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ololo11 [35]
3 years ago
11

Describe the goal of a good financial manager according to you?

Business
2 answers:
lesantik [10]3 years ago
6 0

Answer:

Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. Financial managers typically: ... Help management make financial decisions.

hichkok12 [17]3 years ago
5 0
The Goal of the Financial Manager. How can financial managers make wise planning, investment, and financing decisions? The main goal of the financial manager is to maximize the value of the firm to its owners. The value of a publicly owned corporation is measured by the share price of its stock
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Ed is taking off from work for 4 hrs. the afternoon and going to a baseball game. The ticket to the game cost $25 and it costs $
adell [148]

Answer:

The correct answer is option c.

Explanation:

The opportunity cost of a decision is the cost of sacrificing the second-best alternative. It is the indirect or implicit cost involved in a process.

The ticket to the game costs $25 and it costs $15 to park at the stadium.

Ed earns $15 an hour at this job.

He is taking off from work for 4 hrs. the afternoon and going to a baseball game.

The opportunity cost of going to the game will be equal to the wage he could have earned if he went to work instead of the game.

The opportunity cost

= \$ 15\ \times\ 4

= $60

5 0
4 years ago
The accounting records of Whispering Winds Corp. show the following data. Beginning inventory 3,010 units at $6 Purchases 8,130
Sindrei [870]

Answer:

$66,700

b. LIFO = $70800

67807.81

Explanation:

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.

(8130 x 8) + [(9090 - 8130) x 6) = 70800

FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold

(3010 x 6) + [(9090 - 3010) x $8] = 66,700

Average cost = [(3010 x 6) + (8130 x 8)] /

18060

48640

b 65040

5760

7 0
3 years ago
Google stock has a beta of 1.39. The risk free rate in the economy is 2.00% while the market portfolio risk premium is 7.00%. Go
salantis [7]

Answer:

Explanation:

first of all we need to identify required rate of return

as per the given date in the question we can apply Capita asset pricing model to identify the Ke that is cost of equity.

We have

Ke = Rf+(Rm-Rf)*beta

Ke=2%+(7%-2%)*1.39

Ke=2%+(5%)*1.39

Ke=2%+6.95

Ke=8.95

Now we need to identify the share price after five year with same return

Share price =  862*(1+8.95%)^5

Share price after five year = 1323.255

8 0
3 years ago
If the unlock account checkbox is selected under a user account's properties dialog box, what does this mean?
MrRa [10]

When that happen it is because the user has too many failed log on attempts and is locked out. By default that why a user's profile is created.  So the Unlock Account check box is selected under a user account's Properties dialog box.

4 0
4 years ago
Which of these producer activities did you participate in this week? Check all that apply.
Deffense [45]

Answer:

2nd and 4th

Explanation:

5 0
3 years ago
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