CourseLover

(12)

$10/per page/Negotiable

About CourseLover

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Engineering,Health & Medical,HR Management,Law,Marketing,Math,Physics,Psychology,Programming,Science Hide all
Teaching Since: May 2017
Last Sign in: 287 Weeks Ago, 1 Day Ago
Questions Answered: 27237
Tutorials Posted: 27372

Education

  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

Experience

  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Accounting Posted 15 Dec 2017 My Price 10.00

objective of Financial management

I wrote: "The objective of Financial management is wealth accrual over profit accrual, because profit accrual ignores Time Value of Money." Explain further. Why?

This is the statement I made but I need to back it up with why? Can you help me with that?

The objective of Financial management is wealth accrual over profit accrual, because profit accrual ignores Time Value of Money. All financial decisions recognize the importance of the concept ‘Time Value of Money’. Time Value of Money is one of the central ideas of finance for decision making. In business, investment is made today and returns are spread over a future period and companies want to know if the investment is desirable or not.

Answers

CourseLover
(12)
Status NEW Posted 15 Dec 2017 11:12 AM My Price 10.00

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