Fi 515 Homework 1 Mini Case

Mini Case Page 45: a. Why is collective finance important to all(prenominal) managers? Financial managers process in umpteen different aras of the bloodline environment. They use the in institution provided by the accounting managers in deduce how to invest it to maximize firm profits. The pecuniary managers create a number of internal and aside regions. Financial managers are involved in outstanding organization 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 drop dead to communicate earning and dividends news to shareholders, commendationors, etc. They may also be involved in the firms capital budgeting efforts and seeks out opportunities for the firm to mention up its strategic objectives. The financial manager also assesses soul hurl opportunities. As a result of the impact of a financial manager on the entire tr ade environment, it is arrogant for all managers to understand the role of corporate finance because it hand assist all managers in making effective periodic business decisions that will maximize firm profits. b. Describe the organizational forms a participation might grow 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 honorabley 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 d isadvantages are that they have a limited li! fe, unlimited li efficacy, and it is exhausting 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. southwestern Western educational Publishing,...If you want to get a full essay, order it on our website: BestEssayCheap.com

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