Answer / shreeram

A Branch of economics concerned with resource allocation as
well as resource management acquisition and investment.
Simply finance deals with matters related to money and the
markets

OR


A commercial activity of providing funds and capital

Answer / c vijay prasad

Finance is the art of manging funds

Answer / c.vijay prasad

finance is art & science of manging the money

Answer / vaishali soni

finance is that type of resource which can fulfills the need of any one in terms of money. in other manner we can say that finance can be any source like currency, gold, bonds, shares by which one can meet his financial needs. finance surrounded only by the money.

Answer / ajay

Finance is the set of activities dealing with the
management of funds. More specifically, it is the decision
of collection and use of funds. It is a branch of economics
that studies the management of money and other assets.

Answer / manga

acquisition of funds from different sources

Answer / ramana

FINANCE IS MANAGING OF MONEY

Answer / khushi

finance is the life blood of an organisation..it involves managing of funds..it is how you utilize your money for different departments in the organisation ..it involves risk bearing and budgeting..

Answer / mohammad sohail

Finance is the basic requrement for the firm because if u
want to run the business u need money for runing to ur
business these requirement fulfill by finance so we can say
that finance fulfil all necesary business activities which
related to money. Because u have planing , strategy,
policies for running the Business but without finance u
can't run ur business.

Answer / arpit kulshreshth

Fianance is like blood of an organization . Fiance is
related all the thing related to money . There so many
things is ther like working capital is there the money
which is currently used in the sysytem . Capital structure
is there which is the combination of debt and equity . Then
finance is also for analysing position of the company that
is the company is doing well or not . No company wil be run
without the Fianance.............

i have finished my mba finance., looking for a job but m not sure about the profile i should go in, can ny1 guide me.. it will be a gr8 help fr me.....

1 Answers  

Define the role of IT Officer in Banking sector?

0 Answers   IBPS,

When was National Green Tribunal (NGT) constituted?

0 Answers   Nabard, RBI,

what is the difference b/w consumer & customer?

12 Answers  

Classify Company With Respect to Liability?

0 Answers   Joint Stock Company,

How will you define the role of SEBI?

0 Answers   IBPS,

In the resrarch process, why is the problem defination stage probably the most important stage? What are the key issues that need to be addressed at this stage?

1 Answers   University,

Classify the balance of payment?

0 Answers  

What is a Balanced budget ?

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WHAT IS THE MEAN BY DEALER MANAGEMENT IN THE AUTO MOBILE COMPANY?

0 Answers   Capital IQ, Mercedes Benz,

mortgage case study 

2 Answers   HDFC, Stree Nidhi, XL Dynamics,

Read the case given below and answer the questions given at the end. Krutika Designers Ltd is an Indian company engaged in designing shirts for an international shirt manufacturer. Its operations are currently restricted to designing shirts for the Indian market. The firm is interested in extending its operations to the European markets, but is restricted by its lack of knowledge about the latest fashions and trends prevailing there. Hence, the firm has decided to open an office in Finland for establishing a network in Europe that will give the firm access to the needed information. The firm feels that its does not have the capability of sustaining itself in the foreign markets in the long-term, and will be able to generate additional revenue from these activities only for the next 5 years. After that, the Finnish office will have to be closed down. The firm anticipates an initial investment of Rs.14 million. The project is expected to generate the following cash flows over the 5 years period. Year Cash flow (Finnish Marks) 1 2 3 4 5 10,00,000 20,00,000 50,00,000 50,00,000 30,00,000 These cash flows are expressed in terms of today’s money. The firm can claim depreciation in India according to the Straight Line Method. The salvage value from the project is expected to be nil. The Finnish Government does not provide any incentives for foreign investments. However, currently it is making an attempt to have better economic ties with India. Hence, it has decided to extend a loan of 50,000 marks to Krutika Designers. The loan will be at a concessional interest rate of 7%. The loan is to be repaid in 5 equal annual installments which will include the interest payments. The project will generate additional borrowing capacity of Rs.5 million for the firm. However, as the firm does not have any firm contract with the international shirt manufacturer, its domestic revenues are expected to be very volatile. Therefore, there is no surely that the firm will be able to absorb the tax benefits arising out of depreciation and additional borrowing capacity. The firm does not intend to indulge in any illegal money transfers. The current spot rate for the Finnish Mark is Rs.7.25/FM. The inflation rates in India and Finland for the next 5 years are expected to be 8% and 3% respectively. The exchange rate is expected to move in tandem with the inflation rates. Indian tax rate is 35% while Finnish tax rate is 40%. India and Finland have entered into a tax treaty whereby the earnings of the residents of one country are taxable in that country only. In India, the nominal risk-free interest rate is 11%. The same is 6% in Finland. The Indian nominal interest rate (including risk-premium) is 15%, while that in Finland is 9%. The nominal all-equity rate in India is 18%. 1. Comment on the financial viability of the project. 2. What are the different circumstances in which nominal all-equity discount rate and real all equity discount rate should be used for discounting the cash flows? Explain the rationale behind it. 3. Comment on the financial viability of the project if the firm is sure about being able to absorb the tax benefits arising out of depreciation and increased borrowing capacity. 4. Explain the concept of exchange risk and how it affects an international project. 5. How can the financial structure of a project be used to overcome repatriation restrictions? What are the additional benefits of such maneuvers?

0 Answers