Key Terms

Financial management: It is the process of procurement and allocation of funds and distribution of profits among shareholders.

Capital budgeting: The investment in fixed assets is called as capital budgeting decision.

Working capital management: The investment in current assets is called as working capital decision.

Financial structure: It is total amount of funds of a business organization.

Fixed assets: These are the resources which are acquired for long-term use and are not meant for resale in current year.

Tangible fixed assets: These fixed assets are those which can be seen and felt, like land and building, plant and machinery, equipment, furniture, and so on.

Intangible fixed assets: These are the assets which cannot be seen or ...

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