Financial Management: Role of Financial Institutions and Money Lending, Exams of Mathematics

Download Financial Management: Role of Financial Institutions and Money Lending and more Exams Mathematics in PDF only on Docsity! Learning Objectives At the end of the lesson, you are expected to: 1. Define Financial Management through the discussion of the role of financial institutions 2. Interest the student in a whole new world of business and finance. FINANCIAL MANAGEMENT The efficient and effective DL Suu a nds. By means of Financial Co the business will be able to: iP Ye 1 2. Sustain 7 3. Expand Operations Financial Institutions rains . Depositor deposit money to bank (Casa and TD) 2. Financial Institution evaluate the Investment to be lend by Borrower with a Business Project Plan 3. Once approve the business project and business project put up into a business, it will earn income so there's the return of investment, borrower can pays the loan to _ Financial Institutions with interest computed. a Financial Institutions pays interest of cash deposit of depositors. DEPOSITOR DEPOSIT HIS MONEY TO FINANCIAL INSTITUTION FINANCIAL INSTITUTION RECEIVED CASH DEPOSIT Ey] MLO aa serLT Ts toN Aan Iv if FINANCIAL INSTITUTION OFFERS BANK LOAN AND EVALUATE THE BUSINESS PROJECT OF PERSON WANTS TO LEND MONEY BORROWER - BUSINESS PROJECT LOOKING FORA BANK THAT OFFERS MA BANK LOAN Key Individual Roles BORROWER - Has a business project plan who wants to put up a business or who has already a small business. - The one who needs funds and borrows the funds thru a bank. - Knows where the fund can be placed or invested so that the funds will grow. Key Individual Roles BORROWER BUSINESS PROJECT = a= Start up (new business venture) An expansion of business Purchase of equipment Equity in Ongoing business concerns Investing Financial Instruments (notes, bond, stock) 2 Types of Financial Institution NLS Banks, more precisely — retail or commercial banks, fall under the category of banking financial institutions. A bank is a financial intermediary with a purpose to act as a middleman between suppliers of funds or depositors and borrowers. The main task of a bank is to accept deposits and use these funds later on to offer loans to its customers. Another duty of da bank is to act as ad payment agent, which is done by offering a host of payment services, such as credit and debit cards, direct deposit facilities, checks and bank drafts. A bank makes money by investing the deposits in financial securities and assets, but mostly by lending the funds further to its Customers. The primary reasons for depositing money in banks are convenience, safety and interest income. Me Oe) AU Type written: (Refrain to the Rubrics Provided) Strand: Name: Questions.... Answets.... Font: Arial Size: 12 Hand Written: (Refrain to the Rubrics Provided) Strand: Name: Questions.... Answets..... DEADLINES OF SUBMISSION AUGUST 04, 2021 WEDNESDAY UNTIL 10 PM RUBRICS POINT NEATNESS Orderly packet and in incredibly neat with no smudges or tears and readable RELEVANCE Answers are best and related to the given subject matter TIMELINESS Received on or before given due date Assigned task are completed COMPLETION Neat with few smudges and readable Answers are almost shown and almost describe clearly 1 day late Most of the assigned task is complete With several smudges and tears and slightly unreadable Some relevance of subject matter are missing 2 days late Some of the assigned task is complete Disorderly with many smudges ortears and unreadable Little to none of the answers are correct 3 or more days late Did not make a task