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What are the importance of financial management in any business organization?

Financial management is the managing of income and expenditure and also about making decision that will enable the business to survive financially. The aim is to create ggggggggggggwealth and generate cash in order to make the business profitable.


What is growth and decline?

growth is when a business has made many good improvements for the business to survive or the years decline is when the business is not good and the govern wants to get rid of it


How does the possibilty of financial intermediation increase the efficiency of the financial system?

Financial intermediation is a way of indirect finance. Some lenders prefer lend indirectly via financial intermediaries by using financial instruments. Indirect finance is as important as direct finance for the financial system to survive. Thus, financial intermediation is an asset for an efficient financial system.


Is there a calculation to work out how long a business can survive without income?

Yes, a business can estimate how long it can survive without income by calculating its cash runway. This involves assessing the total cash reserves and dividing that by the monthly operating expenses. Additionally, businesses should consider fixed and variable costs, as well as any outstanding debts, to get a more accurate picture of how long they can operate without revenue. Regular financial projections can help in planning for potential downturns or income gaps.


Will GMAC Financial survive?

I believe, GMAC will survive. The new guidelines that they are using for home mortgages are extremely safe. Fully documented income, fairly low loan to value loans, and solid credit history usually is a safe bet. Josh Harmatz Voyage Financial Group

Related Questions

Which of amoeba and paramecium and euglena can survive the most adverse conditions?

Amoeba can survive the most adverse conditions due to its ability to form a protective cyst. This cyst helps amoeba withstand extreme temperatures, pH levels, and lack of nutrients until conditions become favorable again. Paramecium and Euglena do not have this cyst formation capability and are less resilient in adverse conditions.


What are the importance of financial management in any business organization?

Financial management is the managing of income and expenditure and also about making decision that will enable the business to survive financially. The aim is to create ggggggggggggwealth and generate cash in order to make the business profitable.


What act of nature tests the boy's ability to survive?

The act of nature that tests the boy's ability to survive is a harsh winter. The extreme cold and lack of food make survival difficult, but the boy's resilience is showcased as he perseveres through these adverse conditions.


How the ability to from a cyst helps a parasitic protozoan to survive?

A protist can survive in an adverse environment by encapsulating itself with a protective coating called a cyst. The cyst defends the protist in extreme temperatures against toxic chemicals and even when there is a lack of oxygen, moisture, and food.


What are factors which affect the ability of a corporation to survive?

Factors affecting a corporation's ability to survive include market competition, financial stability, effective leadership, adaptability to changing market conditions, innovation, and maintaining strong customer relationships. Other factors may include regulatory compliance, operational efficiency, risk management, and the ability to attract and retain talented employees.


Why and how business enter and survive in foreign market?

Why and how business enter to survive in foreign market


What did Darwin call the ability to survive and reproduce?

Darwin called the ability of an organism to survive and reproduce in its environment fitness.


Will hostess brands survive?

When IBC purchased the Wonder- Hostess Brands and facilities from Continental Baking, there was no way they could service the debt. It was a bad business decision at the time. The ability to survive was never in doubt, they were doomed from Day 1.


How is relevant costing useful in determining the good business decision making?

Relevant costing is important to good business decision making because it allows a company to price their goods and services for maximum sales. Without the ability to make sales, no business will survive.


How does sunlight affect the ability of plants to survive?

Without sunlight, plants can not survive.


What is AN fitting?

It is an organism's ability to survive and reproduce.


What helps a butterfly survive?

Ability to fly.