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Answer the following questions based on case study.
Case Study
Mr. Rajesh Gulati is the Finance Manager of ‘Health and Life Ltd.’ a company dealing with health and organic food items. The company sells its products in smaller quantities in attractive containers. Moreover they have also decided to provide an additional layer of packaging for their products for the purpose of protections along with necessary storage, identification and even convenient transportation.
Keeping up with the latest packaging technology the company decided to upgrade its machinery. This, however, involved a major decision making as to how funds should be invested, so what the company is able to earn highest possible return.
Mr. Gulati estimated the amount of funds required for this purpose. He began with the preparation of sales forecast for the next four years.
He also collected the relevant data about the profit estimates in the coming years. By doing this he wanted to be sure about the availability of funds from internal sources. For the remaining funds he is trying to find out alternative sources.
Q. The various objectives of financial planning concept identified in the case study are:
A. To see for stock market reactions
B. To ensure availability of funds whenever required
C. To prepare financial budget
D. To take care of purchasing raw material
E. To see that the firm does not raise resources unnecessarily
Choose the most appropriate answer from the options given below:
  • a)
    A and B only
  • b)
    B and C only
  • c)
    D and B only
  • d)
    B and E only
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Answer the following questions based on case study.Case StudyMr. Rajes...
Answer D: B and E only

The objectives of financial planning concept identified in the case study are:
  1. To ensure availability of funds whenever required: Mr. Gulati estimated the amount of funds required for upgrading the machinery and prepared sales forecasts for the next four years. He also collected relevant data about profit estimates to ensure the availability of funds from internal sources.
  2. To see that the firm does not raise resources unnecessarily: Mr. Gulati is trying to find out alternative sources for the remaining funds, which indicates that he wants to make sure the company does not raise resources unnecessarily. By doing so, he aims to achieve the highest possible return on investment for the company.
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Answer the following questions based on case study.Case StudyMr. Rajes...
Explanation:

Objective of Financial Planning Concept:
Financial planning is an essential aspect of managing a company's finances effectively. In the case study of Mr. Rajesh Gulati and 'Health and Life Ltd.', the various objectives of financial planning concept identified are as follows:

Availability of Funds:
- One of the main objectives of financial planning is to ensure the availability of funds whenever required. This involves determining the amount of funds needed for various activities such as upgrading machinery, purchasing raw materials, and other operational expenses.
- Mr. Gulati estimated the funds required for upgrading machinery and prepared sales forecasts to determine the availability of funds from internal sources. This helps in ensuring that the company has the necessary funds to support its growth and expansion plans.

Avoid Unnecessary Resource Raising:
- Another objective of financial planning is to ensure that the firm does not raise resources unnecessarily. By accurately estimating the funds required for various activities and planning for their sources, the company can avoid overburdening itself with debt or unnecessary equity financing.
- Mr. Gulati is trying to find alternative sources for the remaining funds needed for upgrading machinery. This shows his focus on efficient resource utilization and avoiding unnecessary financial burdens on the company.
Therefore, the identified objectives of financial planning concept in the case study are to ensure the availability of funds whenever required and to avoid raising resources unnecessarily. By fulfilling these objectives, 'Health and Life Ltd.' can effectively manage its finances and support its growth and development in the industry.
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Answer the following questions based on case study.Case StudyMr. Rajesh Gulati is the Finance Manager of ‘Health and Life Ltd.’ a company dealing with health and organic food items. The company sells its products in smaller quantities in attractive containers. Moreover they have also decided to provide an additional layer of packaging for their products for the purpose of protections along with necessary storage, identification and even convenient transportation.Keeping up with the latest packaging technology the company decided to upgrade its machinery. This, however, involved a major decision making as to how funds should be invested, so what the company is able to earn highest possible return.Mr. Gulati estimated the amount of funds required for this purpose. He began with the preparation of sales forecast for the next four years.He also collected the relevant data about the profit estimates in the coming years. By doing this he wanted to be sure about the availability of funds from internal sources. For the remaining funds he is trying to find out alternative sources.Q. The various objectives of financial planning concept identified in the case study are: A. To see for stock market reactionsB. To ensure availability of funds whenever requiredC. To prepare financial budgetD. To take care of purchasing raw materialE. To see that the firm does not raise resources unnecessarilyChoose the most appropriate answer from the options given below:a)A and B onlyb)B and C onlyc)D and B onlyd)B and E onlyCorrect answer is option 'D'. Can you explain this answer?
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Answer the following questions based on case study.Case StudyMr. Rajesh Gulati is the Finance Manager of ‘Health and Life Ltd.’ a company dealing with health and organic food items. The company sells its products in smaller quantities in attractive containers. Moreover they have also decided to provide an additional layer of packaging for their products for the purpose of protections along with necessary storage, identification and even convenient transportation.Keeping up with the latest packaging technology the company decided to upgrade its machinery. This, however, involved a major decision making as to how funds should be invested, so what the company is able to earn highest possible return.Mr. Gulati estimated the amount of funds required for this purpose. He began with the preparation of sales forecast for the next four years.He also collected the relevant data about the profit estimates in the coming years. By doing this he wanted to be sure about the availability of funds from internal sources. For the remaining funds he is trying to find out alternative sources.Q. The various objectives of financial planning concept identified in the case study are: A. To see for stock market reactionsB. To ensure availability of funds whenever requiredC. To prepare financial budgetD. To take care of purchasing raw materialE. To see that the firm does not raise resources unnecessarilyChoose the most appropriate answer from the options given below:a)A and B onlyb)B and C onlyc)D and B onlyd)B and E onlyCorrect answer is option 'D'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Answer the following questions based on case study.Case StudyMr. Rajesh Gulati is the Finance Manager of ‘Health and Life Ltd.’ a company dealing with health and organic food items. The company sells its products in smaller quantities in attractive containers. Moreover they have also decided to provide an additional layer of packaging for their products for the purpose of protections along with necessary storage, identification and even convenient transportation.Keeping up with the latest packaging technology the company decided to upgrade its machinery. This, however, involved a major decision making as to how funds should be invested, so what the company is able to earn highest possible return.Mr. Gulati estimated the amount of funds required for this purpose. He began with the preparation of sales forecast for the next four years.He also collected the relevant data about the profit estimates in the coming years. By doing this he wanted to be sure about the availability of funds from internal sources. For the remaining funds he is trying to find out alternative sources.Q. The various objectives of financial planning concept identified in the case study are: A. To see for stock market reactionsB. To ensure availability of funds whenever requiredC. To prepare financial budgetD. To take care of purchasing raw materialE. To see that the firm does not raise resources unnecessarilyChoose the most appropriate answer from the options given below:a)A and B onlyb)B and C onlyc)D and B onlyd)B and E onlyCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Answer the following questions based on case study.Case StudyMr. Rajesh Gulati is the Finance Manager of ‘Health and Life Ltd.’ a company dealing with health and organic food items. The company sells its products in smaller quantities in attractive containers. Moreover they have also decided to provide an additional layer of packaging for their products for the purpose of protections along with necessary storage, identification and even convenient transportation.Keeping up with the latest packaging technology the company decided to upgrade its machinery. This, however, involved a major decision making as to how funds should be invested, so what the company is able to earn highest possible return.Mr. Gulati estimated the amount of funds required for this purpose. He began with the preparation of sales forecast for the next four years.He also collected the relevant data about the profit estimates in the coming years. By doing this he wanted to be sure about the availability of funds from internal sources. For the remaining funds he is trying to find out alternative sources.Q. The various objectives of financial planning concept identified in the case study are: A. To see for stock market reactionsB. To ensure availability of funds whenever requiredC. To prepare financial budgetD. To take care of purchasing raw materialE. To see that the firm does not raise resources unnecessarilyChoose the most appropriate answer from the options given below:a)A and B onlyb)B and C onlyc)D and B onlyd)B and E onlyCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Answer the following questions based on case study.Case StudyMr. Rajesh Gulati is the Finance Manager of ‘Health and Life Ltd.’ a company dealing with health and organic food items. The company sells its products in smaller quantities in attractive containers. Moreover they have also decided to provide an additional layer of packaging for their products for the purpose of protections along with necessary storage, identification and even convenient transportation.Keeping up with the latest packaging technology the company decided to upgrade its machinery. This, however, involved a major decision making as to how funds should be invested, so what the company is able to earn highest possible return.Mr. Gulati estimated the amount of funds required for this purpose. He began with the preparation of sales forecast for the next four years.He also collected the relevant data about the profit estimates in the coming years. By doing this he wanted to be sure about the availability of funds from internal sources. For the remaining funds he is trying to find out alternative sources.Q. The various objectives of financial planning concept identified in the case study are: A. To see for stock market reactionsB. To ensure availability of funds whenever requiredC. To prepare financial budgetD. To take care of purchasing raw materialE. To see that the firm does not raise resources unnecessarilyChoose the most appropriate answer from the options given below:a)A and B onlyb)B and C onlyc)D and B onlyd)B and E onlyCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Humanities/Arts. Download more important topics, notes, lectures and mock test series for Humanities/Arts Exam by signing up for free.
Here you can find the meaning of Answer the following questions based on case study.Case StudyMr. Rajesh Gulati is the Finance Manager of ‘Health and Life Ltd.’ a company dealing with health and organic food items. The company sells its products in smaller quantities in attractive containers. Moreover they have also decided to provide an additional layer of packaging for their products for the purpose of protections along with necessary storage, identification and even convenient transportation.Keeping up with the latest packaging technology the company decided to upgrade its machinery. This, however, involved a major decision making as to how funds should be invested, so what the company is able to earn highest possible return.Mr. Gulati estimated the amount of funds required for this purpose. He began with the preparation of sales forecast for the next four years.He also collected the relevant data about the profit estimates in the coming years. By doing this he wanted to be sure about the availability of funds from internal sources. For the remaining funds he is trying to find out alternative sources.Q. The various objectives of financial planning concept identified in the case study are: A. To see for stock market reactionsB. To ensure availability of funds whenever requiredC. To prepare financial budgetD. To take care of purchasing raw materialE. To see that the firm does not raise resources unnecessarilyChoose the most appropriate answer from the options given below:a)A and B onlyb)B and C onlyc)D and B onlyd)B and E onlyCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Answer the following questions based on case study.Case StudyMr. Rajesh Gulati is the Finance Manager of ‘Health and Life Ltd.’ a company dealing with health and organic food items. The company sells its products in smaller quantities in attractive containers. Moreover they have also decided to provide an additional layer of packaging for their products for the purpose of protections along with necessary storage, identification and even convenient transportation.Keeping up with the latest packaging technology the company decided to upgrade its machinery. This, however, involved a major decision making as to how funds should be invested, so what the company is able to earn highest possible return.Mr. Gulati estimated the amount of funds required for this purpose. He began with the preparation of sales forecast for the next four years.He also collected the relevant data about the profit estimates in the coming years. By doing this he wanted to be sure about the availability of funds from internal sources. For the remaining funds he is trying to find out alternative sources.Q. The various objectives of financial planning concept identified in the case study are: A. To see for stock market reactionsB. To ensure availability of funds whenever requiredC. To prepare financial budgetD. To take care of purchasing raw materialE. To see that the firm does not raise resources unnecessarilyChoose the most appropriate answer from the options given below:a)A and B onlyb)B and C onlyc)D and B onlyd)B and E onlyCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Answer the following questions based on case study.Case StudyMr. Rajesh Gulati is the Finance Manager of ‘Health and Life Ltd.’ a company dealing with health and organic food items. The company sells its products in smaller quantities in attractive containers. Moreover they have also decided to provide an additional layer of packaging for their products for the purpose of protections along with necessary storage, identification and even convenient transportation.Keeping up with the latest packaging technology the company decided to upgrade its machinery. This, however, involved a major decision making as to how funds should be invested, so what the company is able to earn highest possible return.Mr. Gulati estimated the amount of funds required for this purpose. He began with the preparation of sales forecast for the next four years.He also collected the relevant data about the profit estimates in the coming years. By doing this he wanted to be sure about the availability of funds from internal sources. For the remaining funds he is trying to find out alternative sources.Q. The various objectives of financial planning concept identified in the case study are: A. To see for stock market reactionsB. To ensure availability of funds whenever requiredC. To prepare financial budgetD. To take care of purchasing raw materialE. To see that the firm does not raise resources unnecessarilyChoose the most appropriate answer from the options given below:a)A and B onlyb)B and C onlyc)D and B onlyd)B and E onlyCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Answer the following questions based on case study.Case StudyMr. Rajesh Gulati is the Finance Manager of ‘Health and Life Ltd.’ a company dealing with health and organic food items. The company sells its products in smaller quantities in attractive containers. Moreover they have also decided to provide an additional layer of packaging for their products for the purpose of protections along with necessary storage, identification and even convenient transportation.Keeping up with the latest packaging technology the company decided to upgrade its machinery. This, however, involved a major decision making as to how funds should be invested, so what the company is able to earn highest possible return.Mr. Gulati estimated the amount of funds required for this purpose. He began with the preparation of sales forecast for the next four years.He also collected the relevant data about the profit estimates in the coming years. By doing this he wanted to be sure about the availability of funds from internal sources. For the remaining funds he is trying to find out alternative sources.Q. The various objectives of financial planning concept identified in the case study are: A. To see for stock market reactionsB. To ensure availability of funds whenever requiredC. To prepare financial budgetD. To take care of purchasing raw materialE. To see that the firm does not raise resources unnecessarilyChoose the most appropriate answer from the options given below:a)A and B onlyb)B and C onlyc)D and B onlyd)B and E onlyCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Answer the following questions based on case study.Case StudyMr. Rajesh Gulati is the Finance Manager of ‘Health and Life Ltd.’ a company dealing with health and organic food items. The company sells its products in smaller quantities in attractive containers. Moreover they have also decided to provide an additional layer of packaging for their products for the purpose of protections along with necessary storage, identification and even convenient transportation.Keeping up with the latest packaging technology the company decided to upgrade its machinery. This, however, involved a major decision making as to how funds should be invested, so what the company is able to earn highest possible return.Mr. Gulati estimated the amount of funds required for this purpose. He began with the preparation of sales forecast for the next four years.He also collected the relevant data about the profit estimates in the coming years. By doing this he wanted to be sure about the availability of funds from internal sources. For the remaining funds he is trying to find out alternative sources.Q. The various objectives of financial planning concept identified in the case study are: A. To see for stock market reactionsB. To ensure availability of funds whenever requiredC. To prepare financial budgetD. To take care of purchasing raw materialE. To see that the firm does not raise resources unnecessarilyChoose the most appropriate answer from the options given below:a)A and B onlyb)B and C onlyc)D and B onlyd)B and E onlyCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Humanities/Arts tests.
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