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Financial Accounting | Finance homework help

  1. Give three major sources of funds available to meet a firm’s short-term and long-term financial needs.
  2. List the objectives of financial accounting and identify which of the financial statements satisfies each of these objectives.
  3. What are mature value and face value?
  4. Why is accounting called the language of business?
  5. What is meant by applying the time matching concept (hedging principle) to a funds flow statement, and why should this be done?
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