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3 years ago

What does the CFO of a company do?

Business

1 answer:

marissa [1.9K]3 years ago

6 0

Answer:

the job of a CFO is to optimize a company's financial performance

Explanation:

including: reporting, liquidity, and return on investment

i hope this helps you i had to remember back

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On January 1, 2018, Baddour, Inc., issued 10% bonds with a face amount of $168 million. The bonds were priced at $147.2 million

bagirrra123 [75]

Answer:

(A)Balance sheet

Bonds at September 30th

Bonds Payable 168,000,000

Discount on Bonds (20,152,000)

Interest Payable 12,600,000

Net 160,448,000

(B) Income Statment

Interest Expense 13,248,000

(C)Cash Flow Statment

Financing

Cash generate for Bonds issued 147,200,000

Explanation:

Jan 1st, 2018 168,000,000 face value

Issed at 147.2M for an effective rate of 12%

Discount of 20.8M

Bonds at September 30th

accrued interest expense: 147,200,000 x 12% x 9/12 = 13,248,000

interest payable: 168,000,000 x 10% x 9/12 = 12,600,000

amortization of Discount: 648,000

7 0

3 years ago

To prevent concurrent access of records, a transaction requires a ____ prior to data access. key grain timestamp lock

11111nata11111 [884]

Answer:

Lock

Explanation:

Locks is a mechanism to avoid the access of records from interacting with one another either in the form of user objects for example tables and/or rows or system objects not cannot be seen by the user such as data shared in memory.

The system (Oracle) obtains all the required locks when executing the transaction request so as to avoid any hassle faced by the user and so that they don't require to be bothered by it. This way the system provides both highest degree of data monitoring with lowest restriction.

Moreover, a fail safe data integrity is provided by the system in case of any failure. This lock can also be done manually by the user.

4 0

3 years ago

Your father is now planning to retire, and his employer has promised him a guaranteed, but fixed, income of $50,000 per year for

ohaa [14]

Answer:

Explanation:

You need to use the Inflation-Adjusted Return formula:

$InflationAdjustedReturn=\frac{1+return}{1+inflationrate}-1$

So, basically you need to calculate it year by year. You can use excel, or an online calculator. I will attached you a link where you can find a good one. But this would be the process

$InflationAdjusted ReturnYear1=\frac{1+return}{1+inflationrate}-1=\frac{1+50000}{1+0.05}-1=47,619$

$InflationAdjusted ReturnYear2=\frac{1+returnyear1}{1+inflationrate}-1=\frac{1+47,619}{1+0.05}-1=45,351$

$InflationAdjusted ReturnYear3=\frac{1+returnyear2}{1+inflationrate}-1=\frac{1+45,351}{1+0.05}-1=43,192$

And so on...

$InflationAdjusted ReturnYear20=\frac{1+returnyear19}{1+inflationrate}-1=\frac{1+19,787}{1+0.05}-1=18,844$

Keep in mind that I did not write all decimals. You need to consider them if you want an exact answer

Online calculator:

https://www.ameriprise.com/research-market-insights/financial-calculators/savings-taxes-inflation/

3 0

3 years ago

A. how much would the firm’s revenue change if it lowered price from $12 to $10? is demand elastic or inelastic in this range?

Alekssandra [29.7K]

Its InElastic Because It Lowered Hope It Helped :)

8 0

3 years ago

Farrell wants to retire in six years. To have sufficient assets to fund retirement, Farrell needs to accumulate an additional $4

Mademuasel [1]

Answer:

$73,070.5

Explanation:

Inflation erodes the value of money. It makes more quantity of money to required to buy the same basket of food and services in the future.

With inflation, to calculate the the quantity of Dollars needed in n years time, we use the formula;

Inflated amount = h × (1 + f)^n

h= amount required today, f - inflation rate, n- number of years

So if Farrell needs $400,000 in 6 years time in real terms, with an inflation of 5% per year, he would need to have a quantity of money equal to

1.05^6 × 400,000 = $536,038.3.

To provide for $536,038.3 in 6 years time, he would need to contribute into a sinking fund on a yearly basis, an equal amount denoted as "A" in the formula below:

FV = A × ((1+r)^n - 1)/r

FV - 536,038.3, r - 8%, n = 6

536,038.3 = A × ((1+0.08 )^(6) - 1)/0.08)

536, 038.3 = A × 7.3359

536,038.3/7.3359 = A

$73,070.5 = A

Farrell should invest at the end of every year

$73,070.5

7 0

3 years ago