Financial managers should strive to maximize the current value per share of the existing stock to represent the interests of the current shareholders.
<h3>What is the functions of the Financial managers?</h3>
Financial managers can be described as the type of managers that are responsible for the financial health of an organization.
They help in the creation of the financial reports as well as directing investment activities, and develop plans , hence Financial managers should strive to maximize the current value per share of the existing stock to represent the interests of the current shareholders.
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Answer:
Asset exchange transaction
Explanation:
Prepaid rent is an asset exchange transaction because cash (asset) is credited while prepaid rent (also an asset) is debited.
Rent paid in advance is recorded as follows:
Dr Prepaid rent
Cr Cash
As the months go by, the prepaid rent is credited and rent expenses is debited.
Dr Rent expense month 1
Cr Prepaid rent month 1
Answer:
86.4%
Explanation:
the original marked price is m
then with a sales discount of 20%
the (pre-sales tax) sale price is 100%−20%=80% of
The post-sales tax price is the pre-sales tax price plus 8%,
that is the post-sales tax price is 108%=1.08 of the pre-sales tax price.
Therefore the final cost (i.e. the post-tax price) is
Answer: brave,strong, funny, short, smart, unique, beautiful, amusing, pretty
Explanation:
