Financial Management
Chapter-1
Introduction :
Finance is regarded as the life blood of a business enterprise. Finance is one of the basic foundation of all kinds of economic activities. It is the master key which provides access to all the sources for being employed in manufacturing and trading activities. Efficient management of every business enterprise is closely linked with efficient management of finance.
In general, finance may be defined as the provision of money at the time it is needed.
Financial management may be defined as procurement of funds and their effective utilization.
This study has undertaken with some predetermined objectives like evaluate the general efficiency of business, to measure the financial solvency of the company, to use financial ratios for forecasting and planning, to facilitate decision making and to take corrective actions.
This project report makes an analysis of financial health of company under study through tools like ratio analysis.
Scope of the Study :
This study is mainly focused on the financial performance of the company. It is needed to get a clear picture of the company’s performance over the last 2 years financial periods.
Statement of the problem:
Analysis of the performance is one of the major requirements for planning. It is necessary to know where we are in comparison with the industry. It is also necessary to bridge the gap between the current and expected postposition by taking corrective measures. Ratio analysis is on of such tool available to analyze the financial performance.
Objectives of the Study :
1) To use financial ratios for forecasting and planning.
2) To take corrective actions.
3) To assess the financial health using ratio analysis.
4) It helps in decision making.
5) Helps us to compare the 4 financial period.
Research Methodology:
The data can be collected in two different ways i.e.
Through primary data
Introduction :
Finance is regarded as the life blood of a business enterprise. Finance is one of the basic foundation of all kinds of economic activities. It is the master key which provides access to all the sources for being employed in manufacturing and trading activities. Efficient management of every business enterprise is closely linked with efficient management of finance.
In general, finance may be defined as the provision of money at the time it is needed.
Financial management may be defined as procurement of funds and their effective utilization.
This study has undertaken with some predetermined objectives like evaluate the general efficiency of business, to measure the financial solvency of the company, to use financial ratios for forecasting and planning, to facilitate decision making and to take corrective actions.
This project report makes an analysis of financial health of company under study through tools like ratio analysis.
Scope of the Study :
This study is mainly focused on the financial performance of the company. It is needed to get a clear picture of the company’s performance over the last 2 years financial periods.
Statement of the problem:
Analysis of the performance is one of the major requirements for planning. It is necessary to know where we are in comparison with the industry. It is also necessary to bridge the gap between the current and expected postposition by taking corrective measures. Ratio analysis is on of such tool available to analyze the financial performance.
Objectives of the Study :
1) To use financial ratios for forecasting and planning.
2) To take corrective actions.
3) To assess the financial health using ratio analysis.
4) It helps in decision making.
5) Helps us to compare the 4 financial period.
Research Methodology:
The data can be collected in two different ways i.e.
Through primary data