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Marta_Voda [28]
2 years ago
14

Corporate finance is concerned with the different aspects of a business’s financial management. The chief financial officer (CFO

) is the top financial position in the organization and oversees several tasks. The CFO is not responsible for which of the following departments? Check all that apply.a. Legal issuesb. Security analyst relationsc. Research and developmentd. AdministrationTreasury
Business
1 answer:
ValentinkaMS [17]2 years ago
8 0

The chief financial officer is responsible for monitoring the financial actions of a company.

Explanation:

The main duties of a Chief Financial Officer (CFO) are

  • Financial Reporting
  • Stewardship of companies Asset
  • Ownership of Cash Management

The Chief Financial Officer (CFO)takes care of the Legal Issues (also known as the compliance issues),it is also responsible for the security analyst relations and also responsible for the treasury administration.

The Chief financial officer is not responsible for the Research and development department of a  company

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Cross-validation

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A university cafeteria line in the student union hall is a self-serve facility in which students select
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Answer:

The answer to this question is a= µ=60/12=5 students/min

Explanation:

Solution

Given that:

λ=4 students / min

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The Number of students in the line L(q)= λ *W(q)= 4*.8= 3.2 students

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Then,

The Probability of system to be empty= P0= 1-P= 1-0.8= 0.2

Now,

If the management decides to add one more cashier with the same efficiency then  we have

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so,

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Now,

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If we look at the above  system traits, it is clear that the line is not  empty and the students have to standby for 0.8  in the queue waiting to place their order and have it, also on an average there are 3.2 students in the queue and in the entry cafeteria there are 4 students who are waiting to be served.

If the management decides to hire one more cashier with the same work rate or ability, then  the probability of the cafeteria being free moves higher from 0.2 to 0.6 so it suggests that the management must hire one additional cashier.

7 0
3 years ago
Grover Company has the following data for the production and sale of 1,900 units. Sales price per unit $ 950 per unit Fixed cost
Ad libitum [116K]

Answer:

$415

Explanation:

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