The questions asked by financial managers are:
- What funds do we need to achieve the firm's long-term goals and objectives?
- What sources of long-term funding (capital) are available, and which will best fit our needs?
- What are the organization's long-term goals and objectives?
<h3>Who are
financial managers?</h3>
This refers to managers that are responsible for the financial health of an organization.
Also, these specialized manages create financial reports, direct investment activities, develop financial goals etc.
Read more about financial managers
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Answer:
D. Issue a written communication expressing a conclusion about the reliability of a written assertion that is the responsibility of another party.
Explanation:
An attestation engagement which could also reffered to as assertion- based engagement could be explained as a situation wheryby a third party is allowed to evaluate a subject matter by the clients.
It should be noted that CPA is engaged to: Issue a written communication expressing a conclusion about the reliability of a written assertion that is the responsibility of another party.
Answer:
<em><u>Article 58.- To be a senator, the same requirements are required as to be a deputy, except age, which will be 25 years old on the day of the election.</u></em>
Explanation:
and i'm mexican
Answer:
10.38%
Explanation:
From the question above a bank offers to lend an amount of $10,000 for a period of 1 year
The bank expects an interest of $250 to be paid every 4 months
= $250×4
= $1,000
Total amount of interest= $1,000
The first step is to calculate the nominal interest
= (1000/10,000)×100
= 0.1×100
= 10%
Therefore, the effective annual rate on the loan can be calculated as follows
= (1+r/m)^m-1
r = 10% , m = 4
= [1+(10/100)/4]^-1
=[ (1+0.1/4)^4]-1
= (1+0.025^4)-1
= (1.025^4)-1
= 1.1038-1
= 0.1038×100
= 10.38%
Hence the effective annual rate in the loan is 10.38%
