Question: QUESTION 1 [20 Marks] 1.1 Explain THREE (3) major goals of financial management. (6 marks) 1.2 In establishing a sound credit policy, decisions should be

QUESTION 1 [20 Marks] 1.1 Explain THREE (3) major goals of financial management. (6 marks)

1.2 In establishing a sound credit policy, decisions should be taken on at least FIVE (5) factors. Name and explain these factors. (10 marks)

1.3 Discuss debentures as a form of long-term financing for a company. (4 marks)

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