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e-lub [12.9K]
3 years ago
6

What does the CFO of a company do? A. Manage the financial health of the company B. Manage the technological areas of the compan

y C. Oversee the company's daily activities D. Run the company and set long-term strategies and decisions
Business
2 answers:
nirvana33 [79]3 years ago
6 0
CFO stands for Chief Financial Officer, so the answer is A. Manage the financial health of the company.

Hope this helps!
juin [17]3 years ago
4 0
A Is the correct answer I think CFO stands for Chief Financial Officer. 
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A project will produce an operating cash flow of $136,000 a year for three years. The initial cash outlay for equipment will be
pashok25 [27]

Answer:

     NPV  =$ 60,311.80

Explanation:

<em>The net present value (NPV) of a project is the present value of cash inflow  less the present value of cash outflow of the project.</em>

NPV = PV of cash inflow - PV of cash outflow

We can set out the cash flows of the project using the table below:

                                                  0                  1                   2                 3          

Operating cash flow                                136,000     136,000    136,000

Initial cost                              (274,000)

Working capital                     (61,000 )                                          61,000

Salvage value                        <u>               </u>    <u>             </u>      <u>           </u>      1<u>5000  </u>              

Net cashflow                     <u> (335,000)  136,000      136,000      212,000.</u>

PV  inflow= (136000)× (1.1)^(-1) + (136,000× (1.1)^(-2) + (112,000)× (1.1)^(-3)

       =  395,311.80

NPV =395,311.80 -335,000

       =$ 60,311.80

3 0
3 years ago
The amount by which the overhead applied to jobs during a period exceeds the overhead incurred during the period is known as: Mu
liubo4ka [24]

Answer:

E. Over applied overhead

Explanation:

Over applied overhead is defined as excess amount of overhead applied during a production period over the actual overhead incurred during that period. In other words, it means excess overhead applied to work over the amount of overhead actually incurred.

When this occurs, it is called favourable variance and it is added to the budgeted profit in the end of the accounting period in a financial statement.

5 0
3 years ago
margo borrows $800, agreeing to pay it back with 5% annual interest after 7 months. how much interest will she pay?
Gala2k [10]

Answer:

23

Explanation:

800 * 5% * (7/12) = 23.333

dividing 7 by 12 coz there r 12 months in a year and she is paying for 7.

7 0
1 year ago
5. Categorize each of the following funding schemes as examples of the benefits principle or the ability-to-pay principle. a. Vi
Simora [160]

Answer:

b, c and a

Explanation:

Ability to pay principle refers to an economic principle that states that the amount of tax an individual pays should be <u>dependent on the level of burden the tax will create relative to the wealth</u> of the individual.

Based on the above definition, the first category will be:

1. Local property taxes support elementary and secondary schools. <em>This tax will definitely generate the biggest tax burden of the 3 cases in the scenario.</em>

2. An airport trust fund collects a tax on each plane ticket sold and uses the money to improve airports and the air traffic control system. <em>Obviously this tax will be of a higher burden than paying national park entrance fees but will not be as heavy as local property taxes</em>

3. Visitors to many national parks pay an entrance fee. <em>Park entrance fees will be of the lightest burden of the three cases in the scenario.</em>

<em />

7 0
3 years ago
Lobbying, or building and maintaining relations with legislators and government officials to influence legislation and regulatio
Elanso [62]
The statement that is being described is a part of public relations. It is because the public relations' function is to be able to maintain their image with of the company, organization or to the public. They maintain this relationship in order to display a positive image and to be able to be known to the public and to have a strong support or bond that they want to have or accomplish.
6 0
3 years ago
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