the two most important disciples on which financial management relies are accounting and economics an economic principle used in finance is: Marginal analysis where marginal costs are set equal to marginal revenues a potential agency conflict can arise between stockholders and creditors because owners may
Financial management draws heavily on the following related disciplines -accounting -macroeconomics -microeconomics The difference between a firm's annual after-tax operating profit and its total annual cost of capital is known as economic value added All of the following are advantages the corp form/except
There is a separation of ownership and control in corporations Among the most important agency relationships in the context of finance is (are) the relationship(s) between stockholders and creditors
Ford Motor Company "Financial decisions should be consistent with the goal of shareholder wealth maximization. However, there may be a divergence between shareholder wealth maximization and the actual goals of management.