3 Important Viewpoints Why You Need To Study Finance
1. From the viewpoint of owner:
a) To achieve the ultimate goal
b) Expansion of business
c) Dissolution of business
d) Combination of business
e) To increase of share value
2. From the viewpoint of management:
a) Preliminary expenses (legal expenses, registration cost, media cost etc.)
b) Acquire of fixed assets
c) Acquiring of current assets (cash, raw materials)
d) Current expenditure (rent, wages, gas bill, electric bill, stationery, telephone, transport)
e) Risk management
f) Fixing of price
g) Credit sales and purchases
3. From the viewpoint of creditors