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Mandarinka [93]
3 years ago
8

Which short-term financial managers are involved with selling on credit and are directly responsible to the vice president of fi

nance?
Business
1 answer:
gregori [183]3 years ago
5 0

Answer:

The credit manager, and the Controller

Explanation:

The credit manager is responsible for maintaining the credit policy, in order to fulfil this target they are responsible to look at the sales and ensure the credit sales are in the sales limit.

Further that the company do not have the bad debts, it shall verify each customer properly that they have enough funds, and ensure their credibility.

Controller is responsible for maintaining the financial records of accounts, and reporting the transactions to managers.

Accordingly, Credit manager along with controller are directly responsible to the vice president of finance.

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Joe walks into Best Buy prepared to spend no more than $500 cash on a new computer, but the price turns out to be $600. Joe is t
motikmotik

Answer:

Irrational decision

Explanation:

Irrational decisions refer to those decisions which are not taken after enough deliberation, ignore the rationale, facts and logic, are rather decided out of whim and impulse and usually instantly decided.

In the given case, Joe was not willing to pay more than $500 cash yet eventually ended up paying $600. Even if the $25 gift card is considered, he ended up paying $575 which is more than he had decided to pay.

The choice of the consumer here is not rational or rather irrational since, he without considering other alternatives or exercise of judgement, without evaluating his costs, impulsively opted for the credit card lured by $25 gift card.

As per the economic theory, Joe's decision would be referred to as irrational.

8 0
3 years ago
For businesses that gross in excess of $10 million per year, pro forma amounts are usually ________. rounded to the nearest ten
KatRina [158]

Answer:

rounded to the nearest ten thousand dollars

Explanation:

The term pro forma financial statements refers to a type of financial statement which estimates future financial results. It doesn't follow the GAAP, instead it is designed to focus on specific figures about a company's expected earnings. Although pro forma financials are only expected financial statements, it is still illegal to mislead investors using them.

5 0
3 years ago
when conducting a multi-criteria analysis, how would you determine the best option upon concluding the analysis?
navik [9.2K]

The highest score is the best option upon concluding the multi-criteria analysis .

<h3>What is a multi-criteria analysis' benefit?</h3>

By evaluating the results, performance, implications, and trade-offs of various policy alternatives, a Multi-Criteria Analysis (MCA) can be used to discover and contrast them. MCA offers a methodical method for supporting complicated decisions in accordance with predetermined standards and goals.

<h3>What is a multi-criteria analysis' benefit?</h3>

Managers can make environmental management decisions that involve trade-offs between a variety of intended management action outcomes with the aid of multi-criteria analysis. Transparent decision modeling begins with clearly specified criteria and hierarchically arranged objectives (particularly when employing qualitative measures).

To know more about multi-criteria analysis visit:

brainly.com/question/14863437

#SPJ4

3 0
1 year ago
A corporation has the following account balances: Common Stock, $1 par value, $80,000; Paid-in Capital in Excess of Par Value, $
Nitella [24]

Answer:

b. number of shares issued is 80,000

Explanation:

In the question, the common stock par value and the total amount is given. Moreover, paid-in capital is also given.

So, if we compute it, then it gives the number of shares issued because it contains a formula which is shown below:

Number of shares issued = (Common stock ÷ Par value)

= ($80,000 ÷ $1)

= 80,000 shares

So, paid-in capital is not relevant in the computation part, and therefore, the other options are wrong except b. option.

7 0
3 years ago
Baby Goods Inc. buys Child Shops Inc. in an attempt to gain monopoly power. Remedies that a court might impose in a suit against
zhuklara [117]

Based on the information given regarding the monopoly power, the remedy by the court will be<u> divesting itself of the control or ownership of</u><u> Child Shops</u>.

It should be noted that antitrust laws are put in place in order to protect consumers from business practices that are predatory and also ensure fair competition.

Since antitrust laws recommend the breaking of certain business conducts, there'll be the divesting of the company of the control or ownership of Child Shops.

Learn more about monopoly on:

brainly.com/question/13113415

6 0
3 years ago
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