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The Goals and Functions of Financial Management

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Across
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Long-term plant and equipment
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Multiple ownership
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provides a structure for decision making in such areas as risk analysis, pricing theory through supply and demand relationships, comparative return analysis
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Financial Capital
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is closely related to economics and accounting
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those markets dealing with short-term securities
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when someone has information that is not available to the public and then uses this information to profit
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form of organization represents single-person ownership
Down
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those markets where securities have a life of more than one year
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were created as insurance against borrowers defaulting on their loans
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gross domestic product, unemployment, inflation, interest rates, and taxes
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are the meeting place for people, corporations, and institutions that either need money or have money to lend or invest
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language of finance because it provides financial data through income statements, balance sheets, and the statement of cashflows
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The rate at which the general level of prices for goods and services is rising
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is unique it is a legal entity unto itself