Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...
3 M
1. Object of Enterprise
• To Increase Profit
– Growth by Top Bottom Line
– Living Standard Improves
Presented by: PAWAN SEHRAWAT 1
2. INCREASE PROFIT
× Selling Price = Cost + Profit
o Profit = Selling Price – Cost
Selling Price is Decided by Market
Leads to
Actual Movement of Reducing Cost
Presented by: PAWAN SEHRAWAT 2