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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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By understanding its business, an organization can take steps to define its ________, a statement of the organization's scope. T
erik [133]

Answer:

Mission

Explanation:

A Mission statement is a statement that defines who the customers are, the type of product or service the business is offering, the location of the business and the values on which its runs on or operates. The mission statement generally defines or answers the question on why the organization or company exist. It gives an understanding to the business. The mission statement describes what ab organization needs to do in achieving a set vision.

4 0
4 years ago
Ladiator Apparel is the market leader in the sportswear industry. Though most of its resources are common to those of its compet
topjm [15]
D) the company’s raw materials
The reason being is that it’s the only option where it has more unique potential cause the other ones anyone could get
4 0
3 years ago
On April 1, Townsley Company sold merchandise with a selling price of $10,000 on account to Trout Company, with terms 3/10, n/30
mamaluj [8]

Answer and Explanation:

The journal entry is shown below:

Cash $8,730

Sales Discount ($9,000 × 3%) $270

       To Accounts receivable $9,000 ($10,000 - $1,000)

Here cash and sales discount is debited as it increased the assets and discount while on the other hand the account receivable should be credited as it reduced the assets  

3 0
3 years ago
When using the periodic LIFO inventory cost method, which of the following statements is correct? a.The cost of merchandise on h
Kryger [21]

Answer:

correct option is b. The physical count determines the inventory on hand

Explanation:

LIFO is  Last In, First Out

so in LIFO cost flow is assumption

and the last costs are the first ones to leave inventory

become the cost of goods sold on the income statement.

and first costs will be reported as inventory on the balance sheet

and under LIFO periodic we are wait until the entire year is over before assigning cost

so we can say The physical count determines the inventory on hand

and Cost is the total resources given up to acquire inventory and move it

7 0
3 years ago
Answer correctly or it will be deleted whos my favorite player
xenn [34]

Answer:

Player for what?

Explanation:

If it's football then... Lamar Jackson???

5 0
3 years ago
Read 2 more answers
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