BUISENESS MANAGEMENT
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the marketability of the pledged goods
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their associated price stability of the goods
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the perishability of the goods
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the control of the goods by the manufacturer
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Detailed explanation-1: -The extent to which inventory financing may be employed is based on all of the following, except: the marketability of the pledged goods.
Detailed explanation-2: -The extent to which inventory financing may be used depends on the perishability of goods because as long as the goods are available it is possible to pay them back regardless of the market price, marketability of goods, or price stability. Goods bought can be used as collateral for the acquired loan.
Detailed explanation-3: -Financial Management is a study of planning, designing, directing and managing the economic activities such as the utilization of capital and acquisition of the firm. To put it in other words, it is applying general management standards to the financial resources of the firm.
Detailed explanation-4: -Solution: The primary goal of the financial management is to maximize the wealth of owners.
Detailed explanation-5: -The goal of financial management is to maximize shareholder wealth.