Finance Homework HelpFinance is the science of managing funds in the organization. The main areas of finance are personal finance, public finance & business finance. Finance deals with the concept of time value of money and risk associated with it. Finance also deals with budgeting of money and how they are spent to run the business. Finance tells us how money is invested in the various sectors of economy, so that it can generate revenue for the investors. There are various sources of finance like bonds, debentures, stocks, & loans from public or banks etc. Finance is the branch of economics which deals with the management of money and other assets.
Finance includes various services like insurance, banking, and investment and also deals with the financial instruments in the market. As a subject, finance deals with the portfolio management, valuation of bonds, cost accounting, preparation of financial statements, lease financing, hire purchase system, merger and acquisition, amalgamation etc. Finance as a subject is significant with respect to the development of understanding among the students about the basic financial skills and functions.
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Finance is the science of managing funds in the organization. The main areas of finance are personal finance, public finance & business finance. Finance deals with the concept of time value
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