'Financial management of a business, agency, household or another economics unit involves the acquisition and use of financial resources and the protection of equity capital from various sources of risk.
Financial management is the business function concerned with profitability, expenditure, cash, and credit, and ensures that "an organization has the means to achieve its objectives as satisfactorily as possible." The latter is often defined as maximizing shareholder value.
Financial Management is the strategic planning, organization, management and management of financial companies in an organization or institution. It also includes applying management principles to the financial assets of the organization while playing a key role in tax administration.
Financial Management is defined as the management and analysis of money and investments for the purpose of making business decisions by individuals or organizations. An example of financial management is the work of a company's accounting department.
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Answer:
Equilibrium price = Decreases
Equilibrium quantity = Indeterminate
Explanation:
Here, we suppose that tea and coffee are substitute goods and we know that substitute goods have a positive cross price elasticity of demand.
So, if there is a fall in the price of tea then as a result the demand for coffee decreases which shifts the demand curve of coffee leftwards.
And, there is a fall in the price of coffee beans due to the better weather condition and coffee beans are used as an ingredient for producing coffee.
Hence, there is a fall in the cost of production of coffee which increases the supply of coffee and shifts the supply curve of coffee rightwards.
Therefore, there is a fall in the equilibrium price level of coffee and the effect of these shifts on the equilibrium quantity is indeterminate because that will be dependent upon the magnitude of the shifts of both the curves.
Answer:
1. I don't think the risk is worth taking because of the risks involved in the treasure hunt is High. so you just such it up and continue your regular job, because there is no full assurance that the treasure even exists.
2. The expected value of perfect information ill be given by 
.
Explanation:
By the above perfect information on whether the treasure is real or not the chance of success is very slim, so it can easy go sideways for you, and making you lose your job at the same time while at the process of looking for a treasure you might not find probably.
When investing in public companies, investor tend to need various information regarding the companies they wanted to invest in.
And There's where accounting came in.
Accounting will provide various information about a company that will be used by the investors to make their decision
hope this helps
Answer:
Unit cost of an assembled radio = $215
Explanation:
Cost of direct material for the month = $800,000
Cost of conversion = $705,000
Total units produced = 7,000 units
Cost per unit of manufacturing will be total of both the costs divided by number of units produced.
Total costs = $800,000 + $705,000 = $1,505,000
Cost per unit = 
As there was no opening or closing WIP inventory all the costs incurred during the month will be considered.
Unit cost of an assembled radio = $215
