Managing finacial resources & decisions

Page 1

MANAGING FINANCIAL RESOURCES & DECISION MAKING

Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


TABLE OF CONTENTS INTRODUCTION ...........................................................................................................................4 task 1 ................................................................................................................................................4 1.1 Available sources of finance for Sweet Menu Restaurant Ltd. .............................................4 1.2 Assessment of implications of the sources of finance ...........................................................5 1.3 Evaluations of the most appropriate sources of finance for Sweet Menu Restaurant expansion plans ............................................................................................................................6 Task 2 ...............................................................................................................................................6 2.1 Analyses of the costs of the different sources of finance.......................................................6 2.2 Importance of financial planning for Sweet Menu Restaurant ..............................................7 2.3 Assessment of the information needs of different decision makers in Sweet Menu Restaurant ....................................................................................................................................8 2.4 Impact of sources of finance on financial statements of Sweet Menu Restaurant .................9 Task 3 ...............................................................................................................................................9 3.1 Analysis of the budget and appropriate decisions..................................................................9 3.2 Calculation of the unit costs (meal cost) and making pricing decisions .............................10 3.3 Assessment of the viability of two projects using investment appraisal techniques ...........10 b) Net Present Value (NPV) ............................................................................................. 12 Task 4 .............................................................................................................................................13 4.1 Main financial statements of an organization ......................................................................13 4.2 Comparison of appropriate formats of financial statements for different types of business13 4.3 Interpretation of the financial statements using ratio analysis ............................................14 conclusion ......................................................................................................................................15 references ...........................................................................................................................................

Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


SAMPLE ON MANAGING FINANCIAL RESOURCES & DECISION MAKING FOR DISSERTATION HELP KINDLY CONTACT AT : help@onlinedissertationwriting.co.uk

Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


INTRODUCTION Financial Management (FM) can be defined as an effective and efficient allocation of the available funds for attaining organizational objective in effective manner (Khamees and AlThuneibat, 2010). It is a very important function of every organization because it helps in increasing profitability and wealth. Moreover, it assists in managing cash flow and minimizing cost of the organization. The current research project is based on managing financial resources and decisions. Regarding this, it will focus on the different business scenarios. Study will comprise of different ways of implication of finance as a resource within a business. It includes cost of the different financial resources which can affect the company in positive and negative manner. Further, it focuses on different financial decisions and required information of funds. Along with this, research also evaluates the financial performance of the business by analyzing financial statements and applying different tools and techniques of finance such as ratio analysis, etc.

TASK 1 1.1 Available sources of finance for Sweet Menu Restaurant Ltd. As per the given business scenario, Sweet Menu Restaurant has strong financial performance in the market and wants to expand its business. Regarding this, it wishes to start two new restaurants in different locations; Central London and Croydon. Sweet Menu Restaurant requires ÂŁ300,000 and ÂŁ500,000 for this expansion(Brigham, 2013). So, there are different internal and external sources of funds which help in raising capital for the organization. All these sources are described as under: Internal sources of finance: Retained earnings: It is also known as remaining part of profit which can be used by organization for its business operations. Sweet Menu Restaurant has a strong profitability position. So, it has appropriate amount of profit. Hence, Company can use this amount of fund at the time of starting its two new branches at two different locations. It will be appropriate because it a cost free source of fund. Sales of assets or stock: Organization is operating its business since last many years. So, company will have large number of assets and stocks of past projects which are not used by organization at present. So, restaurant can raise its capital Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


by selling these assets. It will help them in getting funds for business expansion (Correia and Flynn, 2012). External sources of finance: Issues of share: As per the given business scenario, Sweet Menu Restaurant is a listed company so, company can arrange funds by issue of share also. It will help in getting quick, instant and high amount of money on the cost of dividend to shareholders. It also helps in raising goodwill of the restaurant in hospitality market. Bank loan: Sweet Menu Restaurant can make arrangement of funds by taking long term or short term loan from bank. But, organization needs to provide appropriate amount of security for these types of sources. Along with this, it is provided by financial institute for a specific time period and on the basis of fixed and floating interest rate on principle amount of loan. Leasing: It is also one of the important sources of fund for Sweet Menu Restaurant. In this source, organization can use the asset of other party on the basis of installment amount for a specific time period without transfer of ownership of assets. It helps in reducing the initial investment of the company because restaurant can use this sources for using land, building and other assets (Cox, and Fardon, 2005). Hire purchase: In this agreement, company uses the assets of another party on the basis of monthly installments. But with the last installment, ownership of the assets transfers to the organization. So, Sweet Menu Restaurant can use this source of fund for using machinery and other equipment. 1.2 Assessment of implications of the sources of finance Implication of financial resources can be asses by determining advantages and disadvantages of funds. There are different sources of funds which are appropriate for Sweet menu restaurant. Retained earnings is beneficial because there is no legal requirement and formalities for using this types of source. Along with this, there is no needs to repay the principle amount to organization. But, it is associated with the opportunity cost which can affect the future FM of the firm (Davis and McKevitt, 2013). Similarly, bank loan is beneficial because company Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


can get huge amount of money for long term but it is associated with interest payment and security amount. Along with this, issue of share are significant for the company because there is no requirement of any kind of security for raising funds using this source but company needs to pay dividend to shareholders which can increase the total cost for the firm. Therefore, each and every source of fund is associated with some benefits and drawbacks which can affect the implication of financial resources (Dayananda, 2002). 1.3 Evaluations of the most appropriate sources of finance for Sweet Menu Restaurant expansion plans As per the give case study, the most appropriate source of funds can be evaluated on the basis of cost and its implication in business operations. Restaurant requires £300,000 and £500,000 for starting its two new branches. Regarding the same, appropriate resources will be bank loan, retained earnings, issue of shares and sale of assets. Retained earnings is appropriate because it helps in providing quick money to the organization without any extra cost which help in reducing the cost burden on the organization. Similarly, sale of assets and stock is also appropriate because company is operating its business from long time. So, it has various unused and unnecessary assets. Therefore, company can generate quick money by liquidating these assets. It will help in augmenting funds in less amount of cost as compared to other sources. Including this, as per the given case study, amount of fund required is a very big amount. Hence; long term bank loan will be the most suitable source of finance for satisfying the financial needs of the organization (Elearn, 2013). It will be suitable because company can get a huge amount of money for long term. On the other hand, issue of share is also appropriate sources because company can get appropriate amount of investment of shareholders and investors in the basis of dividend payment. It is an appropriate source of fund because company has its existing shareholder and good image in the market. So, it can easily attract investors for making investment in shares of the restaurant and it will help in managing the requirement of the fund. Therefore, all the above discussed sources of funds are appropriate for meeting the fund requirement for the expansion of Sweet Menu Restaurant’s project (Gitman, 2013).

Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


SAMPLE ON MANAGING FINANCIAL RESOURCES & DECISION MAKING FOR DISSERTATION HELP KINDLY CONTACT AT : help@onlinedissertationwriting.co.uk

Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


TASK 2 2.1 Analyses of the costs of the different sources of finance Every source of finance is associated with the monetary and non-monetary cost which can affect the decisions of the company about the selection of resources. As per the above discussion appropriate sources of funds for Sweet Menu Restaurant are retained earnings, bank loan, issue of share and sale of assets and stock, etc. Retained earnings is known as cost free source of fund for organization because there is no needs to repay the amount of retained earnings to company. Along with this, organization can get money without any interest and down payment. So, there is no monetary cost of retained earnings for restaurant. But, it is associated with the opportunity cost of the firm because restaurant can use this amount of money in future for other purpose. So, it is an opportunity cost for Sweet Menu Restaurant. Similarly, organization can apply for the loan amount on behalf of security amount as well as company needs to pay specific interest rates on principle amount of loan. So, it may be a very costly source of funds for organization but company can get big amount of money using this source so, it is included in suitable source of funds (Gorchels, L 2006). Issue of hare is also appropriate source of fund for restaurant but company needs to pay appropriate amount of dividend to each shareholder which increases the cost of this source. Similarly, sale of assets can decline the amount of assets due to the depreciation amount. OS it is also shows a high cost for the company. But, it is one of the most liquidate source of funds so, it is considered suitable for sweet menu restaurant. 2.2 Importance of financial planning for Sweet Menu Restaurant Financial planning can be defined as a process of financial management which include different stages such as formulation of financial objectives, identification of required amount of finance, arrangement of funds and allocation of finance, etc. Financial planning is very important for Sweet Menu Restaurant in different aspects. It is very beneficial for managing income and profitability of the company. Along with this, financial planning is very effective for managing cash flow and other expenses of the company. Restaurant can develop appropriate financial plans and manage available and required finance of the company. Along with this, using appropriate financial planning company can determine short Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


and long term financial goals which can guide in developing a balance plan for meeting all these requirements in effective manner (Grieve, 2013). Along with this, a systematic process of financial management can help in reducing the unnecessary expenses which leads minimization in the total cost of the company. Further, a proper financial plan plays important role in selecting a suitable investment project for business expansion. Organization can manage all financial risks and uncertainties in appropriate manner. Overall, if is very important for increasing profitability, income, sales revenue, management of funds and selection of investment options, etc. Similarly, it is also very appropriate for reducing the total cost and other expenses of the organization. So, Sweet Menu Restaurant needs to follow appropriate financial planning method for managing available and required funds (Helfert, 2004). 2.3 Assessment of the information needs of different decision makers in Sweet Menu Restaurant As per the given case, Sweet Menu Restaurant wants to invest a big amount of money in business expansion project. So, for this project organization needs to take different types of decisions which require various amount of information which are described as under:  Financial decision makers: These are very important decision makers who take decisions for managing available and required financial resources. Regarding this, they required information about the long term and short terms financial goals which will help in analyzing the current and future requirement of restaurant. Along with this, financial manager is also required information about past and present performance of the company because it will help in developing a future financial plans of the organization (Hildreth, 2004). Financial managers are also required investment information for selecting decision about a most profitable investment for organization.  Marketing decision makers: These types of decision makers take decisions about marketing and advertising activities of the company. Regarding this company needs to take decision about the selection of marketing channels, etc. Regarding this manager require information of the available marketing budget of the restaurant. For managing marketing budget company needs to focus on managing cost of different advertising and promotion activities of the firm. Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


 Operational decision makers: These decision makers takes decisions about improvement in production and operation of restaurant. In addition, they focus on reducing the total cost and appropriate allocation of resources. Regarding this, operation manager require information about the available financial resources for managing different activities such as production, purchase of inventory, etc.  Human resource decision makers: For taking decisions related to personnel manager important information include HR budget of the company. Along with this, HR manager must needs to know about the information such as training and development cost, recruitment and selection cost of the company, etc. 2.4 Impact of sources of finance on financial statements of Sweet Menu Restaurant As per the given financial statement of the sweet Menu Restaurant, company is using different sources of funds for increasing available financial capital of the company. These are long term loan from bank and issue of shares, etc. These sources are associated with some specific costs so, it can affect the financial statements of the company. As per the given stamen long term loan from bank has direct impact on balance sheet and cash flow statement of the company. Long term loan increases liabilities of balance sheet which can harm the financial performance of the firm. On the other hand, it increases the cash inflow in cash flow statement of the organization which can augment available cash of the company as well as it will also play very significant role in business expansion project of the Sweet menu restaurant (Hill and Clarke, 2013). On the other hand, restaurant is also using issue of share for increasing the financial capital of the company. It has a positive impact on balance sheet because it increases the shareholder’s equity in balance sheet. But, for this financial resources company needs to pay appropriate amount of dividend to shareholders which has negative impact on profit and loss account of the company. Dividend payment reduces the total profitability and income of the organization. Therefore, sources of finance has positive as well as negative impact of financial statements.

Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


SAMPLE ON MANAGING FINANCIAL RESOURCES & DECISION MAKING FOR DISSERTATION HELP KINDLY CONTACT AT : help@onlinedissertationwriting.co.uk

Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


TASK 3 3.1 Analysis of the budget and appropriate decisions Budget is one of the important tool for analyzing the financial position of the organization in more effective manner. Along with this using financial budget Blue Island Restaurant can take different finance decisions about increment in profitability and sales of the organization, etc. along with this, financial budget also help in managing future risks and financial activities of the company. As per the given cash budget of Blue Island Restaurant, company is generating sufficient amount of the cash sales in 4 months of budget. But, total expenses of the company is very high which is reflected in negative balance at the end of the month. So, for managing income and expenses in effective manner restaurant needs to focus on reducing expenses to increasing total cash sales of the firm. In month of October Company is generating positive net balance due to the high net sales (Keller, 2013). Company can reduce the expenses of the organization by improving the inventory management process because in this process company is investing huge amount of money which leads negative cash balance at the end of month. Including this company needs to focus on reducing the overhead expenses of restaurant which will also help in increasing the total operating income of restaurant. 3.2 Calculation of the unit costs (meal cost) and making pricing decisions Unit cost can be defined as a total cost which is required for producing a single unit of products and services of an organization. Every organization takes pricing decisions on the basis of the total cost of the products and desired amount of profit. So, calculation of unit cost and pricing decision is described as under: Table 1: Calculation of unit cost and selling price Items

Costs ÂŁ

Steak

3

Vegetables and other ingredients

1.5

labour

3.5

Overheads

2

Total Costs

10

Mark Up (40%)

4

Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


VAT

2

Selling Price

16

As per the above calculation food cost percentage is 62.505. Organization needs to manage this cost in effective manner and decide price as per this cost which will help in generating required amount of profit and managing total cost. According to the above calculation, selling price of product and service will be 16 which will help in generating profit of £6. This selling price if decided by restaurant because markup cost is 40% and VAT is 20%. Therefore, calculation of unit cost is helpful for deciding the pricing policy of restaurant (Melo, 2012). 3.3 Assessment of the viability of two projects using investment appraisal techniques There are different investment appraisal techniques which help in determining profitable projects for an organization. These methods include discounted and non-discounted methods. Discounted methods focuses on the time value money approach which states that present value of cash flow is more worth full for organization as compare to the future value. It include Net Present Value (NPV) and Internal Rate of Return (IRR). On the other hand, non-discounted methods do not focus on the present value and time value of money approach. It comprises Payback period and Average Rate of Return (ARR) (Khamees and Al-Thuneibat, 2010). As per the given case scenario Blue Island Restaurant has two different investment proposals and for checking investment viability organization can use two distinct methods such as payback period and Net Present Value method which are presented as under: a) Payback period method: Proposal 1: Table 2: Payback period for proposal 1 Year

Inflow

Cumulative inflow

0

-£1,200

-£1,200

1

£800

-£400

2

£600

£200

3

£400

£600

4

£200

£800

Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


5

£50

£850

Residual Value

£0

£850

Payback Period

1.5 Years

Proposal 2: Table 3: Payback period for proposal 2 Year

Inflow

Cumulative inflow

0

-£1,200

-£1,200

1

£300

-£900

2

£400

-£500

3

£500

£0

4

£600

£600

5

£500

£1,100

Residual Value

£50

£1,150

Payback Period

3 Years

As per the above calculation of the payback period Blue Island restaurant can get their money back if a specific time period. Payback period of Proposal 1 is 1.5 year and for proposal 2 it is 3 years. So, company can get back its investment amount early in proposal 1 as compare to proposal 2. So, as per this method company needs to invest in proposal 1 because it will generate profit after 1.5 years but proposal 2 will take 3 years. b) Net Present Value (NPV) Proposal 1: Table 4: NPV for proposal 1 Year

Inflow

PV Factor @10%

Inflow by considering pv factor

1

£800

0.909

£727

2

£600

0.826

£496

3

£400

0.751

£300

4

£200

0.683

£137

5

£50

0.62

£31

Residual value

£0.00

0.62

£0.00

Total inflow

£1,691.00 Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


Less: Initial investment

£1,200

Net present value Proposal 2:

£491.00 Table 5: NPV for proposal 2

Year

Inflow

PV Factor @10%

Inflow by considering pv factor

1

£300

0.909

£273

2

£400

0.826

£330

3

£500

0.751

£376

4

£600

0.683

£410

5

£500

0.62

£310

Residual value

£50

0.62

£31

Total inflow

£1,729.00

Less: Initial investment

£1,200

Net present value

£529.00

As per the above calculation, NPV for proposal 1 is £491 and for proposal 2 it is £529. Calculation has reflected that NPV for proposal 2 is very high as compare to the proposal 1 so, organization should selection proposal 2 for future investment.

Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


SAMPLE ON MANAGING FINANCIAL RESOURCES & DECISION MAKING FOR DISSERTATION HELP KINDLY CONTACT AT : help@onlinedissertationwriting.co.uk

Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


TASK 4 4.1 Main financial statements of an organization All these statements which are used by companies for recording and summarizing financial statements of an organization are known as financial statements. Organization use profit and loss account, balance sheet and cash flow statements for recording all financial transactions. Profit and loss account of an organization all information about the income and expenses of the firm which plays important role in managing expenses and generating sufficient amount of profit for an association. Using this statement company can easily analyze gross profit, net profit and net income. Balance sheet statement is also one of the important financial statement for an organization which record all assets and liabilities in effective manner. It also helps in determining the financial position of the organization. Company also includes information about the shareholders equity in liability section of balance sheet (Melo, 2012). Similarly, cash flow statement is also most appropriate statement of an organization which shows that financial transaction of the firm. It includes all information about cash inflow and cash outflow of the firm. Therefore, it helps in determining the liquidity position of the organization as well also helps in analyzing that weather company has appropriate amou8t of cash for managing all expenses or not. 4.2 Comparison of appropriate formats of financial statements for different types of business There are different types of business organization which use different statements for reporting financial position of the business. These include sole traders, partnership firms and public limited companies, etc. In Sole traders all decisions are taken by single owner and company is operating its business at very small level. So, there is not needs to develop all financial statements. Sole traders uses only profit and loss account for financial reporting of the organization. It helps in determining the profitability of the organization (Menifield, 2013). In partnership firm, all the investments are done by two or more partners. All partners are also involved in the decision making process also. So, organization needs to develop profit and loss account and balance sheet. These statements help in identifying the investment and profits for every partners in Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


separate manner. Similarly, Limited Liability companies are listed in stock exchanges so, they needs to conduct financial reporting in front of government of the nation. So, they must have to develop all financial statements in profit manner. It is required because using balance sheet, income statement and cash flow statement investors can analyze financial performance in effective manner (Moeti and et.al, 2007). 4.3 Interpretation of the financial statements using ratio analysis Ratio analysis is one of the important method for analyzing financial statement of the organization. It helps in determining profitability, liquidity and efficiency position of the firm. Following calculation will help in analyzing the financial performance of both Sweet menu and Blue Island restaurants in effective manner: Table 6: Ratio analysis of Sweet Menu and Blue Island Restaurant Ratios

Formula

Sweet Menu Restaurant

Profitability Net Profit margin

Net profit/sales

0.01

0.13

Gross Profit margin

Gross profit/sales

0.63

0.66

Current Ratio

Current assets/ current liabilities

1.78

0.63

Quick Ratio

Current assets – Inventory/ current liabilities

0.63

0.15

Efficiency Asset Turnover

Net sales / net assets

1.79

2.4

Solvency ratio Debt/equity ratio

Debt/Equity

0.41

0.58

Blue Island Restaurant

Liquidity

Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


As per the above discussion, net profit margin of Sweet Menu restaurant is 0.01 and for Blue Island 0.13. It has reflected that Blue Island Restaurant is generating high amount of profitability as compare to Sweet menu restaurant. But, on the other hand, Gross profit margin for both organization is almost similar. Along with this, current ratio for Sweet menu is 1.78 which is reflected that company has appropriate amount of cash for managing all liabilities in effective manner (Keller, 2013). Along with this, organization is managing its assets and liabilities in suitable way. In contrast, current ratio and Quick ratio for Blue Island is low which shows that company needs to focus on managing liquidity position of the firm. Asset turnover ratio for both rest5aurnt is appropriate which has reflected that company is using its assets in effective manner for generating appropriate amount of sales revenue (Murphy andYetmar, 2010).

Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


SAMPLE ON MANAGING FINANCIAL RESOURCES & DECISION MAKING FOR DISSERTATION HELP KINDLY CONTACT AT : help@onlinedissertationwriting.co.uk

Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


CONCLUSION The current research study has concluded that

Sweet Menu restaurant can use bank

loans, retained earnings, issue of shares and sale of assets for raising financial capital. Along with this, it has also concluded that company needs to develop appropriate financial plan because it is important for attaining all monetary objective of business expansion project. Including this, organization should use NPV method for checking viability of the projects and as per this method company can invest in proposal 2 for future because it is more profitable for organization as compare to proposal 1. Blue Island restaurant needs to focus on reducing unnecessary operating expenses

for improving profitability and other financial position of the firm.

Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


REFERENCES Brigham, E., 2013. Financial Management: Theory and Practice. Cengage. Correia, C. and Flynn, D., 2012. Financial Management. Business Enterprises. Cox, D. and Fardon, M., 2005. Management of finance. Worcester:Osborne Books Limited. Davis, P. and McKevitt, D., 2013. Microenterprises: how they interact with public procurement processes. International Journal of Public Sector Management. Dayananda, D.,2002. Capital Budgeting: Financial Appraisal of Investment Projects. Cambridge University Press. Elearn, 2013. Financial Management Revised Edition. Routledge publication. Watson, D. and Head, A., 2010. Corporate Finance. 5th ed. Essex: Pearson Education Limited. Online Haron,

H.

and

et.al,

2011.

[pdf].

Available

through:

<http://www.ijbssnet.com/journals/Vol_4_No_15_Special_Issue_November_2013/25.pdf>. [Accessed on 18th January 2016]. The Financial Planning Process. 2013. [Online]. Available through: < http://highered.mcgrawhill.com/sites/0079876543/student_view0/junior_year 999/your_finances14/financial_planning.html >. [Accessed on 18th January 2016]. Tools

and

techniques

of

cost

reduction,

2013.

[Online].

Available

through:

http://accountlearning.blogspot.in/2011/02/tools-and-techniques-of-cost-reduction.html [Accessed on 18th January 2016].

Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/

< >.


SAMPLE ON MANAGING FINANCIAL RESOURCES & DECISION MAKING FOR DISSERTATION HELP KINDLY CONTACT AT : help@onlinedissertationwriting.co.uk

Toll Free : +44 203 3555 345 Email : help@onlinedissertationwriting.co.uk Website : http://www.onlinedissertationwriting.co.uk/


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.