5.1 role of finance function
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- Created on: 04-10-20 14:42
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- 5.1:role of finance function
- calculating the average rate of return to measure how well the business is doing
- calculating break even output needed to avoid a loss
- managing payments (wages, bills) and receipts of money (from sales)
- arranging finance eg from loans or shares.
- forecasting cash flow- expected revenues and expenditures (costs) to decide if finace
- calculating sales and revenues and production costs.
- calculating profit or loss using sales revenue and production cost
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