Fundamentals of Financial Management [CBCS]

As we all know Finance is the blood life of each and every organisation and the knowledge of management of finance is essential for each and every one specially for those who chosen their education in the field of commerce and management. Therefore the present book titled Fundamentals of Financial Management is written to serve the undergraduate students of commerce and management. The book is designed on the syllabus of Himachal Pradesh University, Punjab University and Kurukshetra University. The book has been divided into Eight chapters namely Introduction to Financial management, Financial planning, Capital structure, Cost of capital, Capital budgeting, Working capital, Working capital management and dividend decisions. Each chapter contains the theoretical part of each topic which is important for the students to understand the basic concepts. Along with the theoretical portion the book also contains solved numerical in each chapter related to each topic for making the concepts more clear. In the end of each chapter the theory as well the unsolved numerical are given for the practice of the students.…