A Discussion on Financial Management
Question Description
- Find information about the following topics
- Introduction to Financial Management
- Income Statement and Statement of Cash Flow
- Answer the following questions:
- Compare and contrast the goals of maximizing profit and maximizing stockholders equity.
- What is the relation between financial decisions with risk and return?
- Define proprietorship, partnership, and corporation.
- Describe the financial statements of a company: Balance Sheet, Income Statement, and Statement of Cash Flows.
- What is the difference between gross profit, operation profits and net income?
- What is the difference between dividends and interest expense?
- What is net working capital; and how is it different from gross working capital?
- Discuss the reason why a company that has a positive cash flow and can have financial problems while another company might have a negative cash flow with a good financial position.
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