In order to assess the operational efficiency of a project and its profitability most of the industrially advanced countries employed various technique for the purpose of financial profitability analysis.
Profit is the primary objective of an enterprise. The word profit implies a comparison of the operations of business between two specific dates which are usually separated by an interval of one year. The maximization of profit within a socially acceptable limit implies that a proper regard for public interest has been shown. Really it is the growth of profit which enables a firm to pay higher dividends to its ordinary shareholders.… Read the rest