Question

Please describe the three key cash related activities of financial managers? Would you ever be interested...

Please describe the three key cash related activities of financial managers?

Would you ever be interested in a career in financial management ? 

Homework Answers

Answer #1

There are three main activities of the financial manager:
1. Investment decisions: Since every firm has a limited resources and different projects to be handled, these decisions involve selecting the best projects given the available resources.
2. Financing decisions: These decisions mainly address how to meet the requirements of financing the projects like by increasing the debt or equity.
3. Divided decisions: It involves decisions like how much divided to be paid and how much to be retained.
Yes, I am highly interested in the role of financial manager because these of these 3 roles. These are the key roles in any company and hence it makes this position very important.


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