Economics and Business

Management

 

 

Financial Resources

Author: Paulo Nunes (Economist, Professor and Business Consultant)

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Date Created: 25/05/2011

Summary: Financial Resources...  see full article

Key words:  management,

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Financial Resources

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Financial Resources Concept

Financial resources of an organization represent the monetary means detained by that same organization (or capacity to obtain them) and that can be used in the funding of the current activity or realization of new investments. For, Thereby, financial resources of an organization all payment means such as value in cash and bank deposits, as well as other assets detained by the company exclusively for sale or easily convertible in payment methods.

 

 

Translated from Portuguese by Susana Saraiva, Portuguese-English and English-Portuguese translation specialist. Contact: spams@sapo.pt