Question

Finance grew out of economics and accounting, and it is generally divided into three areas: ____________, also called corporate finance, focuses on decisions about acquiring assets, raising capital, and running the firm so it maximizes its value.

a) Financial Management
b) Merger Analysis
c) Capital Markets

Answer 1

Financial management, also known as corporate finance, focuses on acquiring assets, raising capital, and maximizing the value of a firm.

Step-by-step explanation:

The subject of this question is Financial Management.

Financial management, also called corporate finance, focuses on decisions about acquiring assets, raising capital, and running the firm so it maximizes its value.

For example, financial management involves deciding whether to purchase new equipment or take out a loan, as well as how to allocate resources to different projects to maximize profitability.