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3 years ago

What is financial institution

1 answer:

8 0

A financial institution or FI is a company involved in dealing with financial and economic trades such as deposits, loans, investments, and the exchange
of currency’s.

Not sure if that helps but hopefully it gave you an idea of what it is:)

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The essence of _____ marketing is the belief that if businesses deliver valuable information to buyers, customers will reward th

faust18 [17]

Answer:

Explanation:

The essence of marketing is the belief that if businesses deliver valuable information to buyers, customers will reward

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3 years ago

Haberdash inc. last year reported sales of $12 million and an inventory turnover ratio of 3. the company is now adopting a just-

Sindrei [870]

Sales = $12,000,000

Inventory Turnover ratio (old) = 3
Inventory Turnover ratio (new) = 7.5
Freed up Cash = ?
So, let’s find out the freed up cash
 We know level of inventory are calculated as follows;
Inventory = Sales Inventory turnover ratio
Calculating $ value of old inventory
 Inventory Old=$12,000.0003
 =$7.5,000,000
 Calculating $ value of New inventory
 Inventory New=$12,000,0075
 =$3,000,000
 The freed up cash would be=Old Inventory – New Inventory
 =$7.5,000,000 - $3,000,000
=$4.5,000,000

6 0

3 years ago

Read 2 more answers

Travis, the advertising manager of a photo imaging company, is responsible for compiling a list of the company's potential adver

pantera1 [17]

Answer:

Letter C is correct. Delegation of authority.

Explanation:

In the context of organizational authority, the option that is best illustrated in this scenario is the delegation of authority.

This can be defined according to Chiavenato, as a process of transmitting authority and responsibilities to the lower hierarchical positions.

The higher the hierarchy in an organization, the greater the need to delegate authority, so it is essential that a leader perform this process effectively, using the right technique, to delegate authority to the right person, the right task, the right communication and maintaining control and performance evaluation of subordinates, so that the effectiveness of delegation of authority is achieved and that helps the organization to achieve its objectives and goals.

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3 years ago

Read 2 more answers

More accurate estimates and higher motivation are generally the result of using a(n) Blank______ budget. Multiple choice questio

katrin2010 [14]

More accurate estimates and higher motivation are generally the results of using a(n) participative budget.

What is meant by participative budgeting?

In a budgeting procedure called participatory budgeting, those in lower levels of management take part in the creation of the budget.

What are the benefits of participative budgeting?

Participatory budgeting undoubtedly provides a number of benefits, including goal congruence, fiscal responsibility, information sharing from inferior to superior, and greater subordinate work satisfaction.

Is participatory budgeting effective?

The highest-ranking engagement strategy on the participation rung is participatory budgeting because of this. Although it necessitates thorough planning and preparation, it also strengthens the legitimacy of your decision-making and the level of confidence that the community's residents have in their elected officials.

Learn more about participatory budgeting: brainly.com/question/14473563

#SPJ4

3 0

2 years ago

Lakeside Company's schedule of cost of good manufactured include the following for April:Cost of Goods Manufactured $69,300Direc

vichka [17]

Answer:

Work in process inventory at April 30 is $4,700

Explanation:

In this question, we apply the cost of goods manufactured formula which is shown below:

Cost of goods manufactured = Opening balance of work in progress + total manufacturing cost - ending balance of work in progress

where,

Total manufacturing cost = Direct material + direct labor + overhead

= $27,000 + $30,000 + $8,000

= $65,000

So, the ending balance work in progress equal to

= $9,000 + $65,000 - $69,300

= $4,700

3 0

3 years ago

What is financial institution ​

What is financial institution