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3 years ago

The chief financial officer of a company is responsible for managing cash, accounts receivable, and inventory.

Business

1 answer:

zaharov [31]3 years ago

7 0

Answer:

True

Explanation:

Chief financial officer is one of the key positions at any company or firm. Chief financial officer plays a critical role in managing cash, account receivable and inventory management. He/She is responsible for handling the cash and managing the cash in such a way to remove chances of bankruptcy and shortages. Overall, it is an important post to complete all the tasks related to cash handling and inventory.

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The Industrial Revolution was characterized by a(n) Group of answer choices migration of manufacturing jobs from the Midwest and

Komok [63]

The Industrial Revolution was characterized by the increased emphasis on production which resulted to a longer hours and less job security for most workers.

<h3>What is an Industrial Revolution?</h3>

This was a period that experienced a rapid development of industry because of the introduction of machinery.

The Industrial Revolution was characterized by use of steam power, growth of factories, mass production etc

Therefore, the Option A is correct.

Missing options "A. increased emphasis on production, resulting in longer hours and less job security for most workers.

B. migration of manufacturing jobs from the Midwest and Northeast to the South as firms began locating in areas where labor costs were lower.

C. rapid improvement in the wages and working conditions of most workers, resulting in a decline in the need for labor unions.

D. movement away from scientific management, and a greater acceptance of the ideas of Herzberg and Maslow."

Read more about Industrial Revolution

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6 0

2 years ago

For Sunland Co., beginning capital balances on January 1, 2020, are Nancy Payne $18,900 and Ann Dody $24,000. During the year, d

natita [175]

Answer and Explanation:

The preparation of the partner capital statement and the owner equity section is presented below:

Partner capital statement

Particulars N. Payne Ann Dody Total

Beginning

balance $18,900 $24,000 $42,900

Less: Drawings -$8,700 -$5,200 -$13,900

Balance left $10,200 $18,800 $29,000

Add: Net income

share 50% 50% $14,350 $14,350 $28,700

ending balance $24,550 $33,150 $57,700

Now the balance sheet is

Sunland Co,

Partial balance sheet

Dec 31,2020

Owner capital

Partner capital balance $29,000

Add: Net income $28,700

Total owner equity $57,700

7 0

3 years ago

You have 40 years left until retirement and want to retire with $5 million. Your salary is paid annually, and you will receive $

Marat540 [252]

Answer:

16.67%

Explanation:

Calculation to determine what percentage of your salary must you save each year

First step is to calculate the Annual savings

Annual savings=$5 million*[(10%-3%)/(1+0.1)^40-(1+0.03)^40]

Annual savings=$5 million*0.07/(1.1^40-1.03^40)

Annual savings=$8333.88

Now let determine the percentage of the salary you must save each year

Proportion of savings=$8333.88/$50,000

Proportion of savings=0.1667*100

Proportion of savings=16.67%

Therefore the percentage of your salary that you must save each year is 16.67%

5 0

3 years ago

On january 14, sheridan company purchased supplies of $420 on account. the entry to record the purchase will include:______.

devlian [24]

Entry to record the purchase will include a debit to supplies and a credit to accounts payable.

Accounts payable (AP) are amounts because of companies or providers for goods or services acquired that have not been paid for. The sum of all tremendous amounts owed to providers is shown as the money owed payable stability at the enterprise's stability sheet.

A debit will increase asset or fee debts and decreases legal responsibility, sales, or fairness debts. A credit is continually located at the proper aspect of access. It increases legal responsibility, revenue, or equity money owed and reduces asset or cost money owed.

Purchasing is the buying of goods or offerings. An item that has been bought is known as a purchase. the opposite of a purchase is a sale. In not unusual usage, the shorter word "purchase" is usually used whilst buying, instead of the phrase "buy".

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5 0

1 year ago

Astor Manufacturing stores hazardous and volatile chemicals in its warehouse. The warehouse has state-of-the-art equipment to ma

Wittaler [7]

Answer:

C. strictly liable for Will's injuries

Explanation:

In law, Strict liability is a situation when defendant is required to be responsible to a certain situation, but can't be considered as guilty to any violation.

There are two points that need to be highlighted from the case above:

1. Astor Manufacturing process has fulfilled all of its safety regulation for storing the dangerous product.

2. The dangerous product owned by Astor Manufacturing caused William's injury.

The regulations for hazard management is created by the government, and the leak is not caused by their negligence. It's caused by unexpected natural disaster. This is why we can't say that Astor is guilty to any violation.

But still, the chemical that they created injured William. The court will most likely force Astor to be responsible for all the medical expenses incurred by william.

6 0

3 years ago