2) Motives for holding cash 3) Sources of working capital short term sources of funds ) !enefits and costs of holding inventor". #) $nventor" management techniques %$& ') (eterminants of working capital )) *actors influencing dividend polic" +) ,perating c"cle and cash c"cle -) Market value added and .conomic value added 1/) Cum dividend and e01dividend 11) &"pes of merger and advantages 12) ,23ectives of financial management 13) *unctions of finance manager 1) Scope of financial management 1#) (ecisions of financial management 1') &echniques of time value of mone" 4ractical applications 1)) 5elationship 2etween risk and return and C64M 1+) 4rofita2ilit" and liquidit" &rade1off 1-) $mportance of capital 2udgeting decisions 2/) .stimating cash flows 21) &heories of capital structure7 Modigliani and Miller approach ar2itrage process 22) Cost of different sources of capital