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Financial management involves planning for the future of a business to ensure positive cash flow. It includes mobilizing and effectively utilizing funds. Some key functions of financial management include capital budgeting decisions, capital structure decisions, dividend decisions, working capital management, financial analysis and planning, profit planning, corporate taxation, and acquisitions and amalgamations. Capital budgeting involves deciding which long-term investment projects to fund. Capital struct

Author

bhagamkrishna

Language

EN