Credit Rating is an assessment in terms of alphanumeric symbols to convey the creditworthiness of an individual, company financial instruments or a country. It is a simple and easily understood tool enabling the investor or lender the relative degree of risk associated with a loan amount on a debt instrument or a financial obligation. Credit rating is just an opinion [...]
Every business enterprise whether new or already established would need finance for its various programmes like new project implementation, expansion, modernization etc. At the same time, there are several sources of finance available to a business enterprise, which source of finance should be resorted for raising funds shall be decided by the type of requirements for which fund is needed [...]
Everything you need to know about the Objectives of Financial Management. Financial Management is an important functional area of business. The objectives of financial management should, therefore, be consistent with the overall objectives of the business. It is the duty of the top management to lay down the objectives or goals which are to be achieved by the business. In [...]