Commodity Market The commodity is a physical well that can be bought or sold in the Commodity market. The commodity market is a market that trades in…
Branch Banking Branch banking is the operation of storefront locations away from the institution’s home office for the convenience of customers. It refers to a bank that…
Wealth Maximization goal of financial management Wealth maximization goal of financial management The primary goal of financial management is shareholder wealth maximization, which translates into maximizing the price of the firm’s…
Profit maximization goal of financial management Profit maximization goal of financial management The maximization of the firm’s net income is called profit maximization. It is mainly a short-term goal and mainly…
Financial Management meaning Financial management is the concerned acquisition, financing, and management of assets with some overall goal in mind. It refers to the efficient and effective management…
Objectives of the establishment of the World Bank and its criticism The International Bank for Reconstruction and Development (IBRD), commonly referred to as the World Bank, is an international financial institution whose purposes include assisting the…
World Bank – Objectives and Functions The International Bank for Reconstruction and Development (IBRD), commonly referred to as the World Bank, is an international financial institution whose purposes include assisting the…
Difference between ordinary annuity and annuity due The difference between ordinary Annuity and Annuity Due are below: Ordinary Annuity: Definition: Ordinary annuity is the payment or receipt occurs at the end of each…
Difference between Discounting and Compounding The process used to resolve the future value of the present investment is known as Compounding. It is the procedure of earning interest over time.…
What are the determining factors of time value of money? The time value of money relevant to making financial decisions because: Investment decision: Investment in current tear and cash inflows received in future from that…