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tekilochka [14]
3 years ago
13

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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Defined by Miles as "a requirement of the activities of one subunit that is affected by the activities of other subunits" is a _
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Defined by Miles as "a requirement of the activities of one subunit that is affected by the activities of other subunits" is a <u>contingency</u>.

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The above question is incorrect, the correct question is:

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4 0
1 year ago
Steve Smith will receive $82,870 on 5 years from now, from a trust fund established by his father. Assuming the appropriate inte
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Answer:

$50,875

Explanation:

The computation of the present value is shown below:

Given that

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The formula is shown below:

= -PV(RATE;NPER;PMT;FV;TYPE)

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Hence, the present value is $50,875

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And, the same is to be considered

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