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3 years ago

The role of the financial manager is closely related to three main cash-related activities: Financing Investing Operating.

Business

1 answer:

dem82 [27]3 years ago

8 0

Answer:

b. False

Explanation:

The role of financial manager has different perspectives, ensuring that the required funding for positive NPV projects is available such that the firm can increase its shareholders' wealth by investing in profitable investment opportunities.

Investing means when the funds are made available , the manager must priotize those projects with higher opportunities over those with lower growth opportunities.

Lastly, the financial manager is responsible for dividend decisions, what fraction of earnings should be paid out to shareholders as dividends)not operating decisions)

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"The amount of money that could have been earned by leasing a piece of land to a developer to build a multi-story office buildin

dmitriy555 [2]

Answer:

The options for this question are the following:

A. implicit cost

B. accounting cost

C. explicit cost

D. pure economic cost

E. positive economic rent

The correct answer is A. implicit cost .

Explanation:

Implicit cost is an economics term that refers to the costs of a business that do not require direct spending but, instead, the result of a loss of potential revenue. This concept can have important ramifications for companies and entrepreneurs when they decide how to divide tasks between their workforce and how much they charge for their services. It is also an important concept for individuals to understand when choosing the best time budget for a variety of projects.

The implicit cost of some companies is generally a result of the amount of time it takes a person to complete the business and the time value of that person. For example, if someone hires an independent contractor to complete a plumbing job, that contractor must charge enough to cover their explicit and implicit costs in order to make a profit. The explicit costs will be the cost of the necessary materials, which is quite easy to calculate.

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3 years ago

Read 2 more answers

A personnel manager may have a number of subordinate managers over whom the personnel manager has positional authority. In that

Ira Lisetskai [31]

Answer:

The correct answer is line; staff

Explanation:

The role of a line manager in a company is to direct the work of the subordinates and fight because the company's objectives are fully met. He is the person whom we call our boss at our job site and come to him when we need advice or when he asks us to do certain work. Or, that person who rebukes us when something was not done well.

The personnel manager is responsible for the supervision of personnel administration, the design and implementation of policies and standards, and the control and registration of compliance with current legal regulations. Supervises the departments of personnel administration, labor relations, salary settlement, etc. It usually represents the company before public and official organizations. Report to the maximum reference of the area.

4 0

3 years ago

List three resources used in agriculture

JulijaS [17]

Agriculture:
- farms
- biotechnology ( now)
- food ( wheat,grain)

7 0

3 years ago

Firms should seek to continually develop new core competencies because all core competencies have limited life spans.

kaheart [24]

<span>Firms should seek to continually develop new core competencies because all core competencies have limited life spans.

true</span>

3 0

3 years ago

Crane Corporation incurred the following costs while manufacturing its product. Materials used in product $121,000 Advertising e

Vera_Pavlovna [14]

Answer:

Cost of goods manufactured = $328,400

Cost of goods sold = $343,700

Explanation:

The computation of cost of goods manufactured and cost of goods sold is shown below:-

(a) Cost of goods manufactured = Direct materials used + Direct labor + Depreciation on plant + Factory supplies used + Property taxes on plant + Work in Process 1 Jan - Work-in-process, 31 Dec

= $121,000 + $111,000 + $61,000 + $24,000 + $15,000 + $13,000 - $16,600

= $328,400

(b) Cost of goods sold = Finished goods, 1 Jan + Cost of goods manufactured - Finished goods, 31 Dec

= $61,000 + $328,400 - $45,700

= $343,700

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3 years ago

Read 2 more answers