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3 years ago

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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Kohlman Company began its operations on March 31 of the current year. Projected purchases for the first three months of business

bulgar [2K]

Answer:

c. $146,400 and 206,560.

Explanation:

Monthly Purchases are as follows;

April =$156,800

May= $195,200

June= $217,600

Since Admin expenses are paid every month,

April =$28,800

May = $28,800

June =$28,800

75% of April purchases will be paid in April . Use these to calculate the payments;

Pmts

April = 75%* $156,800 = $117,600

add Admin expenses to find total cash payments;

APRIL = $117,600+ $28,800 = $146,400

In May,20% of April purchases will be paid , 75% of May purchases will also be paid plus admin expenses. Use these to calculate the payments;

May= (20%* $156,800) + (75% * $195,200) + $28,800

MAY = 31360 +146400 +28800 = $206,560

7 0

3 years ago

Wolverine Corporation plans to pay $3 dividend per share on each of its 300,000 shares next year. Wolverine anticipates earnings

lesantik [10]

Answer:

new equity $ 1,425,000

new debt $ 950,000

Explanation:

retained earnings

300,000 x (6.25 - 3) = 975.000

If debt is 0.4 of assets then by deifinition:

assets = liab+ equity

1 = 4 + equity

equity = 0.6 (60%)

<u>Retained Earnings breakpoint</u>

975,000 / 0.6 = 1,625,000‬

The company can riase capital expenditured for 1,625,000 and mantaining his capital structure.

As the company need 4,000,000 it will need to raise more capital as it surpass the retained earnings breakpoint.

4,000,000 - 1,625,000 = 2,375,000

2,375,000 x 0.6 = 1,425,000 new equity

2,375,000 x 0.4 = 950,000 new debt

4 0

3 years ago

While implementing an affirmative action plan, an employer is expected to do all of the following except:establish objectives th

Zigmanuir [339]

Answer:

set quotas for the underrepresented groups, and ensure they are met even if it is necessary to hire a less qualified candidate.

Explanation:

Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.

Planning is a term used to describe the process of developing the organization's objectives and translating those into courses of action.

This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods that are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.

While implementing an affirmative action plan, an employer is expected to do all of the following;

I. Establish objectives that can be met by applying good faith efforts.

II. Make all employment decisions in a nondiscriminatory manner.

III. Ensure that hiring objectives do not establish a floor or a ceiling for employment of certain groups.

8 0

3 years ago

Graphically, the full-employment, stable-inflation, rapid-growth economy of the last half of the 1990s is depicted by a?

Mamont248 [21]

Graphically, the full-employment, stable-inflation, rapid-growth economy of the last half of the 1990s is depicted by a rightward shift of the aggregate demand curve along a fixed aggregate supply curve.

An economy is a place of manufacturing, distribution, and change, as well as consumption of goods and services. In preferred, it's miles described as a social domain that emphasizes the practices, discourses, and cloth expressions related to the production, use, and management of scarce assets.

An economy is the massive set of inter-associated production and consumption sports that are useful resources in determining how scarce sources are allotted. In a financial system, the manufacturing and intake of products and services are used to fulfill the wishes of these living and working within it.

The economy is defined because of the management of monetary topics for a community, business, or circle of relatives. An instance of an economic system is the stock market device within the US.

Learn more about economy here brainly.com/question/1106682

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2 years ago

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zalisa [80]

B is the answer a teenage requires between 7 to 8 hours sleep

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3 years ago

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