Join Our WhatsApp Channel for Updates!
CPA-3-Financial-Management
| Institution | KASNEB |
| Course | CPA |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | stephen |
| File Type | |
| Pages | 205 Pages |
| File Size | 1.15 MB |
| Views | 2192 |
| Downloads | 0 |
| Price: |
Buy Now
 Buy via
whatsapp
|
Description
Financial Management is a discipline concerned with the generation and allocation of scarce resources (usually funds) to the most efficient user within the firm (the competing projects) through a market pricing system (the required rate of return). A firm requires resources in form of funds raised from investors. The funds must be allocated within the organization to projects which will yield the highest return. We shall refer to this definition as we go through the subject.
1. 2 Required Rate of Return (Ri)
The required rate of return (Ri) is the minimum rate of return that a project must generate if it has to receive funds. It’s therefore the opportunity cost of capital or returns expected from the second best alternative. In general, Required Rate of Return = Risk-free rate + Risk premium
Below is the document preview.
DIRL 012: Foreign Policy
Trending!
The term foreign policy refers to a state's international goals and its strategies to achieve those goals. Foreign policy is the manner in which a country behaves toward other members of the international community. It involves a state setting an agenda and using its resources to achieve established goals.
2297 Views
1 Downloads
705.19 KB
FAMILY LAW
In one social context a family may refer to a man and a woman who share a common household. In another, it is defined as all persons who share blood relations. In others, it is defined as all persons who share a household. In others still it means all the members of a household, including parents and children with perhaps other relations, lodgers and even servants.
693 Views
0 Downloads
3.21 MB
Public International LAW
Public International law is that body of law which is composed of the principles and rules of conduct which states feel bound to and do observe in their relations to each other. It also includes rules of law relating to the function of international institutions or organizing their relations with each other and the states and to the individuals as well as certain rules of law relating to individuals and non-state entities in so far
as the rights and duties of such individuals and non-state entities are the concern of the international communities.
171 Pages
942 Views
0 Downloads
1.77 MB
EPS 400: EDUCATIONAL STATISTICS AND EVALUATION
Trending!
The unit focuses on what statistics is and its uses in the context of education and counselling and other related areas. Its relationship to measurement (evaluation) is brought out by analyzing keys terms namely, data (numeric information), variable, continuous and discrete variable, descriptive and inferential statistics.
123 Pages
3491 Views
0 Downloads
2.75 MB
Introduction to Computer Application
Computer applications is the knowledge, skills and attitudes that enable a computer user to operate and use different computer application programs (software) or packages to accomplish various tasks.
25 Pages
776 Views
0 Downloads
855.48 KB
PROBATE AND ADMNISTRATION
A limited grant is a grant that does not give the personal representative authority
to act with respect to the whole estate in all respects until the administration is
completed. It is a restricted grant. The grant may be limited as to special purpose,
property or time or it may be one of the special types.
23 Pages
374 Views
0 Downloads
194.96 KB
ATP 102: PROBATE AND ADMNISTRATION
Trending!
This is the branch of law that deals with inheritance. The concept of inheritance is universal to all societies irrespective of their legal system, ideology or religion. This arises out of three basic philosophical considerations:
138 Pages
2144 Views
0 Downloads
1.28 MB
LAW OF SUCCESSION
This is the branch of law that deals with inheritance. The concept of inheritance is universal to all societies irrespective of their legal system, ideology or religion. This arises out of three basic philosophical considerations: that man needs to acquire some property for his own sustenance and leading a good life. Inheritance is one of the means through which property is acquired, the fact that man dies and leaves behind his property that should continue to be owned by those who are left behind, and the fact that man instinctively wants to have some control over his property even upon his demise.
591 Views
1 Downloads
1.01 MB
ATP 100: CIVIL LITIGATION
Trending!
Assuming the defendant has been served and opted not to defend the plaintiff may apply for judgment in default of defence. One has to find out whether they are entitled to final or interlocutory judgment both of which have different procedures. Assuming Defendant chooses to defend the action and as such has filed a defence.
126 Pages
2188 Views
8 Downloads
997.87 KB
CIVIL LITIGATION SUMMARY NOTES
Trending!
Civil litigation is a process of making or defending or resisting a claim form the beginning up to its successful end by the enforcement of a judgment, if it is made.
60 Pages
2554 Views
1 Downloads
1.11 MB