Fi 515 Homework 1 Mini Case

Mini Case Page 45: a. Why is unified finance important to all(prenominal) managers? Financial managers process in galore(postnominal) different beas of the bloodline environment. They use the in institution provided by the accounting managers in deduce how to invest it to maximize self-coloured profits. The pecuniary managers create a number of internal and apart regions. Financial managers are involved in pileus arrangement and whitethorn also design and issue immediate or long-term securities to investment companies, financial institutions, and pension fund managers. They may also service a public relations hunt down to communicate earning and dividends news to shareholders, beliefors, etc. They may also be involved in the firms capital budgeting efforts and seeks out opportunities for the firm to get in up its strategic objectives. The financial manager also assesses singular hurl opportunities. As a result of the impact of a financial manager on the entire trade environment, it is unequivocal for all managers to understand the role of corporate finance because it will assist all managers in making effective unremarkable business decisions that will maximize firm profits. b. Describe the organisational forms a union might assume as it evolves from a start-up to a major corporation. List advantages and disadvantages of each form. 1.

Sole proprietary: Has a single owner that is neary liable. Although the advantages of a fillet of sole proprietary are that they are easy to form, few regulations, and have no corporate taxes they also have some disadvantages. The disadvantages are th at they have a limited life, unlimited li ef! ficacy, and it is difficult to raise capital. This will hinder or impede the companys ability to grow. In order for entrepreneurs to raise capital for their new business they must utilize their personal resources, which may include savings, place equity loans, or even credit cards.(Brigham/Ehrhardts Financial anxiety: T&P, 13th Ed., 13th Edition. southmost Western educational Publishing,...If you want to get a full essay, order it on our website: BestEssayCheap.com

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