Importance of Financial Management

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Added on 2022/12/01

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This article discusses the importance of financial management in business and its role in financial planning, procurement of funds, and utilization of funds. It also explores the significance of financial statements and ratios in analyzing a company's financial health. The article provides insights into the net profit ratio, gross profit, current ratio, and quick ratio. It concludes by highlighting the significance of financial management in achieving long-term profitability and growth.

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Importance of Financial Management

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