What is financial system how it helps firms to raise short


Q1. What is financial system? How it helps firms to raise short term and long term funds requirements?

Q2. What are major components of financial statements? What purposes it serves to its users.

Q3. Define GAAP and its needs in financial decision making. Also discus five important accounting principles.

Q4. What are the different categories of common financial ratios? Explain them with their formulas.

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Finance Basics: What is financial system how it helps firms to raise short
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