1.3 The Financial Manager Three main tasks of a financial manager: 1. Make investment decisions 2. Make financing decisions 3. Manage short-term cash needs Making Investment Decisions - Financia l man... ager must weigh the costs and benefits of each investment or project and decide which ones qualify as good uses of the money stockholders have invested in the firm - These decisions shape what the firm does and whether it will add value for its owners - Must weigh development and production costs against uncertain future sales - Capital budgeting: [Show More]
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