CPA-3-Financial-Management

Institution KASNEB
Course CPA
Year 1st Year
Semester Unknown
Posted By stephen
File Type pdf
Pages 205 Pages
File Size 1.15 MB
Views 1828
Downloads 0
Price: Buy Now whatsapp Buy via whatsapp
  • whatsapp
  • facebook
  • twitter

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
Below is the document preview.

No preview available
PSYCHOMOTOR ACTIVITIES SCHEMES OF WORK PP2 TERM3 Trending!
UPDATED PSYCHOMOTOR ACTIVITIES SCHEMES OF WORK PP2 TERM3
9 Pages 3317 Views 0 Downloads 790.69 KB
CRE SCHEMES OF WORK PP2 TERM2 Trending!
UPDATED CRE SCHEMES OF WORK PP2 TERM 2
3 Pages 3153 Views 0 Downloads 392.58 KB
ENVIRONMENTAL ACIVITIES SCHEMES OF WORK PP2 TERM2 Trending!
UPDATED SCHEMES OF WORK PP2 TERM2
7 Pages 2891 Views 0 Downloads 633.1 KB
MATHEMATICS SCHEMES OF WORK PP2 TERM2 Trending!
UPDATD MATHEMATICS SCHEMES OF WORK PP2 TERM2
9 Pages 3839 Views 0 Downloads 614.05 KB
ART SCHEMES OF WORK PP1 TERM2 Trending!
UPDATED ART SCHEMES OF WORK PP1 TERM2
8 Pages 2756 Views 0 Downloads 628.91 KB
MUSIC SCHEMES OF WORK PP1 TERM2 Trending!
UPDATED MUSIC SCHEMES OF WORK PP1 TERM2
5 Pages 3057 Views 0 Downloads 638.12 KB
MUSIC SCHEMES OF WORK PP1 TERM1 Trending!
UPDATED MUSIC SCHEMES OF WORK PP1 TERM1
5 Pages 3301 Views 0 Downloads 638.12 KB
PSYCHOMOTOR ACTIVIES SCHEMES OF WORK PP1 TERM2 Trending!
UPDATED PSYCHOMOTOR ACTIVIES SCHEMES OF WORK PP1 TERM2
18 Pages 3196 Views 0 Downloads 852.2 KB
MATHEMATICS SCHEMES OF WORK PP1 TERM1 Trending!
UPDATED MATHEMATICS SCHEMES OF WORK PP1 TERM2
16 Pages 3903 Views 0 Downloads 845.17 KB
MATHEMATICS SCHEMES OF WORK PP1 TERM2 Trending!
UPDATED MATHEMATICS SCHEMES OF WORK PP1 TERM2
24 Pages 3579 Views 0 Downloads 864.34 KB