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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 17 / 4529 | 
                
    
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54) Identification of long term financial objectives for both companies and a current benchmark of the financial status will provide Lester Electronics with the means to evaluate the gap between the end state visions and current financial performance. In conducting financial planning, Lester will have to look closely at his objectives to enter the global market...
        
        
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In conducting financial planning, Lester will have to look closely at his objectives to enter the global market. There is a vast selection of financial vehicles available to raise capital including debt securities such as commercial paper, treasury bills and notes, and both corporate and treasury bonds, and equity securities, such as common and preferred stock...
        
        
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                                    4 Long term financial Management
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                                    Lester Electronics - Problem Solution
                                    Problem Solution: Lester Electronics
                                    The statement of financial performance is based on data relating to past transactions and events. Hence the statement of financial performance is of no use to an investor’s decision making process.
                            
                    
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