Importance of Financial Management in Business Finance

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Added on 2022/12/27

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This report discusses the importance of financial management in business finance, including its role in financial planning, procurement of funds, and utilization of funds. It also explores the use of financial statements and ratios in financial management. The report provides insights into the net profit ratio, gross profit, current ratio, and quick ratio as measures of financial performance. Overall, it emphasizes the significance of financial management in achieving business goals and improving profitability.

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Importance of Financial Management in Business Finance

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