Page 13 - DBP5043
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10 PRINCIPLES THAT FORM THE
FOUNDATION OF FINANCIAL
MANAGEMENT
• it’s only what changes
4 that count. In making
business decisions, we
Incremental cash will concern ourselves
flows
with what happens as a
result of that decision.
5 • it’s hard to find
exceptionally profitable
The curse of projects and economic
competitive changes makes the
markets market more competitive
6
Efficient Capital • The markets are quick
and the prices are right.
Markets
7 • Government policy for the
Tax bias benefits of the country may
business results in tax bias in certain
decision business

