1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yan [13]
3 years ago
8

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.

You might be interested in
Which of the following is a depository financial institution?
Darya [45]
The answer is "Online Bank"
4 0
3 years ago
Read 2 more answers
In the year 2010, the income per worker in the United States was $82,359 and the income per worker in South Korea was $54,315. T
zhenek [66]

Answer:

The difference in human capital explains $7,863 of the income per worker gap while the difference in physical capital explains $20,181 of the income per worker gap.

Explanation:

Human capital refers to the skills, knowledge, and efforts of the people in producing goods and services. It is also known simply as labor. Physical capital refers to the "man-made" goods that assist in production, including machinery, equipment, and technological items such as computers.

In the given scenario, the income per worker in the United States is $82,359 - $54,315 = $28,044 more than the income per worker in South Korea. This is explained by differences in both the level of technology (i.e. physical capital) and the capability of workers (i.e. human capital).

We are informed that the income per worker in South Korea would be $74,496 if it had the same level of technology as the United States. This means that $74,496 - $54,315 = $20,181 of the income per worker gap between the two countries is explained by differences in physical capital. Hence the remaining difference of $28,044 - $20,181 = $7,863 is explained by differences in human capital between the two countries.

5 0
3 years ago
quality control activity analysis indicated the following four activity costs of a hotel. Verifying credit card information $52,
trapecia [35]

Answer:

The total cost of quality is $ 313200

Explanation:

First we need to distinguish the costs and allocate them to the correct category for the cost of quality report.

We have verifying credit card information of $52200

Customer service training of $104400

Discounting room rates due to poor service $ 156600

The 4 categories of cost of quality report are Prevention Costs, Appraisal Costs, Internal Failure costs and external failure costs.

Conforming Costs

Customer service training - prevention costs. - $104400       1,53% of total sales

Verifying credit card information - appraisal cost - $52200   0,76% of total

Non-conforming costs

Internal Failure

External Failure costs

Discounting room rates due to poor service $ 156600          2,3% of total sales

Total cost of quality                                          $ 313200         4,6%  of total sales

5 0
3 years ago
As the contestant with the longest winning streak in the history of Jeopardy, Ken Jennings won more than $2.5 million. Suppose h
aleksandrvk [35]

Answer:

Total amount = $10906400

He would receive = $ 45443.33 every month

Explanation:

Ken invested $1.6 million at 9.6% for 20 yes compounded monthly.

n = 20*12= 140

t = 20

P= 1600000

R= 9.6% = 0.096

Amount A is equal to

A = p(1+r/n)^(nt)

A =

1600000(1+(0.096/140))^ (140*20)

A =

1600000(1 + (6.857*10^-4))^(2800)

A= 1600000(1.0006857)^2800

A = 1600000*6.8165

A = 10906400

Every month, he will get

10906400/(12*20)

= 10906400/240

=$ 45443.333

8 0
3 years ago
Read 2 more answers
A plant is proposing to install a combined heat and power system to supply electrical power and process steam. Power is currentl
Degger [83]

Answer:

Cumulative net present value of the project is:

= $33.5 million.

The discounted cash flow rate of return is:

= 26%

Explanation:

a) Data and Calculations:

The capital cost of the combined heat and power system = $23 million

Expected net savings per year = $10 million

Project period = 10 years

Discount rate = 12%

Annuity PV factor for 10 years at 12% = 5.650

Total PV of the cash flows = $56.5 million (5.650 * $10 million)

NPV of the project = $33.5 million

Annualized NPV = $33.5 million/5.650

= $5,929,204

Discounted cash flow rate of return = Annualized NPV/Investment * 100

= $5,929,204/$23,000,000 * 100 = 26%

6 0
3 years ago
Other questions:
  • Enlightenment thinkers were concerned with how man would be without _____.
    5·1 answer
  • The person who receives the message is called
    6·1 answer
  • Jaybird Company operates in a highly competitive market where the market price for its product is $62 per unit. Jaybird desires
    15·1 answer
  • Suppose you purchase a 8-year AAA-rated Swiss bond for par that is paying an annual coupon of 8 percent and has a face value of
    14·1 answer
  • Empathy.
    5·1 answer
  • When rainforest land, such as in the lower amazon, is suitable for agriculture, a single cash crop is often planted. such crops
    15·1 answer
  • he sale price of a spring break vacation package was $194.99, and the travelagent said by booking early, you saved $30. Find the
    7·1 answer
  • Which of the following are attributes of California's legislative process for passing state budgets and controlling taxes?
    11·1 answer
  • Your bosses at the residential contracting firm has asked you to help them decide about whether they should keep a particular it
    11·1 answer
  • Transactions that affect earnings do not necessarily affect cash. Identify the effect, if any, that each of the following transa
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!