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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 | 2205 |
| Downloads | 0 |
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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
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DBMS NOTES
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UCI 204: RELATIONAL DATABASE SYSTEMS
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Introduction to SQL
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CONTRACT OF INSURANCE
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Insurance is a contract whereby one person undertakes to indemnify another person
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BANKRUPTCY
Debt collection is a common feature of the enforcement of contractual obligations in commercial transactions. Where, for instance, payment of the contract price is not made voluntarily, the creditor may be compelled to employ measures necessary to enforce recovery.
12 Pages
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SPH 441: MICROPROCESSOR APLLICATIONS
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