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zepelin [54]
3 years ago
5

Finance managers spend the majority of their time managing ____.

Business
2 answers:
Juli2301 [7.4K]3 years ago
8 0

Answer:

The answer would be, long-term financial needs

Explanation:

Financial managers maintain a firm’s financial health by developing long-term investment activities and financing strategies.  In order to develop these long-term investments and financing activities, financial managers conduct data analysis and offer advice to senior management on ideas that can maximize the firm’s profits. Moreover, financial managers develop direct investment activities, financial reports, and formulate plans and strategies to achieve the long-term financial goals of a company.  

AfilCa [17]3 years ago
8 0

Answering the question, finance managers spend the majority of their time managing short-term financial needs.

Short time finance can be defined as finance needs for a short period. The short period is usually not up to a year. In many businesses, short term finance is also called working capital financing.

<h2>Further Explanation</h2>

Businesses need short time finance to take care of the uneven flow of cash, and for most firms, short term finance is used to finance all kinds of inventory and many more.

There are different types of short term financing and these include:

  • Trade credit
  • Short term loans
  • Business line of credit

Trade credit: firms can get also receive credits from their suppliers or manufacturers. This type of credit is called trade or mercantile credit. The duration of the credit usually lasts between 30 and 90 days. A firm can access trade credit upon opening an account with their suppliers.

Short term loans: firms can also take advantage of short terms loans. This type of short term financing can be granted by banks or other financial institutions.

Business line of credit: it is regarded as the most suitable of all the types of short term financing. It is a type of short term financing in which a certain amount is approved by a financial institution. The firm will have to make a deposit anytime their customers make a payment to the firm.

LEARN MORE:

  • Binh was recently named general manager of a newly created business brainly.com/question/13500110
  • Finance managers spend the majority of their time managing brainly.com/question/6711724

KEYWORDS:

  • finance mangers
  • short term needs
  • majority
  • company
  • inventory
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Amanda [17]

Answer:

6.14%

Explanation:

The rate of return for the date given in the question for the asset shall be determined through calculating Internal rate of return on this asset, which shall be calculated as  follows:

Year          Cash flow               Present [email protected]%     Present [email protected]%

0               ($7,250)                  ($7,250)                      ($7,250)

1                 $750                       $714.29                      $681.82

2                $1,000                    $907.03                     $826.45

3                $850                       $734.26                     $638.62

4                 $6,250                    $5,141.89                   $4,268.83

                                                   $247.7                       ($834.28)

IRR=A%+[a/(a-b)*(B%-A%)]

A%=5%, a=$247.7 B%=10%  b=(834.28)

IRR=5%+[247.7/(247.7+834.28)*(10%-5%)]

IRR=6.14%

4 0
3 years ago
Yoo need help ? Can anyone help me or lead me to where I can get good micro help
Valentin [98]

Answer:

Check the difference between each two / each pair if buyer and seller.

(note that the surplus could be split between them, making it effectively a win-win-scenario. but it could also be extremely good for one of them, yet just at the limit for the other one)

a) $11

b) $8

c) $6

d) add every max. buying price up ($64) and do the same with all the minimum selling prices ($33)

the difference between these two is your answer: $31

5 0
3 years ago
5. One-year interest rates are 2% in the U.S. and 5% in Canada. “Jackie the carry trader” borrows $3,000,000 to execute a carry
pogonyaev

A)

  • Firstly convert $3000000 into CAD

          So, CAD is 3405221.33938

  • Invest CAD  in Canada 5% for 1 year
  • In t= 1yr realize canadian investment with interest so, CAD  on maturity

        = CAD 3405221.33938 (1+ 0.05)

        = CAD 3575482.40634

  • Again now convert CAD into US $ so, equivalent  US $ realised on conversion = CAD 3575482.40634 * $0.865/ CAD

                            = $ 3092792.28148

  • US repayment = $ 3000000*(1+ 0.02)

                                  = $ 3060000

That's why,

Profit over the year = $3092792.28148- $3060000

                                  = $32792.28148

B) doesn't depreciates relative to USD

C) appreciates relative to Canadian dollar

D) BEEX = US$ borrowings to be repaid with interest/ CAD realized with interest on maturity

               = $3060000/ CAD 3575482.40634

               = 0.8558

Learn more about this-

brainly.com/question/3729664

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7 0
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Sally Mitchell works as a manager at an environmental organization. She is currently working on a global warming project and dec
rewona [7]

Answer: B) Organizing

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Other definitions that don't apply here are explained below.

A) Planning - INCORRECT. Planning is the first step towards creating an event or activity. It is the process of brainstorming and thinking about what is needed to achieve a goal.

C) Scrutinizing - INCORRECT. Scrutinizing means thoroughly evaluating or inspecting something.

D) Controlling - INCORRECT. This is a function done by management that involves comparing set standards to actual standards to confirm that tasks have been performed in accordance with the plans set.

E) Envisioning - INCORRECT. This means to visualize a possibility that can occur in the future.

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Which of the following categories require a privileged-level access agreement?
frozen [14]
Privileged-level access is granted to authorized personnels that could affect the important files, data, network communications, etc. In the provisions of the Information Security and Policy, privileged access may be given to authorized management accounts. However, they still have to follow the guidelines and procedures of the organization.

The answer is letter D.
8 0
4 years ago
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