Payback Period
Payback period basically pays attention to the speed at which the initial investment made in a project will be recovered by subsequent cash...
Capital Investment Appraisal Techniques
The capital investment appraisal techniques used to measure capital investment appraisal of a business project include:
Net present valueAccounting rate of returnInternal...
Wealth maximization vs profit maximization difference between wealth maximization and profit maximization
Profit Maximization (Traditional Approach)
Profit maximization is the main aim of any business and...
Objectives of Financial Management
The financial management is generally concerned with procurement, allocation and control of financial resources of a concern. The objectives can be-
To...
CASH FLOW STATEMENT:
In 1998, the CICA revised section 1540 of the CICA Handbook, changing the “statement of changes in financial position” to “cash flow...