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3 years ago

How does the finance function contribute to the business

Business

1 answer:

Harrizon [31]3 years ago

8 0

Answer:

In business, the finance function involves the acquiring and utilization of funds necessary for efficient operations. Finance is the lifeblood of business without it things wouldn't run smoothly. It is the source to run any organization, it provides the money, it acquires the money. (got the answer from google hehe)

Explanation:

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I think the answer is A

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3 years ago

The graph illustrates a change in the market for bicycles. Which statement could explain the graph?

olchik [2.2K]

Based on the graph that shows the change in the market for bicycles, the statement that explains the graph is The demand for bicycles increased due to news about the health benefits of exercise. The market price & quantity increased.

<h3>Which statement explains the supply and demand graph?</h3>

The question is not complete as the graph is not given. However, an answer can be formulated based on the laws of demand and supply.

The most likely option to be true is that the demand for bicycles increased due to news about its health benefits and then this led to the market price and quantity increasing.

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1 year ago

Based on its perceived riskiness, the annual required rate of return is 11.5% for shares of Cyberdyne Inc. The company just paid

Ugo [173]

Answer:

the estimated price of the stock in 5 years, using the Dividend Discount Model is $216.38

Explanation:

The calculation of the estimated price of the stock in 5 years is given below:

= 5th Year dividend ÷ (Required return - Growth Rate)

Dividend at year 5 should be

=Dividend at year 0 × (1 + Growth Rate)^5

= $8.69 × (1.061)^5 ÷ (0.11.5 - 0.061)

= $216.38

Hence, the estimated price of the stock in 5 years, using the Dividend Discount Model is $216.38

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3 years ago

A local county commissioner is under fire for utilizing an out-of-county florist owned by her daughter to purchase flower arrang

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A conflict of interest

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2 years ago

Direct Materials Used, Cost of Goods Manufactured In September, Lauren Ashley Company purchased materials costing $200,000 and i

kirill115 [55]

Answer:

(a) $190,000

(b) $635,000

Explanation:

(a) Cost of material Consumed:

= Opening Stock of material + Purchases - Closing Material

= $1,20,000 + $200,000 - $130,000

= $190,000

(b) Total Manufacturing cost:

= Direct Material + Direct labor + Overhead

= $190,000 + $120,000 + $325,000

= $635,000

= Total Manufacturing cost + Work in progress Beginning - Work in progress End

= $635,000 + 80,000 - 90,000

= $625,000

8 0

3 years ago

How does the finance function contribute to the business​

How does the finance function contribute to the business