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zavuch27 [327]
3 years ago
7

The primary goal of the financial manager of a profit-seeking organization is to

Business
2 answers:
Colt1911 [192]3 years ago
8 0
The primary goal of the financial manager of a profit-seeking organization is to make profits. This will keep the company in a great market position.
max2010maxim [7]3 years ago
8 0

Group of answer choices:

A) Increase earnings  

B) Maximizing cash flow  

C) Maximizing shareholder wealth  

D) Minimizing risk of the firm

Answer:

The correct answer is letter "C": Maximizing shareholder wealth.

Explanation:

Over the long run, financial management combines many approaches to add value to the business. This could be accomplished by sustainably generating revenue and increasing the valuation per share of the stock of the company which boosts the value of the business in the market as a whole. <em>One of the most important financial management priorities is to increase the wealth of the stakeholders.</em>

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In response to duracell's introduction of the duracell ultra battery, energizer introduced an advanced formula battery. but unli
erastovalidia [21]
No, because consumers equate quality of batteries with higher prices. With batteries consumers believe there is a price- quality relationship, it does not make the consumers, price insensitive. Also, there is no indication Energizer set a target price and adjusted cost and quality components to maintain wholesaler and retailer margins. 
6 0
3 years ago
Marvin Services Corporation had the following accounts and balances: Accounts payable $ 6,000 Accounts receivable 8,000 Cash 7,0
patriot [66]

Answer:

The balance of the company's retained earnings account is $33,000

Explanation:

The computation of retained earning balance is shown below:

= Assets - Liabilities - shareholder equity

where,

Assets = Accounts receivable + Cash + equipment + prepaid insurance + supplies

= $8,000 + $7,000 + $44,000 + $4,000 + $2,000

= $65,000

Liabilities = Accounts payable + notes payable + unearned service revenue

               = $6,000 + $8,000 + $3,000

               = $17,000

And, the common stock is $15,000

Now put these values to the above formula

So, the answer would be equal to

= $65,000 - $17,000 - $15,000

= $33,000

3 0
4 years ago
Outsourcing is becoming more and more common, but it is a controversial idea in the United States. Why do you think this is such
aliya0001 [1]

Answer:

Outsourcing is a contested idea because the original company loses control of the job they are trying to complete. Outsourcing is a bad idea because it also causes jobs to be lost.  (you might want to change the wording a bit.)

Explanation:

8 0
3 years ago
Based on your understanding of the impact of macroeconomic factors, identify which of the following statements are true or false
lawyer [7]

Answer:

  1. True
  2. False
  3. True
  4. True

Explanation:

When an economy has a strong balance sheet and a declining budget deficit, it means that there is less need to borrow from the market which would keep rates lower.

When the economy is weakening, the Fed will try to stimulate it by engaging in actions that weaken short term interest rates so that people and businesses can borrow at lower cost and invest or buy goods and services.

When investors are worried about the riskiness of other financial assets, they usually come to safer assets like U.S. Treasury bonds so that they do not lose money and this is what happened in the credit crisis of 2008. More demand for the bonds led to a rise in their price.

3 0
3 years ago
Let illustrate what you you know about materiality concept.
guapka [62]

Answer:

rfb rgab rko

its a study meeting of girls i am also girl here we only study boy were not allowed because he disturb here we only study its safe meeting of girl here we only study

5 0
3 years ago
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