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Business Finance Download all available financial data for TELSTRA CORPORATION LTD (ASX Code: TLS) from Data Analysis Premium (Murdoch library’s databases). The data is taken from the FY20 financial performance of TLS, $26.2 billion is the total income on the reported basis, $8.9 billion is the earnings before interest, tax depreciated amortization which is also known as EBITDA, the underlying EBIDTA is $7.4 billion and the NPAT …
Business Finance - Question 1 (a) Ultimate goal of the firm is to maximize the wealth of the shareholders or the owners of the firm. Profit maximization cannot be taken as the decision making criteria, as profit considers the total benefits accruing to the firm and not the risk that the firm is carrying. (b) Three decisions that a manager takes are: Investment decision Financing decision Dividend decision Each of these decisi…
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