帮忙翻译一下英文文献2

来源:百度知道 编辑:UC知道 时间:2024/06/28 14:48:38
In addition,dividend policy must be viewed as an integral part of the firm’s financing decision.The dividend-payout ratio determines the amount of earnings that can be retained in the firm.Retaining a greater amount of current earnings in the firm means that fewer Dollars will be available for current dividend payments.The value of the dividends paid to stockholders must therefore be balanced against the opportunity cost of retained earnings lost as a means of equity financing.
Once the mix of financing has been decided,the financial manager must still determine how best to physically acquire the needed funds.The mechanics of getting a short—term loan,entering into a long—term lease arrangement,or negotiating a sale of bonds Or stock must be understood.
Asset Management Decision
The third important decision of the firm is the asset management decision.0nee assets have been acquired and appropriate financing provided,these assets must still be managed efficiently.The

此外,股利政策,都必须被视为不可分割的一部分,该公司的融资decision.the分红派息比率确定的数额 收入可以保留在firm.retaining了较多的收入,目前该行的意味 少美元将供当前股利payments.the价值的股息给股东,因此必须均衡 反对的机会成本留存收益流失作为一种手段,股本融资.
一旦混合筹资已经决定,财务经理,仍必须决定如何最好地获取身体所需 funds.the力学取得短期贷款,进入了一个长期租赁的安排,还是谈判出售债券或股票,必须 加以理解.
资产管理的决定
第三个重要的决定,该公司的资产管理decision.0nee资产已收购和适当的经费,这些 资产仍必须设法efficiently.the财务经理被控不同程度的经营责任,在现行职责assets.these 要求财务经理更关心的是管理的流动资产比用固定assets.a 大部份的责任,以国有资产管理将居住与经营管理人员的聘用这些 资产.