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3 years ago

Define financial manager

1 answer:

5 0

Financial Managers are accounting professionals who are responsible for the financial wellbeing of a company or organization.

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2. A fancy steakhouse in a shopping mall offers a 20% discount to employees of other stores in the mall, provided that they eat

krok68 [10]

Answer:

Different aspects to be considered:

First of all, the steakhouse probably has the most clients between 6 to 8 PM, that is why discounts are not offered during that time.

Second, the discount is offered to only a certain group, employees of other stores, because it is a promotional strategy aimed at increasing the number of clients during slow hours. Since this is a fancy place, it is probably expensive also. Most employees would not actually eat there except on a special event, e.g. birthday or anniversary dinner. Even with the 20% discount, not many of them will actually eat there.

This is something nice to offer, since a shopping mall is a close environment where a lot of different people work together, even if very few will actually take the offer. It is normal that different stores have distinct promotions for the employees that work there. It is similar to offering perks that help create a better working environment between the employees of different stores.

8 0

3 years ago

Doyle Company issued $360,000 of 10-year, 8 percent bonds on January 1, Year 2. The bonds were issued at face value. Interest is

Lina20 [59]

Answer:

The balance of the equation at end of year 2 is$388,800

The balance of the equation at end of year 3 is $417,600

Explanation:

Assets =Liabilities +shareholders' equity

Land +cash Bonds payable retained earnings

1/1/year 2 $360,000 =$360,000

1/1/year 2 $360,000 ($360,000)

31/12/year2 $53,500 = $53,500

31/12/year2 ($28,800) = ($28,800)

Balance $388,800 = $388,800

Opening balance $388,800= $388,800

31/12/year3 $53,500= $53,500

31/12/year3 ($28,800)= ($28,800)

Balance $ 417,600 $417,600

The interest on bond=$360,000*8%=$28,800

3 0

3 years ago

Which of the following statements is true of copyright? There are different copyright rules for pre and post 1978 works. Congres

Lera25 [3.4K]

Answer:

Correct option is (a), Different copyright rules for pre and post 1978 works

Explanation:

Copyright is a right given exclusively a person who has created a new work and reproduce it for a stipulated time. It is granted for a stipulated time period.

For all creations after 1978, copyright is granted for the years that the creator live and seventy years after his life.

For creations before 1978, that were not published, same rules are applicable as of post 1978 period. However, for works published before 1978, copyright was granted for total 95 years that is divided between 28 years from the date of registration of work and renewed for 67 years on expiry.

So copyright rules differ for works published pre and post 1978.

8 0

3 years ago

Parker & Stone, Inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company

djverab [1.8K]

Answer:

Cash flow amount = $17.52 million.

Explanation:

Cash flow amount = $4.8m of land + $12 m of building + $720k of grading = $17.52 million.

5 0

3 years ago

Read 2 more answers

The _____ established a minimum wage and overtime pay for employees working more than 40 hours a week.

r-ruslan [8.4K]

According to the historical and information record, the Fair Labor Standards Act of 1938 established a minimum wage and overtime pay for employees working more than 40 hours a week.

Fair Labor Standards Act of 1938 was made to improve the working conditions of employees and also protect their rights against exploring employers.

The Fair Labor Standards Act of 1938 established standards on minimum wage, working hours, and oppressive child labor.

Hence, in this case, it is concluded that the correct answer is the "Fair Labor Standards Act of 1938."

Learn more here: brainly.com/question/15966261

6 0

2 years ago

Define financial manager​

Define financial manager