Month: February 2022

Dividend policy of a firm determines what proportion of earnings is paid to holders by way of dividends and what proportion is ploughed back in the firm for investment purposes. If a firm’s capital budgeting decision is independent of its Read More …

Risk is inherent in almost every business decision. More so in capital budgeting decision as they involve costs and benefits extending over a long period of time during which many things can change in unanticipated ways. A research and development Read More …

Capital budgeting deals with the allocation of funds to competing projects; they involve commitment of funds to receive future benefits. Characteristics of Capital Budgeting Decisions They involve investment in fixed assets whose useful life is more than the effect of Read More …

Agency refers to the relationship which submits between two parties, one party called the principal engages another one called agent and gives agent authority and mandate to act on the principal’s benefit. The actions of agent are binding on the Read More …

This provides a measure of the strength of association between two variables; one the dependent variable, the other the independent variable, r, can range from +1 i.e. perfect positive correlation where the variables change value in the same direction as Read More …

Possible solutions to records management problems in the public service As stated above there are various problems affecting the efficient running of registries. There is need to re-organize or restructure registry operations especially public registries. The restructuring programme should address Read More …