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MANAGING FINANCIAL RESOURCES AND DECISIONS - Essay Example

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Self Evaluation Report From the above study it is learnt that when an entrepreneur wants to start a company which is a risky one but probability of success is high then what type of financing should he obtain for? In this case the entrepreneur wanted to start a new software company, so he had to think about different source of financing…
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MANAGING FINANCIAL RESOURCES AND DECISIONS
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MANAGING FINANCIAL RESOURCES AND DECISIONS

Download file to see previous pages... He also had to choose the source of short term financing. When the business would be successful then the promoter has planned to make the company public which is the best option available for financing. Along with this the he would like to get finance from the banks or by issuing bonds. From the part B of the study the purpose of the financial statements was understood by the researcher. It was also clear that there are different formats of financial statements for different type of companies (sole trader, limited company and partnership). From the FTSE 100 companies GlaxoSmithKline was selected by the researcher and analysis of the company was done using ratio analysis. From this study the importance of ratio analysis also understood for taking the decision of investment in a company. ...Download file to see next pagesRead More
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