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Basics of Capital Budgeting * Profit Maximization & Wealth Maximization ",#(7),01444'9=82. Chapter 1 -- An Overview of Financial Management What is finance: cash flows between capital markets and firm’s operations The goal of a firm Forms of business organization Intrinsic value and market price of a stock Important business trends <> 11 0 obj 4 • The framework for financial management CHAPTER 1 Sample financial-management policies Financial-management Policies for the _____ Water/Wastewater System General policies Applicability: Financial policies of the board of directors shall conform to applicable state statutes, local ordinances, and other legal obligations of the system. Academia.edu is a platform for academics to share research papers. FIN2601 Study Unit 4 Exam Questions. 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