Answer:
A financial planner is the person who helps company meet long term financial goal. A financial expert is a broader term who manages money including bonds and investments.
Explanation:
A financial planner is a person who makes financial plans and financial statements such as cash flow statements. These plans can be about tax, retirement etc.
A financial expert is a person who has an understanding of generally accepted accounting principles,financial statements, internal control and procedures for financial reporting and understanding of audit committee functions.
there are different kinds of financial planners but a financial expert can help financial planner.
Answer:
The company's income will decrease in $1,500
Explanation:
Giving the following information:
Burlington Company offers to purchase 3,000 units at $9 each. HHI will incur special shipping costs of $2.50 per unit. HHI Company $7 of variable costs.
The company has unused capacity, so we will not have into account the fixed costs.
Total variable cost= 7 + 2.5= 9.5
Selling price= 9
Marginal contribution= -0.5
Effect in income= -0.5*3000= $-1,500
Answer: C. They choose channels that specialize in the kinds of goods they make.
Explanation:
In selling their goods to the consumers, Manufacturers have to identify the characteristics of various Distribution channels and then pick the one that they fell aligns most to their company.
The specializations of the various Distribution channels determine how the company will sell it's products because they operate in different ways. For example, Direct distribution channels use wholsealers and retail shops whilst Indirect uses online sales for the most part. Some might use Select distribution channels where their goods at only marketed in stores that are known for the type of goods the company sells such as clothes and handbags.
It pays to use a distribution channel that is related to their type of good.
Answer:
The condition which states that the domestic interest rate equals the foreign interest rate minus the expected appreciation of the domestic currency is called <u>Interest Rate parity</u>
Explanation:
The interest rate parity condition explains the relationship between domestic and foreign interest rates, and also factoring in alongside the appreciation of the home or domestic currency.
Interest rate parity condition states that the difference in interest rate between two countries will be equal to the difference between their forward exchange rate and their spot exchange rate.
Therefore in very simple terms, interest rates are linked to exchange rates
Answer:
B. 0.41
Explanation:
Given that
Cash $22,000
Short-term investments 41,000
Net current receivables 50,000
Merchandise inventory 93,000
Total current liabilities 275,000
Recall that
Acid test ratio = (cash + short term investments + current receivables ) ÷ Total liabilities
ATR = (22000 + 41000 + 50000 ) ÷ 275000
ATR = 113000 ÷ 275000
= 0.4109
= 0.41
Note that, inventories is not added because Acid test ratio also called quick ratio compares current asset with current liabilities and inventories can be difficult to sell in current terms.