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Role of a Financial Manager
Essay specific features
Written by:
Clarice H
Date added:
July 14, 2012
Level:
University
Grade:
A
No of pages / words:
4 / 843
Was viewed:
8875 times
Rating of current essay:
Essay content:
In an efficient market, a financial manager maximizes stock prices and identifies and implements projects that add value to the firm (i.e. projects that contribute more than they cost). Lastly, financial managers also raise financing by issuing financial instruments that cost less than the financing raised...
displayed 300 characters
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The basic components of financial planning comprise of the investment opportunities the firm elects to take advantage of, the amount of debt the firm chooses to employ, and the amount of cash the firm must decide upon for its growth and profitability (Anonymous, 2000).
The financial manager's role starts from the flow of cash from investors to the firm and back to the investor again...
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