Financial management includes key objectives that organizations follow to secure their financial stability and achieve success. These objectives of financial management serve as guiding principles for effective decision making and resource allocation within the field of finance.
Inventory refers to stock-pile of product, a firm is offering for sale and components that make up the product.
The takeover means the purchase of one company by another without the formation of a new company. The process of one company obtaining a controlling stake in another company by purchasing its shares.
Receivables management refers to the planning and controlling of ‘debt’ owed to the firm from customers on account of credit sales. This practice is commonly referred to as trade credit management.
Cash management deals with the optimization of cash as an asset and for this purpose, the financial manager has to make various decisions from time to time. He has to deal as the cash flow director of the firm.
The cost of capital refers to the minimum rate of return that a company must achieve on its investments in order to ensure that the market value of its equity shares either increases or remains at the same level.
Finance function may be defined as that administrative area or set of administrative functions in an organisation which relates with the arrangement of each and credit so that the organisation may have the means to carry out the objectives as satisfactorily as possible”
Corporate restructuring is like a strategic makeover for a company. It’s when they make purposeful changes to their rules, plans, products, how they work, and even their employees to fit with new rules and plans that will last.
Dividend policy determines the division of earnings between payments to shareholders and retained earnings. It outlines the framework for the long-term dividend declaration pattern.
Working capital is descriptive of that capital which is not fixed. But, the more common use of working capital is to consider it as the difference between the book value of the current assets and the current liabilities.