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1. What is the key goal that guides the decisions of financial managers? What challenges do financial managers face when they try to find the
1. What is the key goal that guides the decisions of financial managers? What challenges do financial managers face when they try to find the best sources and uses of funds to meet this goal?
2. List the four basic types of financial ratios used to measure a companys performance, give an example of each type of ratio and explain its significance.
3. What are the key questions financial planning must answer? What role does the budgeted income statement and budgeted balance sheet play in finding answers to these questions?
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