During the depression era of the 1930s,the emphasis of managerial finance was developing sophisticated analytical models used to determine the liquidity and value of firms.

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During the depression era of the 1930s, the emphasis of managerial finance was more on survival of firms, focusing on issues like bankruptcy, liquidity, and reorganization, rather than on developing sophisticated analytical models.

During the Depression Era of the 1930s,the Emphasis of Managerial