Explain the key difference between what financial management focused on in the past versus today.
Answer to relevant QuestionsWhat are the four financial objectives? What do they mean?What is an operating decision? Give some examples. 1. If managers want to earn a 12% ROA, how much profit must the company generate? 2. If managers want to earn a 15% ROA, how much profit must the company generate? Non-current assets ........... $ 1,260,000Current assets ...Is there a difference between the book value of accounts shown on the statement of financial position and market value? Explain. What kind of decisions can be made when analyzing financial statements?
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