Financial management plays an imperative role in managing financial affairs of a business enterprise. The various dimensions of financial management assist a business firm in taking accurate financial decisions at each and every stage. During preliminary stage financial management help a business firm to procure sufficient funds and that too at minimum possible cost with the techniques of capitalization, capital structure and cost of capital. Further it helps a business organization in proper utilization of funds through fixed assets management and working capital management. Finally a business enterprise distributes the surplus by adopting sound dividend policy. This book is an attempt to lay emphasis on various aspects of financial management.
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