Accounts Receivable Turnover (AR Turnover) - An activity ratio found by credit sales divided by accounts receivable. Average Collection Period (ACP) - An activity ratio found by the number of days in a year (365) divided by AR turnover. Current Ratio - A liquidity ratio found by current assets divi...
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coincident indicators - are collected and analyzed as economic shifts happen and include GDP and personal income. flat yield curve: - results when both short-term and long-term bonds have the same interest rate, indicating that the economy is in a transitional state. In what way are coincident i...
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Add to cartcoincident indicators - are collected and analyzed as economic shifts happen and include GDP and personal income. flat yield curve: - results when both short-term and long-term bonds have the same interest rate, indicating that the economy is in a transitional state. In what way are coincident i...
3 main tasks a financial manager of a firm does - makes investment decisions makes financing decisions manages working capital Business Finance - An area of finance that deals with sources of funding, the capital structure of corporations, the actions that managers take to increase the value of ...
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Add to cart3 main tasks a financial manager of a firm does - makes investment decisions makes financing decisions manages working capital Business Finance - An area of finance that deals with sources of funding, the capital structure of corporations, the actions that managers take to increase the value of ...
*Part 1* W&H Company wants to create a cash budget to better manage its cash flows. The financial manager knows that the firm's labor costs and materials casts are too high for the level of sales each month. The firm also needs to keep better track of its cash flows to assess its need for additio...
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Add to cart*Part 1* W&H Company wants to create a cash budget to better manage its cash flows. The financial manager knows that the firm's labor costs and materials casts are too high for the level of sales each month. The firm also needs to keep better track of its cash flows to assess its need for additio...
A firm had sales of $100,000 this month. However, the firm received only $90,000 in cash from sales. Why would the firm receive $10,000 less cash than its monthly sales? - Because the firm did not make all sales on cash (Some sales are made on credit rather than cash, and a portion of credit sale...
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Add to cartA firm had sales of $100,000 this month. However, the firm received only $90,000 in cash from sales. Why would the firm receive $10,000 less cash than its monthly sales? - Because the firm did not make all sales on cash (Some sales are made on credit rather than cash, and a portion of credit sale...
Which area of finance deals with sources of funding and the capital structure of corporations and seeks to increase the value of a firm to its owners? Financial institutions Business finance Investments Real estateBusiness finance is the area of finance that deals with uses and sources of fundi...
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Add to cartWhich area of finance deals with sources of funding and the capital structure of corporations and seeks to increase the value of a firm to its owners? Financial institutions Business finance Investments Real estateBusiness finance is the area of finance that deals with uses and sources of fundi...
0 / 1 Maria and Mateo are setting financial goals. They decide that they need to save $200 each month to reach their goal of taking their children to visit their grandparents in Spain next summer. What is the objective of setting such a goal? - To maximize individual utility - While everyone has...
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Add to cart0 / 1 Maria and Mateo are setting financial goals. They decide that they need to save $200 each month to reach their goal of taking their children to visit their grandparents in Spain next summer. What is the objective of setting such a goal? - To maximize individual utility - While everyone has...
A company calculated variances of a budget and actual cash flows that indicate the firm's strengths and weaknesses in cash flows and its budgeting process. Which major use of cash budgeting is this an example of? - Performance evaluation A company calculated variances of a budget and actual cash...
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Add to cartA company calculated variances of a budget and actual cash flows that indicate the firm's strengths and weaknesses in cash flows and its budgeting process. Which major use of cash budgeting is this an example of? - Performance evaluation A company calculated variances of a budget and actual cash...
Which principle of ratio analysis means that ratios are open for analyst interpretation, are not governed by rules, and allow creativity to work according to a particular company or asset? - Flexibility Comparing a firm's ratios across time. - Trend Analysis Comparing a firm's financial ratios ...
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Add to cartWhich principle of ratio analysis means that ratios are open for analyst interpretation, are not governed by rules, and allow creativity to work according to a particular company or asset? - Flexibility Comparing a firm's ratios across time. - Trend Analysis Comparing a firm's financial ratios ...
A company calculated variances of a budget and actual cash flows that indicate the firm's strengths and weaknesses in cash flows and its budgeting process. Which major use of cash budgeting is this an example of? -Assessment of future needs -Performance evaluation -Standardization -Corrective...
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Add to cartA company calculated variances of a budget and actual cash flows that indicate the firm's strengths and weaknesses in cash flows and its budgeting process. Which major use of cash budgeting is this an example of? -Assessment of future needs -Performance evaluation -Standardization -Corrective...
In which way is accounting different from finance? - Accounting is backward looking, while finance is focused on the future What is the main question that both individuals and companies must consider when making financial decisions to reach a goal? - Will the benefits of the action outweigh the c...
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Add to cartIn which way is accounting different from finance? - Accounting is backward looking, while finance is focused on the future What is the main question that both individuals and companies must consider when making financial decisions to reach a goal? - Will the benefits of the action outweigh the c...
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