Question

In the Modern Phase, what critical issues does financial management encompass for the maximization of wealth?

a.

Only Determination of size and growth rate of the enterprise

b.

Only Working Capital Management

c.

Determination of size and growth rate of the enterprise, Financing and Capital Structure/Capital budgeting Decisions, Procurement of funds and analysis of cost of capital, Management of funds for better ROI, Working Capital Management, Investment Decisions, Dividend Decisions, and more

d.

Only Investment Decisions

Posted under IC 89 Management Accounting

Answer: (c).Determination of size and growth rate of the enterprise, Financing and Capital Structure/Capital budgeting Decisions, Procurement of funds and analysis of cost of capital, Management of funds for better ROI, Working Capital Management, Investment Decisions, Dividend Decisions, and more Explanation:In the Modern Phase, financial management encompasses critical issues for the maximization of wealth, including Determination of size and growth rate of the enterprise, Financing and Capital Structure/Capital budgeting Decisions, Procurement of funds and analysis of cost of capital, Management of funds for better ROI, Working Capital Management, Investment Decisions, Dividend Decisions, and more.

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Q. In the Modern Phase, what critical issues does financial management encompass for the maximization of wealth?
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