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juin [17]
3 years ago
15

Timothy was tasked with creating the budget for the next fiscal year. He had to create a cost-profit analysis report of all the

current product lines of the company. He also had to identify avenues for possible cost reduction in the budget. What was Timothy’s position within his company?​
Business
2 answers:
myrzilka [38]3 years ago
8 0

Answer:

Finance

Explanation:

I took the end of semester test for plato thank me later.

Helga [31]3 years ago
3 0

Obviously, Mr Timothy’s position within the company is Chief Financial officer

Chief Financial officer is the officer responsible for management of company's finances and top-level budgets.

So, as the Chief Financial officer, his responsibility includes:

  • creating the budget for a fiscal year
  • creating a cost-profit analysis report
  • identifying avenues for possible cost reduction in the budget

In conclusion, Mr Timothy’s position within the company is Chief Financial officer

Read more about CFO

<em>brainly.com/question/25511920</em>

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Which of the following statements best describes a chart of accounts?
krok68 [10]
The right answer for the question that is being asked and shown above is that: "d. It s a list of account titles in the order in which they can be found in the ledger." The statement that best describes a chart of accounts is that d. It s a list of account titles in the order in which they can be found in the ledger.<span>
</span>
8 0
3 years ago
An experimenter had groups of one to four people look up at the sky on a street corner and measured what proportion of people wh
Dafna1 [17]

Answer:

an experiment.

Explanation:

An experiment refers to a scientific process that could be made to discover the things, hypothesis test and exhibit a fact i.e. known

Here in the given situation, it is mentioned that the experimenter contains a group in which one to four people are looking up to the sky on the corner of the street and also the proportion is measured

So this is an example of an experiment

6 0
3 years ago
_________ is another term for a defensive strategy. multiple choice a fixed plan the aggressive approach a stability strategy a
alexandr1967 [171]
A retrenchment strategy <span>is another term for a defensive strategy. 
</span>Companies use the retrenchment strategy with the goal to reduce the diversity or the overall size of the operations of the company and by doing so to cut expenses and reach to a more stable financial position. 
<span>This strategy will revitalize the organizational resources.</span>
8 0
3 years ago
On December 30 of the current year, Azrael, Inc., purchased a machine from Abiss Corp. in exchange for a noninterest-bearing not
Brut [27]

Answer:

$94,244

Explanation:

Data provided as per the question below:-

Note payable amount = $20,000

rate of interest = 11%

The computation of the present value of factors are shown below:-

Here we are using the annuity table of present value at 11% for 7 years

Present value of factors = Note payable amount × present value annuity factor

= $20,000 × 4.7122

= $94,244

5 0
3 years ago
A firm has a current price of $40 a share, an expected growth rate of 11 percent and expected dividend per share (D1) of $2. Giv
konstantin123 [22]

Answer:

d. 16% - buy

Explanation:

R = (D1 / P0) + g

Where, R=Expected Return, P0 = Current Market Price = $40, D1=Expected Dividend=$, g = Expected Growth Rate = 11% = 0.11

Expected Return = R = ($2/$40) + 11%

R = 0.05 + 0.11

R = 0.16

R = 16%

Expected Return is higher than the required return of 12%.  Hence, it should be bought (it is expected to give higher return than required)

8 0
3 years ago
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