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Assignment

CLO Course learning outcome

CLO1 Explain the role and importance of Financial Management within any organization.

CLO2 Explain the difference between accounting profits and cash flows.

CLO3 Demonstrate a critical understanding of interest rates, and the time value of money

Course Learning Outcomes Coverage

Questions

CLOs

1

1

2

2

3

3

Instruction to the students:

a) Assignment answers should be submitted only through Turnitin

b) Deadline for submitting the Assignment will be 25th April 2018.

c) Each assignment question carries five marks

Q 1 Business goal can be achieved only the effective management of finance. Explain the importance of financial management in a Limited Liability company in UAE.

Q2. Interpret the various factors affect the cash flow of a Corporation.

Q3. Abdullah is working as a supervisor in an organization. He will retire from the company on 31st July 2018. He will not get pension from the company after his retirement. He wishes to deposit some amount in a bank which earns interest @ 8% per year. Please advise Abdulla how much he invests to get an interest income of $30,000 a year.

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