| University | Singapore Management University (SMU) |
| Subject | Financial Management |
Questions
- Define and explain fixed assets and their relationship with depreciation.
- Define working capital and its importance/role in business.
- Define the cash flow statement and its importance to the business.
- Explain the processes involved in budgeting.
- Study the below financial Statements and answer the following.
Income statement for the year ended 31st December 2017
Consolidated balance sheet as of 31st December 2017
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