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2 years ago

Jobs of financial

Business

1 answer:

sukhopar [10]2 years ago

8 0

Answer:

The answer is option B) without a carefully calculated financial plan, a firm has little chance for survival, regardless of its product or marketing effectiveness.

Explanation:

The financial plan of an organization also known as financials is a record used to determine how a business will afford to achieve its strategic goals and objectives.

The Financial Plan collates each of the activities, resources, equipment and materials that are needed to achieve these objectives and specify time frames involved.

A financial plan contains a sales forecast, expense budget, cash flow statement, income projections, asset and liabilities, depreciation table, break even analysis and pre-operating costs. It shows whether the firm is making profit or running at a loss.

It is usually prepared in a spreadsheet.

This plan is what the bank and investors will need to evaluate your business.

Without a carefully calculated financial plan, a firm has little chance for survival, regardless of its product or marketing effectiveness.

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At market equilibrium, Group of answer choices quantity demanded equals quantity supplied. surpluses are greater than shortages.

Tom [10]

Answer:

quantity demanded equals quantity supplied

Explanation:

The market equilibrium is the price at which the quantity demanded and the quantity supplied cross each other. The intersection could be made by supply and demand curves.

Therefore, there is a direct relationship between the price and the quantity supplied, while the price and quantity demanded have an inverse relationship.

When the quantity demanded and the quantity supplied are intersect at the price so we called market equilibrium

6 0

2 years ago

Determine whether each policy below is good or bad cash management; then identify the cash management strategy violated or follo

sertanlavr [38]

Answer: Please refer to Explanation.

Explanation:

a. The company regularly follows up with customers who pay late.

This is GOOD.

Cash Management Strategy - Collection of Accounts Receivables on time to maintain cash balance.

b. Excess cash is put into short-term investments to earn extra income.

This is GOOD.

Cash Management Strategy - Earning extra income on idle cash by investing in short-term liquid investments.

c. Cash receipts and cash payments are regularly planned and reviewed.

This is GOOD.

Cash Management Strategy - Cash Planning to establish a correct balance between payments and receipts.

d. Rarely used equipment is rented rather than purchased.

This is GOOD

Cash Management Strategy - Saving money by spending economically only when needed.

e. Bills are paid as soon as they are received.

This is BAD

Cash Management Strategy - Paying bills when due to ensure that operating cash balance is maintained at a healthy level.

If you need any clarification do comment.

Cheers.

6 0

2 years ago

In two or three sentences, describe the labor market.

Gelneren [198K]

I think the labor market is the nominal market in which workers find paying work, employers find willing workers, and wage rates are determined.

3 0

2 years ago

Read 2 more answers

Capitalizing goodwill only when it is purchased in an arm's-length transaction, and not capitalizing any goodwill generated inte

stiv31 [10]

Answer:

The correct answer is (C)

Explanation:

They are the two crucial characteristics that are general used to make accounting data more useful to make long-term decisions. To be exact, faithful representation helps to attain the relevant data for the company and this quality enhances the reliability of financial data. Completeness, fairness and free of error these three characteristic are a part of faithful representation of data.

7 0

2 years ago

Population growth: Suppose the world population today is 7 billion, and sup- pose this population grows at a constant rate of 3%

Alika [10]

Given Information:

Current Population = P₀ = 7 billion = 7x10⁹

Growth rate = r = 3 %

Period = t = 100 years

Required Information:

(a) Population after 100 years = ?

(b) Population after t = 0, 1, 2, 10, 25, 50 years = ?

Explanation:

The human population growth can be modeled as an exponential growth,

$P = P_{0} e^{rt}$

where P₀ is the current population, r is the growth rate and t is the time period

(a) What would the population equal 100 years from now?

$P = 7x10^{9} e^{0.03*100}$

P = 140.6x10⁹

(b) Compute the level of the population for t = 0, t = 1, t = 2, t = 10, 25, and t =50

t = 0

P = 7x10⁹e⁰

P = 7x10⁹

t = 1

P = 7x10⁹e^0.03*1

P = 7.213x10⁹

t = 2

P = 7x10⁹e^0.03*2

P = 7.423x10⁹

t = 10

P = 7x10⁹e^0.03*10

P = 9.45x10⁹

t = 25

P = 7x10⁹e^0.03*25

P = 14.82x10⁹

t = 50

P = 7x10⁹e^0.03*50

P = 31.37x10⁹

Attached as image

5 0

2 years ago