1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
icang [17]
3 years ago
11

"Financial resources are the lifeblood of any office." Justify this statement.​

Business
2 answers:
Leona [35]3 years ago
7 0

Answer:

This phrase states that financial resources are very important in any company, it represents "the lifeblood". In order to grow, any company needs financial support. The lack of money leads to problems within the company.

dedylja [7]3 years ago
5 0

Answer:

Without financial stability, and office can not function properly.

Explanation:

Ex:

unpaid light bill = dysfunctional office

You might be interested in
A​ check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks
Liula [17]

Answer:

a. 41.6 million

b. 42.28 million

Explanation:

A) GIven

forecast in june = Sjune = 42 million

Checks recived in june = Xjune = 40 million

Smoothing constant = a = 0.2

So for july

Sjuly = a*Xjune + (1-a)*Sjune

=0.2*40 + (1-0.2)*42 million

=8+33.6 = 41.6 million

B) forecast in july = Sjuly = 41.6 million

Checks recived in july = Xjuly = 45 million

Smoothing constant = a = 0.2

So for August

Saugust = a*Xjuly + (1-a)*Sjuly

=0.2*45 + (1-0.2)*41.6 million

=9+33.28 = 42.28 million

<em>Note: This uses an exponential smoothing to forecast the results, but from the number of checks recived we see that it increases linearly. So we need a linear forecasting method .</em>

5 0
3 years ago
You would like to establish a trust fund that would provide annual scholarships of $100,000 forever. How much would you have to
aivan3 [116]

Answer:

$2,222,222.22

Explanation:

The data provided in the question

Annual scholarship provided = $100,000

Guaranteed rate of return = 4.5%

So by considering the above information, the amount i.e deposited today is

= Annual scholarship provided ÷ Guaranteed rate of return

= $100,000 ÷ 4.50%

= $2,222,222.22

By dividing the annual scholarship by the rate of return we can get the deposited amount

8 0
3 years ago
Which of the following is not normally considered an area of personal finance?
sertanlavr [38]
Choice of a marriage partner does not form part of personal finance. Ideally, personal finance talks about retirement planning, investments, budgeting, cash flow or any other things that may affect financial stability.
4 0
3 years ago
Identify each CTSO from its description
Roman55 [17]

Answer:

identifico a gato población feo

Explanation:

la respuesta es pelagato

6 0
3 years ago
Goodwill adapts its store formats and merchandise plans to match the innovativeness and disposable income of shoppers in nearby
d1i1m1o1n [39]
<span>customers of its boutique store in the​ haight-ashbury neighborhood of san francisco are more likely to demonstrate greater rates of adoption for trendy fashions</span>
8 0
3 years ago
Other questions:
  • This information relates to Wildhorse Co..
    12·1 answer
  • Lusk company produces and sells 15,900 units of product a each month. the selling price of product a is $29 per unit, and variab
    5·1 answer
  • In a 1998 episode of The Simpsons, mogul Monty Burns and Homer Simpson try to buy protec u s. tax evasion and a small island in
    14·1 answer
  • Ratio analysis A company reports accounting data in its financial statements. This data is used for financial analyses that prov
    8·1 answer
  • A company purchased new furniture at a cost of $32,000 on September 30. The furniture is estimated to have a useful life of 5 ye
    15·1 answer
  • XYZ Company has expected earnings of $3.00 for next year and usually retains 40 percent for future growth. Its dividends are exp
    15·1 answer
  • 2. Buckeye Industries has a bond issue with a face value of $1000. The value of Buckeye’s asset is $1200. In one year they will
    15·1 answer
  • Which of the following best explains the quote below in terms of political propaganda?
    15·2 answers
  • PIRs (planned independent requirements) are calculated based on actual and forecasted sales.a) trueb) false
    9·1 answer
  • Is ikea product based or service based please explain.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!