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10 months ago

Profit maximization fails to provide an appropriate goal for financial managers because.

1 answer:

8 0

Profit maximization fails to provide an appropriate goal for financial managers because it lacks a time dimension it ignores risk.

Profit maximization is the primary intention of any business, and consequently it's also an goal of monetary management. In monetary control, it represents the procedure or the technique by which income incomes consistent with percentage (EPS) is improved.

It enables in attaining the gadgets to maximize the business operation for earnings maximization. The ultimate goal of any commercial enterprise is to earn a large quantity of go back in terms of earnings. for this reason, this goal of financial control considers all the viable approaches to boom the profitability of the enterprise situation.

The wealth maximization approach aims at maximizing the wealth of the shareholders by growing EPS. Means that the wealth maximization technique is considered better than earnings maximization because wealth maximization technique makes a speciality of the lengthy-term boom and development of an corporation.

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Maria wants to start a restaurant of her own. as she does not have any savings, she approaches her bank for money and enters an

Art [367]

Answer:

Line of credit

Explanation:

Line of credit ( LOC )-

It is the monetary value , which the bank or any credit union agrees to lend , with a predefined limit , from which the person can use the amount and then the interest is paid for the amount the person has borrowed , is known as line of credit .

In the case of LOC , a maximum limit , the interest rate and the time to repay back the amount with some minimum payments is defined beforehand .

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3 years ago

The Science of Macroeconomics

Yuliya22 [10]

Answer:

Macroeconomics deals with events that affects the entire country or industry as a whole while Microeconomics affects individual members of the economy such as companies and people.

A. Congress recently passed the Tax Cuts and Jobs Act of 2017. MACRO

This Act will affect the entire nation so it will fall under Macroeconomics.

B. Amazon now has a 40% share of all e-commerce revenues. MICRO

Amazon is a single company in the market so things related to it will be considered on a micro economic level.

C. Tuition at the local university increased 11% from last year. MICRO

The local university like Amazon, is a single body in the economy and so they are a microeconomic player.

D. The U.S. unemployment rate fell below 4% in 2018. MACRO

The unemployment rate of a nation relates to the nation as a whole so this will fall under macroeconomics.

3 0

2 years ago

Hildegard, an intelligent and charming Holstein cow, grazes in a very large, mostly barren pasture with a few patches of lush gr

emmainna [20.7K]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

4 0

3 years ago

Which of the following statements is true? a) You will always pay less interest with a 15-year mortgage than with a 30-year mort

horrorfan [7]

<span>b) With an adjustable rate mortgage, the interest rate always increases after the first five years

</span>

4 0

3 years ago

malcolm movers charges a base rate of $200 per move plus $150 per hour and $2 per mile. write a program named moveestimator that

Marta_Voda [28]

Here's a program called MoveEstimator that prompts the user to accept an estimate of the number of hours of work and miles the move will take and displays the total cost of the move:

<u>x = int(input("number of hours for the job "))</u>
y = int(input("number of miles involved "))
def MoveEstimator(x, y):

return 200 + 150*x + 2*y
print(MoveEstimator(x, y))

Computer programs are written by programmers. Writing the 1s and 0s in machine-readable machine language is very difficult, so computer programmers write them in programming languages. The format of the program determines the structure of the course. At AIR, the program format is specific to an academic component with some kind of program of study.

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7 0

1 year ago