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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 order for money to work properly, there can be only a certain amount of it in
tino4ka555 [31]
A.limited supply hope that helps
8 0
2 years ago
Ferdinand’s employer will match 50% of his $250 monthly contributions to his 401(k). This means that Ferdinand’s employer will p
irina [24]

Answer and Explanation:

The computation of the given question is shown below:-

Total Contributions = Monthly contribution + Amount invested in Ferdinand’s 401(k)

= $250 + $125

= $375  

1. Future Value = PMT [((1 + r)n - 1) ÷ r

Future value = 375 × ((1 + 0.03 ÷ 12) × 12 × 40 - 1) ÷ (0.03 ÷ 12)

= $347,272

2. Ferdinand deposit = Given Amount × Total number of months in a year × Number of years

= $250 × 12 Months × 40 Years

= $120,000

3. The Amount put in by the employer = 50% of $250 ×Total number of months in a year × Number of years

= $125 × 12 Months × 40 Years

= $60,000

4. Interest = Future value - Ferdinand deposit - The Amount put in by the employer

= $347,272 - $120,000 - $60,000

= $167,272

We simply applied the above formulas

4 0
2 years ago
Ewing Marion Kauffman was an entrepreneur who invented a number of new drugs for the healthcare industry.
Bumek [7]

<u>TRUE</u>

<em>Ewing Marion Kauffman was an entrepreneur who invented a number of new drugs for the healthcare industry.</em>

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4 0
3 years ago
Read 2 more answers
ABC Brothers' cleaning products and equipment are sold to consumers and commercial cleaning companies in Best Supply's janitoria
Karolina [17]

Answer:

Distributor.

Explanation:

A distributor is a whole seller nominated by a company to most times exclusively redistribute the company products to all retailers and institutions in a designated territory.

A distribution may be required under three circumstances:

-for entering into a new town.

-for additional coverage in the same town.

-for replacing an existing distributor.

The expectations from the distributors must be defined right at the beginning so that the perspective candidates can be advised and secondly to get the right kind of distributors.

3 0
2 years ago
The financial statement that summarizes the profit-generating activities of a company during a particular period of time is the_
BabaBlast [244]

Answer:

Income statement.

Explanation:

The financial statement that summarizes the profit-generating activities of a company during a particular period of time is the Income statement.

Income statement is one of the most important financial statement used to analyze the financial performance of the company. It show the revenue and expense of the company in the particular period of time. It help the management to understand the profitablity of the company during specified period of time. The other two important financial statement are Balance sheet and statement of cash flow.

4 0
2 years ago
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