Financial Management

Revenue vs. Profit

Revenue and profit are two important parameters in any business. Revenue is the sum of money that a business generates from selling its goods or services whereas profit is …

Wealth Maximization

Wealth maximization is a modern approach to financial management. Maximization of profit used to be the main aim of a business and financial management till the concept of wealth …

Profit Maximization

Profit maximization is the main aim of any business and therefore it is also an objective of financial management. Profit maximization, in financial management, represents the process or the …
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