WORKING CAPITAR MANAGEMENT.

is trour do we manage the day$-$to$-$day finance.

The vitimate goal of tinancial mgt$?$

maximize the value of an organization while

sustainability. $$ wrrent value per share of the

Main charactenstics of corporation?

A legal "eersity" "distinct trom the ouners and

ADVANTAGES:

longrightarrow limited liability

$$ unlimited life

$$ separation of aunersnip & mgt

$$ Transfer of ownesship is easy.

$$ trasier to raise capital