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
juin [17]
2 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]2 years ago
8 0

Answer:

Finance

Explanation:

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

Helga [31]2 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>

You might be interested in
HELP PLEASE, I WILL GIVE BRAINLIEST!!
anzhelika [568]

Answer:

1. Problem-solving skills.

2. leadership skills.

3. Attention to detail.

Hope this helps you....!

Explanation:

5 0
3 years ago
Read 2 more answers
B2B markets differ from B2C markets because: Group of answer choices salespeople personally call on business customers to a far
yKpoI14uk [10]

Answer:

salespeople personally call on business customers to a far greater extent than they do consumers.

Explanation:

Business to business (B2B) markets differ from Business to consumers (B2C) markets because salespeople personally call on business customers to a far greater extent than they do consumers.

Under the B2B sells its products directly to other businesses such as wholesalers or retailers and not the end consumers.

On the other hand, the B2C market involves businesses selling their goods and services directly to the end consumers or users for personal use.

6 0
3 years ago
Georgia Corp. uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative
Alexxandr [17]

Answer:

($3,000)

An outflow

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.  

In cash flow statements, an increase in assets(other than cash) is treated as a cash outflow while a decrease is considered as an inflow of cash.

Hence if accounts receivables balance increases from $45,000 i 2018 to $48,000 in 2019, the change of $3,000 will be shown as an outflow.

6 0
3 years ago
Swifty Co. uses the gross method to record sales made on credit. On July 1, 2020, it made sales of 69,000 with terms 2/10 n/30.
wel

Answer:

July 1, 2020

Debit  : Accounts Receivable $69,000

Credit : Sales $69,000

July 9, 2020

Debit  : Cash $62,100

Debit : Discount allowed $1,380

Credit : Accounts Receivable $69,000

Explanation:

Note : Remove the discount from final payment.

The required journal entries for Swifty Co have been prepared above.

4 0
3 years ago
Outstanding stock of the Abel Corporation included 20,000 shares of $5 par common stock and 10,000 shares of 5%, $10 par noncumu
grigory [225]

Answer:

So, in 2010, out of the dividends of $12000, $5000 was distributed to preferred stockholders.

Explanation:

A non cumulative preferred stock is a kind of stock that has a preference in terms of dividend payment over ordinary/common stock. This means that the dividend on the preferred stock is paid first and any remaining amount after dividend payment to this stock is distributable among common stockholders. Furthermore, in case dividends are not paid in a particular year, that year's dividends are not payable in future in case the stock is a non cumulative one. So, the dividends paid to non cumulative preferred stock in 2010 will be,

Dividend per year - Preferred stock = 10000 * 10 * 0.05 = $5000

So, in 2010, out of the dividends of $12000, $5000 was distributed to preferred stockholders.

5 0
3 years ago
Other questions:
  • On January 10, 2017, a man in Lebanon, Virginia, frustrated with the DMV bureaucracy, paid his DMV bill with 300,000 pennies tha
    12·1 answer
  • Material evidence for trade between settlers along the baltic and southern europeans, during the ice age thawing period,
    6·1 answer
  • How else can nordstrom continue to provide exceptional customer service and increase brand loyalty?
    8·1 answer
  • Elise, an emergency medical technician renders aid to a participant in Forest Trail Marathon, an athletic event. Regarding a sui
    6·1 answer
  • A Subaru representative has a solid relationship with Phil, a satisfied customer. Phil loves Subaru and will not accept anything
    11·1 answer
  • Which of the following is true of both paying with a check and paying with a debit card? A)Both are accepted by most people and
    15·2 answers
  • The Card Shoppe needs to maintain 21 percent of its sales in net working capital. Currently, the store is considering a four-yea
    9·1 answer
  • 6) Differences in create international trade
    15·1 answer
  • Jose 25 kg is father is 5 kg less than 3 times jose's weight what is the weight of jose father​
    5·1 answer
  • Knowing yourself is the basis for all steps in career planning. is this statement true or false?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!