Business finance refers to the management of funds and monetary resources within an organization to achieve its financial goals. It encompasses a range of activities, including planning, acquiring, and controlling financial resources to ensure the company can effectively operate and grow. This field covers various aspects of finance such as budgeting, forecasting, investment analysis, and financial reporting. Business finance is crucial for decision-making, helping businesses evaluate profitability, manage risks, and assess financial performance. It involves analyzing cash flow, financing options, and capital structure to support operational needs and strategic objectives. Ultimately, business finance aims to optimize the use of financial resources to maximize value for stakeholders.
BioNTech's profits fell significantly due to declining pandemic revenues and increased investment in cancer treatments. Despite a drop in earnings, BioNTech's financial results surpassed market expectations for the fourth quarter…