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Title: FUNCTIONS OF A FINANCE MANAGER
Description: The financial activities of a firm are one of the most important and complex activities. Therefore, in order to take care of these activities a financial manager performs all the necessary financial activities.
Description: The financial activities of a firm are one of the most important and complex activities. Therefore, in order to take care of these activities a financial manager performs all the necessary financial activities.
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FUNCTIONS OF A FINANCE MANAGER
The financial activities of a firm are one of the most important and complex activities
...
A financial manager is a person who takes care of all the
important financial functions of an organization
...
The actions of a finance manager directly affect the profitability, growth, and goodwill of the
firm
...
1
...
It is
the responsibility of a financial manager to decide the ratio between debt and equity
...
2
...
For proper allocation of funds, consideration must be given to:
•
the size of the firm and its growth capability
•
condition of assets whether they are long-term or short-term
•
the method by which the funds are raised
...
3
...
Profit earning is
important for the survival and sustenance of any organization
...
A healthy mix of variable and fixed factors of production can lead to an increase in the
profitability of the firm
...
4
...
The
capital market is an essential factor for a financial manager
...
Title: FUNCTIONS OF A FINANCE MANAGER
Description: The financial activities of a firm are one of the most important and complex activities. Therefore, in order to take care of these activities a financial manager performs all the necessary financial activities.
Description: The financial activities of a firm are one of the most important and complex activities. Therefore, in order to take care of these activities a financial manager performs all the necessary financial activities.