01 the role and environment of managerial finance

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... The Managerial Finance Function • The size and importance of the managerial finance function depends on the size of the firm • In small companies, the finance function may be performed by the. .. economics and accounting Identify the primary activities of the financial manager Explain the goal of the firm, corporate governance, the role of ethics, and the agency issue Copyright © 2006... 1.00 $ 1.40 $ 3.00 • Profit maximization fails to account for differences in the level of cash flows (as opposed to profits), the timing of these cash flows, and the risk of these cash flows Copyright
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