It became evident that the payback method is still often used in organizations all over the world despite its criticism by the academicians, making inference from the analysis of companies in Europe, America and Africa. The importance of the payback method, which includes but not limited to its simplicity, liquidity ...
The finance function refers to following three major decisions which the finance manager has to take: 1. Investment Decision 2. Financial Decision 3. Dividend Decision 1. Investment Decision: The first and foremost decision is concerned with the allocation of funds to different investment proposal. This decision relates to the careful selection of assets in ...