Q1. What do you understand by the term Financial Management? Explain the various objectives and the scope of Financial Management. Q2. Fab Folio is evaluating a proposal to install a new plant setup at a cost of Rs. 5,00,000. It has a life expectancy of 6 years and salvage value is nil. Tax rate is 35%. The estimated cash flows are as follows: rou are required to evaluate the proposal using: a) Payback period b) Internal rate of return c) NPV@10\% discount rate d) Profitability index @ 10\% discount rate