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raketka [301]
3 years ago
14

Function of financial system?​

Business
1 answer:
Flura [38]3 years ago
3 0

Answer:

A financial system functions as an intermediary and facilitates the flow of funds from the areas of surplus to the areas of deficit. It is a composition of various institutions, markets, regulations and laws, practices, money managers, analysts, transactions, and claims & liabilities.May 29, 2016

(can u flag me)

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Dillon wants to advance quickly in his career with the Orton Company. To impress his boss, Dillon volunteered to take on several
Softa [21]

Answer:

Three things I think he must learn from this. Number one is to not take responsibilities of tasks that you are unaware of. Suppose I am a doctor of heart so don't know about spine issues. I must not create an image that I know everything. If I am doing so, I am living in the fool's paradise. This attitude can harm the patient and I will be liable for that. Secondly, if I am not capable of multitasking then I must consider my own limitations before agreeing to do more acceptance. Third thing is that when we increase productivity without increasing quality productivity level, this means we had compromised quality which Dillon has done with the Simpson Assignment. The Fourth one is that always consider a safety margin, for example Dillon can say when the task was not handed him over that he would do all these assignments but he needs some extra days. And also giving days for first one on a specified day before taking the assignments and next on next specified date. By doing so he was able to improve his image because he is providing quality.

6 0
3 years ago
A loan of $32,000 is to be repaid by the sinking fund method with annual payments. Interest on the loan is paid at a 6% annual e
Otrada [13]

Answer:

The answer is $677.43

Explanation:

The file attached is a word document that explains the problem in details. Thank you and i hope it helps you

Download docx
6 0
3 years ago
Matthew​ Liotine's Dream Store sells water beds and assorted supplies. His​ best-selling bed has an annual demand of 410 units.
never [62]

<u>Given:</u>

Annual demand = 410 units

Ordering cost = $41

Holding cost = $5 unit per year

<u>To find:</u>

Number of units to be ordered each time an order is placed

<u>Solution:</u>

On calculating the number of units,

\Rightarrow \sqrt{(\frac{2(390)(38)}{5})} \rightarrow\sqrt{\frac{780\times38}{5}}= 76.99

Therefore, to minimize the total cost, approximately 77 units should be ordered each time an order is placed.

5 0
3 years ago
Who is responsible for maintaining roads in lynchburg va?
Oksanka [162]
The agency that is responsible for the roads in Lynchburg, Virginia is the Virginia Department of Transportation. This is a state agency is that is responsible for all of the roads in the state of Virginia. Some of the things that they do is to maintain all roadways, operating the roads, and building the roads. They also make sure to keep the roadways clear of ice in the winter by putting down chemicals and salt to keep the ice melted off the major roadways. They also plow the roads in the winter. In the summer, they start clearing off the sides of roads of grass and debris. The county road crews are normally only filling potholes and other minor issues with roads in the area. 
7 0
3 years ago
How physical asset valuation (PAV) and research and
stellarik [79]

Answer:

We'll take this one after the other.

A. First Physical Asset Valuation (PAV) refers to the act of writing up or writing down the carrying value of an organisations assets in its balance sheet.

In simple terms, it refers to increasing upwards or downwards the value of an organisations asset in its balance sheet.

When assets are written down, the following are likely to occur:

Critical changes to an organization’s business model or strategy, such as termination of the business and  loss of a regulatory licence;

A significant reduction in the cash flow or bottom line of the business;

when the long term growth rates, interest rates or other financial factors such as prices or value of currencies, upon which a business valuation based decline, this impacts the valuation of an asset negatively.

   

B. Research and  Development (R&D)

R&D refers to all the studies, scientific investigations and experiments carried out to enable the discovery and creation of a new or innovative product or service that is more efficient and effective.  

       

The reason there is a risk associated with R&D is that there are usually many elements of uncertainty.  

The ideas being tested are usually novel and have not been tried before.  

Some of the risks associated with R&D are:

the possibility that the new product will fail in the market;

a new product or service that is does not work

the possibility of cost creep. That is a situation where the cost of the R&D outweighs the potential profit from the product or service.

Cheers!

6 0
3 years ago
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