short term funds.
2.involve the risk associated with respect to procured funds under control.
3.Utilise of funds in the most productive and profitable way.
4. fix debtor in equity ratio involve capital.
hope it will help u!!!