Fundamentals of Financial Management, Third Edition

SUMMARY

Corporate financial decisions relate mainly to long-term investment of funds, management of working capital, raising of funds and allocation of profits, although the tools used for taking financial decisions, such as financial analysis, planning and forecasting, etc., do form an essential segment of corporate financial decisions. Long-term investment decisions begin from the conceiving of proposals and their evaluation and proceed through the management of fixed assets. The working capital decision is concerned with the determination of the size of current assets and their financing. Similarly, financing decisions are concerned with the size and form of resources and the sources from where they are raised. The dividend decisions are ...