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max2010maxim [7]
3 years ago
6

Explain the role of finance in business​

Business
2 answers:
nadezda [96]3 years ago
6 0

Answer:

Definition 1:

FINANCE is the function in a business responsible for acquiring funds for the firm, managing funds within the firm, and planning for the expenditure of funds on various assets. ... FINANCIAL MANAGEMENT is the job of managing a firm's resources so it can meet its goals and objectives.

Definition 2:

Finance is critical in just about every business decision, from planning and budgeting and cash flow management to the capital structure and how you control risks and costs.

(please note that this was found by doing research.)

Hope this helps!

Can I have brainliest, please? I'm trying to earn 50 Brainliest.

swat323 years ago
5 0

Answer:

FINANCE is the function in a business responsible for acquiring funds for the firm, managing funds within the firm, and planning for the expenditure of funds on various assets. ... FINANCIAL MANAGEMENT is the job of managing a firm's resources so it can meet its goals and objectives.

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Burton Corp. is growing quickly. Dividends are expected to grow at a rate of 29 percent for the next three years, with the growt
maw [93]

Answer:

The Current share price is $94.79

Explanation:

Dividend Growth Model determines the share price of a company which offers perpetual dividend with stable growth. It is the expected dividend of a share divided by the net return rate of growth rate .

According to given data

Last dividend = D0 = $3.40

Rate of return = 15%

Growth rates:

For 3 years = 29% per year

After 3 years = 7.3% in perpetuity

Dividend after 3 years = D3 = 3.40 x ( 1 + 0.29 )^3 = $7.30

We can calculate the price of share using following formula:

Price of share = D3 / Rate of return - Growth rate

Price of share = $7.30 / 15% - 7.3% = $7.30 / 7.70% = $94.79

4 0
3 years ago
Cellant Solar Energy, INC, is a company that produces solar panels for domestic use. It has 800 permanent employees working in d
aev [14]

Answer:

$300,000

Explanation:

A company is implored to pay punitive damages if it only intentionally discriminated against employees or their federally protected rights.

The punitive charges paid under the Civil Rights Act of 1991 is $50,000 per violation, this covers an employee number of 14 - 100. While companies with over 500 employees are expected to pay $300,000 per violation.

Since Cellant Solar Energy, Inc. is involved in a case of intentional employee discrimination and it has 800 permanent employees working in different departments. The maximum punitive damage that they will have to pay under the Civil Rights Act of 1991 is $300,000.

4 0
3 years ago
Read 2 more answers
In an investment center, the manager has the responsibility for and the authority to make decisions that affect a. both costs an
yaroslaw [1]

Answer:

The answer is B.) Cost, revenue, and assets invested in the center

Explanation:

An investment center is a responsibility center in which the department manager is responsible for costs, revenues and assets for the department.

An investment center is also a business unit in a firm that can utilize capital to contribute directly to a company's profitability.

Examples of departments that make up the cost center are the human resource and marketing departments, units that falls under a profit center include the manufacturing and sales department.

6 0
3 years ago
Alicia deposited $400 in the bank. The bank paid her simple interest at the rate of 5 percent per year. How much money will she
algol13

Using simple interest, she will have $410 at the end of six months.

Principle = $400

Rate = 5%

Time equals 6 months, or 0.5 years.

Simple interest is equal to PRT/100.

S.I. = 400*5*(1/2)/100

S.I. = 10

Consequently, $400 plus $10 equals $410.

<h3>What is simple interest?</h3>

To calculate the amount of interest that will be charged on a loan, use the quick and easy formula known as simple interest. For the purpose of calculating simple interest, the daily interest rate, the principal, and the number of days between payments are multiplied.

A loan's principal or the first deposit into a savings account serves as the basis for simple interest. Because simple interest doesn't compound, a creditor would only pay interest on the principal sum, and a borrower will never have to pay interest on the interest that has already accrued.

Learn more about simple interests, from:

brainly.com/question/25845758

#SPJ1

6 0
1 year ago
Equilibrium price is $10 in a perfectly competitive market. For a perfectly competitive firm, MR = MC at 233 units of output. At
Anika [276]

Answer:

Continue operating; $699

Explanation:

The equilibrium price is $10.

MR = MC at 233 units of output.

At this output level, ATC is $12, and AVC is $9.

The AFC or average fixed cost

= ATC - AVC

= $12 - $9

= $3

The total fixed cost

= AFC\ \times Q

= \$ 3\ \times\ 233

= $699

The equilibrium price is able to cover the average variable cost so the firm should continue production in the short run.

4 0
3 years ago
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