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3 years ago

Making sales to a customer on credit is an example of a decision, and would be the responsibility of the __.

Business

1 answer:

PIT_PIT [208]3 years ago

5 0

Correct/Complete Question:

Making sales to a customer on credit is an example of a ________ decision, and would be the responsibility of the __________.

A) Working Capital; Controller

B) Capital Structure; Controller

C) Capital Budgeting; Treasurer

D) Capital Structure; Treasurer

E) Working Capital; Treasurer

Answer:

E, Working Capital, Treasurer

Explanation:

A working capital refers to the capital required by a business to ensure its day-to-day business operations. It can also be said to be the capital available to businesses, the government,as well as other firms in need.

A treasurer in the other hand is an individual responsible for the financial management of an organization. By financial management of an organization, a treasure has the responsibility of analyzing and balancing the organization's bank statements, choosing what banks to be used by the organization, etc among other things.

Since a treasurer is responsible for managing financial service. of an organization, the treaurer reserves the power to sell to anyone on credit the treasure will know how to include that in the financial statement.

Cheers.

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If the general education level within a country rises significantly over time, it is likely that: the country’s production possi

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Answer: Option (D) is correct.

Explanation:

Correct: The country’s production possibilities curve will shift out.

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So, if there is any improvement in the factors such as technology advancement and level of education will generally results in higher economic growth and increase in the level of output.

Hence, there is an outward shift in the production possibility frontier.

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3 years ago

Top Shelf Company builds oak bookcases. Determine whether each of the following is a direct material (DM), direct labor (DL), ma

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Answer:

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(5) Glue and screws used in the bookcases. ____ MOH

(6) Wages of persons who assemble the bookcases. ____Direct Labor

(7) Cost to run an ad on local radio stations. ____Period Cost

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Period Cost are costs that are not directly involved in the manufacturing costs of a product but are incurred in a particular period. These expenses include advertising and selling expenses.

Direct Materials are material used to make a product . For example wood is a direct material for making shelves.

Direct Labor are the wages paid to the people who work in the production of a product.

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3 years ago

Classified ads in newspapers

ZanzabumX [31]

A.are a good source of referrals.

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2 years ago

Another bank is also offering favorable terms, so Rahul decides to take a loan of $18,000 from this bank. He signs the loan cont

Sphinxa [80]

Answer:

final loan amount = $18,455.86

so correct option is c. $18,455.86

Explanation:

given data

loan = $18000

rate = 10%

time = 3 months

to find out

total amount that Rahul owes the bank at the end of the loan

solution

we know that number of day in 3 months is

number of day = 3 × $\frac{365}{12}$

number of day = 91.25 days

loan rate = $\frac{0.10}{365}$

loan load = 0.00027397

now final loan amount will be

final loan amount = loan amount × $(1+r)^{t}$

final loan amount = $18000 × $(1+0.00027397)^{91.25}$

final loan amount = $18,455.86

so correct option is c. $18,455.86

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3 years ago

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dimaraw [331]

In the components of a business plan, the section which contains a detailed description of the company, the problem/opportunity, proposed solution to be offered, and your competitive advantage is "Financial Projections section"

<h3>What is Financial Projections?</h3>

Financial predictions forecast your company's future revenues and expenses using existing and estimated financial data.

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Financial predictions are an important tool for business planning for a variety of reasons.

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If you currently have a firm, making annual financial projections can assist you in setting goals and keep on target.
Both startups and current firms will require financial estimates when seeking outside finance to convince investors and lenders of the business's development potential.

To know more about the financial projections, here

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2 years ago