To increase a firm's value,financial managers must ensure that it has enough funds on hand to purchase the materials and human resources that it needs to produce goods and services.

Question

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Financial managers play a crucial role in ensuring that their firms have enough funds to purchase the necessary materials and human resources to produce goods and services. This is important for increasing the value of the firm by facilitating its growth and profitability. Without proper financing, a firm may struggle to compete in its industry and may not be able to meet the demands of its customers, ultimately harming its value.

To Increase a Firm's Value,financial Managers Must Ensure That It