FIN 200 financial_management_goals

Apr 16th, 2015
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Hi there.This document contains A+ work for the course FIN 200.I am sure that this work will not disappoint you.This document will give you the correct answers to the respective questions about the particular course.

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Running head: FINANCIAL MANAGEMENT GOALSFinancial Management GoalsStudent NameCollege NameFinancial Management GoalsThe main goal of financial management is to try and make the highest possible profit for the company, which in turn makes money for the stockholders or shareholders. The most important weapon a manager has in making a profit is from the accounting books, or better known as the financial statement. It is imperative that the managers know how to read and understand this statement if they are going to succeed and help their company succeed. A good financial manager will try to maximize the company's revenue at the same time they minimize the company's expenses. By reducing wasted materials, keeping a balanced inventory and reinvesting incoming cash a manager can accomplish this goal (Fretwell, 2009). However, even some of the best intentions can turn out bad,

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