finance

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Title: finance

Essay Details:

Subject: Miscellaneous

Author: Charles P

Date: August 16, 2015

Level: University

Grade: A

Length: 7 / 2081

Essay text:

Economics also provides the broad picture of the economic environment in which corporations ymust continually make decisions.y A financial Manager must understand the institutional structure of the Federal Reserve System, the ycommercial banking system, and the interrelationships between the various sectors of the economy.y Economic variables such as gross domestic product, industrial production, disposable income, yunemployment, inflation, interest rates, and taxes must fit into the financial manager's decision model yand be applied correctly.y Accounting is sometimes said to be the language of finance because it provides financial data through yincome statements, balance sheets, and the statement of cash flows...

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