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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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Suppose that every product in a grocery store contains a tiny transmitter, and that sensors on your shopping cart detect your se
lana [24]

Answer: Does the technology lower the cost of targeting the consumers who are likely to be interested in particular​ products?

Explanation:

Ethical evaluation simply refers to conducts and standards which helps in the promotion of honesty, and integrity when a business is engaging with the program owners.

In this scenario, the questions that is least relevant to the ethical evaluation of the technology described above is "does the technology lower the cost of targeting the consumers who are likely to be interested in particular​ products?

The ethical evaluation isn't discussed here but rather cost minimization is being discussed.

6 0
2 years ago
Hampton Corporation has a beta of 1.3 and a marginal tax rate of 34%. The expected return on the market is 11% and the risk-free
Maurinko [17]

Answer: 12.5%

Explanation:

Given the following :

Beta (B) = 1.3

Marginal tax rate = 34%

Risk free interest rate = 6%

Market rate of return = 11%

The cost of equity is calculated using the relation:

Risk free rate of return + Beta(market rate of return - risk free rate of return)

Cost of equity = 6% + 1.3(11% - 6%)

Cost of equity = 6% + 1.3(5%)

Cost of equity = 6% + 6.5%

Cost of equity = 12.5%

Therefore, the firm's cost of internal equity is 12.5%

6 0
3 years ago
"Corporate officers hold positions of trust in our markets and have important responsibilities to shareholders," said Steven Pei
Fed [463]

Answer:

huh. this is confusing.

Explanation:

5 0
3 years ago
The following transactions were completed by Daws Company during the current fiscal year ended December 31:
boyakko [2]

Answer:

Explanation:

The T account is presented below:

                          Allowance for Doubtful Debts  

Jan 29                  $5,850                      Jan 1 Beginning balance $54,200

Aug 9                   $11,850                      April 18                 $4,000

Dec 31                  $52,160                     Nov 7                    $7,000

Dec 31   Unadjusted

              balance    $4,660                

                                                          Dec 31 Adjusting entry   $64,660

                                                          Dec 31 Adjusted balance $60,000

4 0
3 years ago
Pratique Solutions offers jobs that require creativity and hires people who are enthusiastic and friendly. Their pay scale meets
zysi [14]

Answer: pay satisfaction and promotion satisfaction

Explanation:

The Job Descriptive Index is designed in order to determine the satisfaction of employees with their jobs.

Since the company's pay scale meets the industry norm but does not exceed it, and the managers tend to stay at the same job level for a long time, then the company will score low on in a JDI survey in the area of pay satisfaction and promotion satisfaction.

3 0
3 years ago
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