譯文（字數 3848）

工業企業最優融資

摘要

企業融資的機會取決于宏觀經濟和微觀經濟指標。企業生命周期對選擇開發活動融資有顯著影響。融資是許多企業的關鍵任務之一。這是一個允許企業生存或發展的過程。有效融資的目的是維持金融融資企業流動資產恒定運行。在大多數情況下，它以短期融資的形式實現，但有時也有一種中期融資的形式。企業的經營周期對企業內外部資金來源的需求是重要的。投資融資與長期資產收購有關。其目的是以分散投資的形式來滿足企業的投資需求。國家預算以稅費形式收回企業部分財務手段?，F金流量類別在企業金融中期和長期構成中，尤其在財務分析中用于評價企業的金融穩定性和金錢來源的短期規劃中的金融收入和支出的短期規劃的原因預測，在評估投資變量的有效性和作為定義企業市場價值的方法之一。

關鍵詞：融資，優化，工業企業；

1.引言

在開發活動中，企業實體不斷地考慮如何為他們的需求融資。他們的首要任務是最大化增加其產出，從而確保他們在競爭中的地位。保持其在市場上的地位與所有領域的永久創新聯系在一起，無論是生產、服務還是人力資源領域。

當前的經濟危機和相關的經濟衰退構成了嚴重的外部沖擊，尤其是對斯洛伐克中小企業構成了威脅。過去幾年的經濟繁榮鼓勵這些企業進行更高和更長的投資。在金融危機和經濟危機的高峰期，企業融資相當困難。這是一個允許企業生存或發展的過程。在擴張時期獲得資本并不容易，在經濟衰退時期更為困難。融資問題是幾乎所有企業所關注的領域之一。

外文原文（字符數 53102）

Optimal Financing of The Industrial Enterprise

Abstract 

The opportunities for the enterprise financing depend on macroeconomic and microeconomic indicators. The enterprise life cycle has significant influence on financing of chosen development activities. Financing is one of key tasks in many enterprises. It is a process allowing the enterprise to survive or to progress. The aim of operative financing is to finane the enterprise current assets in order to maintain its constant run. It is realised in a form of short-term financing in most of cases but sometimes it has a form of middle-term financing. Operative cycles are important for enterprise because it influences the need of internal and external financial sources. Investment financing is related to long-term assets' acquisition. Its aim is to fulfil the investment needs of enterprise in a form of spreading investments. State budget withdraws part of financial means of enterprises in a form of taxes and fees. The cash-flow category is used more frequently especially in financial analyses in evaluating the financial stability of enterprise and causes of changes of money sources in short-term planning of financial incomes and expenditures, in middle-term and long-term constitution of enterprise financial prognoses, in evaluating the investment variants effectiveness and as one of methods of defining the enterprise market value. 

Selection and/ peer-review under responsibility of Academic World Research and Education Center. 

Keywords: Financing, optimization, industrial enterprise; 

1.Introduction 

Within the development activities business entities constantly consider how to finance their needs. Their priority is always to maximise volume of their outputs, and thus ensure their position in relation to competition. Maintaining their positions in the market is connected with permanent innovations in all spheres, whether it is production, services or human resources area.