Question

Purpose of finance companies

Purpose of finance companies

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Answer #1

The ultimate purpose of corporate finance is to maximize the value. It can apply to products, services, companies, management, and of a business through planning and implementation of resources, while balancing risk and profitability. FINANCE is the function in a business responsible for acquiring funds for the firm, managing funds within the firm, and planning for the expenditure of funds on various assets. FINANCIAL MANAGEMENT is the job of managing a firm's resources so it can meet its goals and objectives.

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