While making financial decision one should keep in mind the Cost-benefit analysis, marginal analysis, trade-offs, and opportunity costs.
<h3>What are the strategies for making better fianancial decision?</h3>
The success of your firm will depend on the wiser financial decisions you make, among other things. Financial errors can have devastating repercussions and seriously ruin your business venture. You must be familiar with your company's financial data in order to develop stronger financial decision-making techniques.
1. Consistently Use Reliable Accounts
2. Invest in financial education 
3. Regularly compare cash flow forecasts to actuals 
4. Ensure That Major Initiatives' Financial Impact Is Always Calculated
5. Have Your Team Participate In Decision-Making
6. Consistently monitor financial performance
Learn more about the Business finance with the help of the given link:
brainly.com/question/10024737
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I would say "B. Who is the enemy?" , because of its generalization and vagueness. I recommend looking deeper into the definitions, but who is the enemy is definitely my choice.
        
             
        
        
        
Answer:
a. Inventory Turnover:
= Cost of goods sold / Average inventory for the year
= 642,400 / 210,000
= 3.06
b. Number of days' sales in inventory
= Ending inventory / (COGS / 365)
= 156,409 / (642,400 / 365)
= 88.9 days 
c. Accounts receivable turnover
= Net sales / Average Accounts Receivable 
= 1,022,000 / 43,000
= 23.77 times 
d. Number of days sales in accounts receivable
= Accounts Receivable at year end / (Net sales / 365)
= 22,400 / (1,022,000 / 365)
= 8 days
 
        
             
        
        
        
<span>The amount of interest expense recognized by Congo Express Airways would be $199,334 after one year of being issued. This is calculated by finding 6% of the $3,700,000 which is $222,000. Then subtracting the amortized amount of $22,666 per annum, which was found by doubling the 6 month rate of $11,333. This gives you a total of $199,334.</span>
        
             
        
        
        
Answer and Explanation:
The computation is shown below
a. The economic order quantity is 
= sqrt ((2 × annual demand × ordering cost) ÷ carrying cost)
= sqrt ((2 × 1,215 × $10) ÷ $75)
=  18 units
b) Average number of bags on hand is 
= EOQ ÷ 2 
= 18 ÷ 2 
= 9
c) Orders per year is 
= D ÷ EOQ 
= 1215 ÷ 18 
= 67.5 
= 68
d) Total cost = Total carrying cost+ Total ordering cost
= (Q ÷ 2)H +(D ÷ Q)S
= (18 ÷ 2)75 + (1215 ÷ 18) × 10
= 675 + 675
= $1350