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The book has made an attempt to present some of the important theoretical aspects on financial management such as definition of finance and financial management, objectives of financial management, financial decisions, sources of finance, tools of financial analysis, ratio analysis, meaning of financial statements, objectives of financial statements and performance evaluation of sugar industry in India, historical background of sugar industry, significance of sugar industry, growth and development of sugar industry in Andhra Pradesh and problems and prospects of sugar industry. Financial management also helps in ascertaining how the company would perform in future. It helps in profit planning, capital spending, measuring costs, controlling inventories, accounts receivable and the like. Financial management essentially helps in optimizing the output from a given input of funds.

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