'Financial management of a business, agency, household or another economics unit involves the acquisition and use of financial resources and the protection of equity capital from various sources of risk.
Financial management is the business function concerned with profitability, expenditure, cash, and credit, and ensures that "an organization has the means to achieve its objectives as satisfactorily as possible." The latter is often defined as maximizing shareholder value.
Financial Management is the strategic planning, organization, management and management of financial companies in an organization or institution. It also includes applying management principles to the financial assets of the organization while playing a key role in tax administration.
Financial Management is defined as the management and analysis of money and investments for the purpose of making business decisions by individuals or organizations. An example of financial management is the work of a company's accounting department.
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In maturity stage of the product life cycle a firm would most likely use price reductions and reminder advertising.
<h3>What is product life cycle?</h3>
A product life cycle can be regarded as length of time from introduction of a product to consumers till the the consumer get the product.
This comes in stages, one of the this stage is
maturity stage of product life cycle where discount is used for consumers.
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Answer:
(a) 0.1224
(b) 0.3825
Explanation:
Given that,
Net income = $15,300,000
Net sales = $450,000,000
Total assets = $125,000,000
Stockholders’ equity = $40,000,000
(A) Return on assets:
= Net income ÷ Total assets
= $15,300,000 ÷ $125,000,000
= 0.1224
(b) Return on equity:
= Net income ÷ Stockholders’ equity
= $15,300,000 ÷ $40,000,000
= 0.3825
Our moral ideas are definitely influenced by the prevailing ones in society, ones which are reinforced by the news media on a daily basis. For example, the moral idea that it is acceptable to punish Venezuela for conducting its own internal elections is pushed in the media, and the UN non-interference in the internal affairs of other countries and respect for the sovereignity and territorial integrity of other countries is ignored. On the other hand, I believe it is becoming more acceptable for a white man to marry a non-white person and have the free choice to do so, though the Trump supporters don't believe this.
Answer:
$165,000
Explanation:
The computation of the amount of over- or underapplied overhead is shown below:
The Predetermined overhead rate is
= Predetermined overhead ÷ direct labor cost
= ($300,000 ÷ $200,000)
= 150% of direct labour cost
Now
overhead applied is
= (150% × $280,000)
= $420,000
And,
Actual overhead=$255,000
So,
overhead overapplied is
= $420,000 - $255,000
= $165,000
