Capital rationing refers to a condition where a firm is not in a position to invest in all profitable projects due to the constraints on accessibility of funds. It is a known fact that the financial resources are always inadequate and the demand for them far exceeds their availability. It is for this reason that the firm cannot take up [...]
A ratio is an arithmetical tool that measures the relationship between two figures that are interdependent and interrelated with each other. Ratio is expressed by dividing one figure by another related figure. Ratio analysis is one of the powerful tools of financial analysis. It indicates a quantitative relationship between the figures and group of figures which are used for evaluation [...]
Everything you need to know about the scope to financial management. To understand the scope and functions of financial management, it becomes essential to explain its approaches. The importance of financial manager in the business is increasing with the passage of time. The financial manager occupies a significant place in modern business. The scope of financial management can be studied [...]