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Essay specific features
Written by:
Gary R
Date added:
July 31, 2015
Level:
University
Grade:
A
No of pages / words:
4 / 1006
Was viewed:
922 times
Rating of current essay:
Essay content:
Before making any future investment plan, it is very important that a financial manager thoroughly understands the existing budgeting condition of the company. Then the magnitude of investment can be estimated based on the existing situation of economic atmosphere. For example, in a recessionary period, consumers are less likely to spend...
displayed 300 characters
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For example, in a recessionary period, consumers are less likely to spend. Companies with large capital investment during this period are likely to have excessive inventory build-ups and not able to achieve a desirable return of investment. Unemployment during the recessionary period will tend to be high, and companies may be expected to exercise layoffs in order to cut operating and to remain in business...
displayed 300 characters
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