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1 year ago

Financial managers should strive to maximize the current value per share of the existing stock to:_____.

1 answer:

6 0

Financial managers should strive to maximize the current value per share of the existing stock to represent the interests of the current shareholders.

<h3>What is the functions of the Financial managers?</h3>

Financial managers can be described as the type of managers that are responsible for the financial health of an organization.

They help in the creation of the financial reports as well as directing investment activities, and develop plans , hence Financial managers should strive to maximize the current value per share of the existing stock to represent the interests of the current shareholders.

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Henry is a landlord renting an apartment to Steven, a student at a nearby university. The two enter into a one-year lease arra

Sindrei [870]

Answer:

Mitigate his damages

Explanation:

By law, mitigation involves making effort to reduce losses. Now, an individual claiming damages or losses due to break in contract or a wrongful act by another individual has a duty under the law to mitigate those damages. That is to say, the plantiff is under a duty under the law to reduce the loss by taking advantage of any opportunity arising that may help.redice the losses or damages. However, in this case, the plantiff, who's the landlord Henry did not mitigate the loss by not attempting to or renting the accommodation out for the remaining six month. Thus, the damages would likely be reduced because he failed to mitigate his damages as he should have done as required under the law.

3 0

3 years ago

Concord Corporation reported the following year-end information: Beginning work in process inventory $1080000 Beginning raw mate

jek_recluse [69]

Answer:

Concord Corporation's cost of goods manufactured for the year is $2,490,000

Explanation:

For computing the cost of goods manufactured, we have to use the formula which is given below:

= Opening Work in progress inventory + Direct material used + direct labor + manufacturing overhead - ending work in progress inventory

In the given question, the direct material used is not given, so we have to compute it. The formula is given below:

= Opening balance of raw material inventory + Purchase of raw material - ending balance of raw material inventory

= $300,000 + $930,000 - $480,000

= $750,000

And, the other values will remain the same.

So, the answer would be equal to

= $1,080,000 + $750,000 + $870,000 + $690,000 - $900,000

= $2,490,000

Hence, Concord Corporation's cost of goods manufactured for the year is $2,490,000

3 0

3 years ago

The determinants of the supply of a good are any factors other than the product's ______ that cause the supply curve of the good

Vlada [557]

The determinants of the supply of a good are any factors other than the product's price that cause the supply curve of the good to shift.

<h3>What is supply curve?</h3>

The supply curve can be regarded as graphic representation which is used in showing the relationship that exist between between the cost of a good or service and quantity supplied.

However , the price is seen at the left vertical axis, of the curve and product's price that cause the supply curve of the good to shift.

Learn more about supply at; brainly.com/question/25308213

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5 0

1 year ago

How can gross interest income rise while the net interest margin remains somewhat stable for a particular bank?

Alecsey [184]

Answer:

A bank acts like an intermediary between depositors and creditors. If the market interest rates increase, gross interest income will rise, but all gross interest expense. They will charge higher rates to borrowers, but also must pay higher rates to depositors. The spread probably remains unchanged because both sides increased.

4 0

3 years ago

Select the correct answer.

Montano1993 [528]

Answer:

get each individual to state the problem from his or her viewpoint.

Explanation:

The first step that managers should take to resolve a conflict within a diverse team is to get each individual to state the problem from his or her viewpoint.

3 0

3 years ago

Read 2 more answers