'S' Limited is manufacturing steel at its plant in India. It's enjoying a buoyant demand for...
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'S' Limited is manufacturing steel at its plant in India. It's enjoying a buoyant demand for its product as economic growth is about 7 to 8% and the demand for steel is growing. It is planning to set up a new steel plant to cash on the increased demand it is facing. It is estimated that it will require about Rs.5,000 crores to setup and about Rs. 500 crores working capital to start the new plant. (a) What is the role and objectives of financial management for this company? (b) What is the importance of having a financial plan for this company? Give an imaginary plan to support your answer. (c) What are the factors which will affect the capital structure of this company? (d) Keeping in mind that it is highly capital intensive sector. What factors will affect the fixed and working capital. 'S' Limited is manufacturing steel at its plant in India. It's enjoying a buoyant demand for its product as economic growth is about 7 to 8% and the demand for steel is growing. It is planning to set up a new steel plant to cash on the increased demand it is facing. It is estimated that it will require about Rs.5,000 crores to setup and about Rs. 500 crores working capital to start the new plant. (a) What is the role and objectives of financial management for this company? (b) What is the importance of having a financial plan for this company? Give an imaginary plan to support your answer. (c) What are the factors which will affect the capital structure of this company? (d) Keeping in mind that it is highly capital intensive sector. What factors will affect the fixed and working capital.
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a The role and objectives of financial management for this company is to ensure that the com... View the full answer
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078025655
7th edition
Authors: Thomas Edmonds, Christopher Edmonds, Bor-Yi Tsay, Philip Old
Posted Date:
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