PART B: ANSWER FOUR OUT OF FIVE QUESTIONS 4 X 5 = 20 MARKS 1. In the real world, what are the main challenges that a Finance Manager faces while trying to run a business entity? Elaborate on the same. 2. Financial statements are an important element of any organization. Discuss their significance and elaborate on the main financial statements used in business. 3. What are the steps in the life cycle of a Project? Elaborate on the same. 4. Valuation of shares is an important tool to evaluate the ongoing performance of any company. Under what circumstances does valuation become imperative? 5. What is meant by Capital Structure of a company? In this context, describe the various sources of funding available to companies