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3 years ago

According to Maria Halmo, what is the most important aspect of managing finances?

Business

1 answer:

Iteru [2.4K]3 years ago

7 0

Answer:

Explanation:

The most important aspect of managing finances is cash flow management.

Cash flow is about how money is been made and spent, what it is been used for.

Cash flow management helps us to be financially prudent.

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Brand managers know that increasing promotional budgets eventually result in diminishing returns. The first one million dollars

lilavasa [31]

Answer:

78%

Explanation:

Able has an awareness level of 78%.

Next year, it will lose a third of its awareness level.

78% * 1/3 = 26%

78% - 26% = 52%

So the base awareness level of able for next year will be 52%, however, even if the company reduced the promotion budget, it still has 1 million dollars to invest, and the question is telling us that 1 million in promotion investment results in a 26% increase in awareness, therefore

52% + 26% = 78%

Thus, after investing the 1 million dollars, Able's awareness level next year will be the same as the current year: 78%

4 0

3 years ago

Imagine that the economy is in long-run equilibrium. Then, perhaps because of improved international relations and increased con

Dimas [21]

Answer:

1. a. aggregate demand shifts right.

As people are more optimistic, they will consume more in the short term because they feel as though prosperity is coming in the long term.

2. a. both the price level and real GDP rise.

Both of these would rise as Aggregate demand refers to GDP and price level would rise due to the new intersection with the Aggregate supply curve when the AD shifted right.

3. B. The expected price level rises. Bargains are struck for higher wages.

Expected price level will rise because demand is still increasing. Workers will want to benefit from this as well and so will negotiate higher wages.

4. d. short-run aggregate supply left.

As a result of the rise in expected price level and the subsequent negotiation for higher salaries, producers will find the cost of labor to be hire and so will limit production so that they do not spend as much. This will reduce supply thereby shifting the supply curve left.

5. d. the price level is higher and real GDP is the same.

The shift to the left in supply will lead to a higher price but the Real GDP will remain the same because there will be less goods produced so once prices are inflation adjusted, real GDP will be the same.

6. a. the interest rate rises, which causes the opportunity cost of holding money to rise.

If interest rates rise, people will hold less money because they could make a higher return by investing that money.

7. d. decrease, so the money supply decreases.

The money supply decreases because the Fed is taking money out of the banking system by selling bonds as people will pay the Fed for the bonds and the Fed will keep the money.

8 0

2 years ago

Mendez Company is considering a capital project that costs $16,000. The project will deliver the following cash flows: Year 1 Ye

kkurt [141]

Answer:

2.4 years

Explanation:

Years Cash Cumulative Cashflow

1 8000 8000

2 6000 14000

3 5000 19000

4 4000 25000

5 5000 30000

30000

Payback period = 2 years + (16,000 - 14,000) / 5,000

Payback period = 2 years + 0.4 years

Payback period = 2.4 years

5 0

3 years ago

Suppose that Spain and Austria both produce fish and stained glass. Spain's opportunity cost of producing a pane of stained glas

Keith_Richards [23]

Answer:

Spain has a comparative advantage in the production of stained glass and Austria has a comparative advantage in the production of fish.

Spain can gain from trade as long as it is getting more than 4 pounds of fish for each pane of stained glass it exports to Austria.

Austria can gain from trade as long as it receives more than 0.1 panes of stained glass for each pound of fish it exports to Spain.

Both the countries can gain from trade if the price of trade is 9 pounds of fish per pane of stained glass or 7 pounds of fish per pane of stained glass.

Explanation:

Spain's opportunity cost of producing a pane of stained glass is

= 4 pounds of fish

Austria's opportunity cost of producing a pane of stained glass is

= 10 pounds of fish

Spain's opportunity cost of producing a pound of fish is

= $\frac{1}{4}$

= 0.25

Austria's opportunity cost of producing a pound of fish is

= $\frac{1}{10}$

= 0.1

Spain has a comparative advantage in the production of stained glass as it has lower opportunity costs in its production. Similarly, Austria has a comparative advantage in the production of fish.

Spain can gain from trade as long as it is getting more than 4 pounds of fish for each pane of stained glass it exports to Austria.

Similarly, Austria can gain from trade as long as it receives more than 0.1 panes of stained glass for each pound of fish it exports to Spain.

Both the countries can gain from trade if the price of the trade is 9 pounds of fish per pane of stained glass or 7 pounds of fish per pane of stained glass.

Spain will not accept 1 pound of fish per pane of stained glass as it is not covering opportunity cost. Austria will not pay 16 pounds of fish per pane of stained glass.

7 0

3 years ago

When were merchant banks first established as a service to the public?

shepuryov [24]

Hello,

The answer is option D (or 4) "The 19th century".

Reason:

In the 19th century merchants made there first banks which was put as a service to the public. Banks were made in order people could keep there money somewhere safe besides there homes. Its not option A because the middle age was mainly about power and knights therefore they keep there money in something called a treasure room. Its not option B because the 17th century was when are country was still developing therefore did not have any banks available to the public. Its also not option C because was when the Great War was which was 1819 so therefore the country was still developing.

If you need anymore help feel free to ask me!

Hope this helps!

~Nonportrit

4 0

3 years ago