explain the role of finance in business​

Answers

Answer 1

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.


Related Questions

True or false
Is purchasing a new video game a fixed expense?

Answers

Answer:

Examples of fixed costs include rental lease payments, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities

Explanation:

Maybe this will help you.

1. Determine the trade-offs of implementing an ERP system in the company versus buying best of breed software and using middleware to integrate. 2. What are the potential impacts of such implementation on the company’s suppliers and customers? 3. If the company chose to stay with the system it currently has, what are some potential consequences that can occur in the future? 4. Based on the business nature of the company, the industry, and the current environment, what would you recommend doing?

Answers

Answer:

Throughout the clarification segment follows, the context of the concern is mentioned.

Explanation:

(a)

There seem to be different divisions of every company, such as ordering, production management, engineering, finance as well as ordering management, and marketing. Previously, with each company maintaining their everyone else's collection of information, these same government agencies used to collaborate throughout silos, resulting in redundant systems but so much time and energy during peaceful coexistence.By facilitating cross-functional transfers, ERP packages support organizations. These bundles, for example, come up with all these financial, ordering, balance sheets, accounts receivables, fully organized cash equivalents for one another and, and therefore also companies no longer have to store different copies of records. The numerous divisions can navigate the purchasing order that is raised throughout the framework.

(b)

The future effect including its company's introduction to the ERP system would make communication with suppliers healthier and more streamlined. To strengthen the distribution network, collaboration with vendors can enhance communication and exchange knowledge utilizing innovative software. For clients, this new ERP deployment framework will satisfy the existing domain's scalable specifications.

(c)

If the organization wanted to stick in the new method that was being non-synchronous and unreliable through its service, the likely implications for the immediate future seem to be the corporation's defeat with loss. There was no standard program or software kit used by the new framework for the whole enterprise and the complete IT arrangement was then disintegrated.The void of misunderstanding might expand if the government continues this very same method, combined with a lack of improvement in order fulfillment and procurement of materials. The attorney general's office and accounting would not have been able to assemble the tremendous pricing information that would not operate the shop in a successful direction instead of always get knotted in tech problems.

(d)

The organization's overall nature includes an optimized application suite to be adopted, which is standardized for the whole workplace. The entire organization should be trained by a similar arrangement running on a single platform. Software besides inventory control, accounting, business development, capital structure, but most project management should be included in this effort and compliance.Effectiveness cloud-based software could allow the management to configure the program according to its preferences and then use it for particular purposes without buying everything at once. This ERP implementation seems to be profitable for the organization in terms of the current culture and community, as well as for the organization's strategic accomplishment.

Best pick up line gets brainliest :)

Answers

Answer:

did you fall from heaven? because your face is super messed up

Explanation:

Answer:

Well, here I am. What are your other two wishes?

Are you French? Because Eiffel for you.

Do you like raisins? How do you feel about a date?

There is something wrong with my cell phone. It doesn't have your number in it.

If I could rearrange the alphabet, I’d put ‘U’ and ‘I’ together.

I'm no photographer, but I can picture us together.

Feel my shirt. Know what it’s made of? Boyfriend material.

Are you related to Jean-Claude Van Damme? Because Jean-Claude Van Danngg! you’re semxy!

If you were a chicken, you’d be impeccable.

Did your license get suspended for driving all these guys crazy?

I’m learning about important dates in history. Wanna be one of them?

Baby, if you were words on a page, you’d be fine print.

Did you just come out of the oven? Because you’re hot.

It’s a good thing I have my library card because I am totally checking you out.

I was blinded by your beauty; I’m going to need your name and phone number for insurance purposes.

I was wondering if you had an extra heart. Because mine was just stolen.

Is your name Google? Because you have everything I’ve been searching for.

Explanation:

According to the video, which terms best describe the role of General and Operations Managers? Check all that apply. documented power responsibility clerical risk pressure systematic​

Answers

Answer: Power

Responsibility

Risk

And pressure

Explanation:

According to the video, as the power, responsibility, risk, pressure best describe the role of general and operations managers. Thus, option (b), (c), (e), (f) is correct.

What is manager?

A manager is a professional who takes a leadership role in an organization and manages a team of employees. A manager is a person who manages a team of employees in an organization. A manager builds a bridge between the employees and the top-level management.

According to the video, was the different in the role of the general and operations managers. The first role is the power to direct the employees. The responsibility was the new project and the current work as the manage. The risk was the opportunity as the used on the profit as per the loss. The pressure of the work on the completing to the before the deadline.

As a result, the video, as the power, responsibility, risk, pressure best describe the role of General and Operations Managers. Therefore, option (b), (c), (e), (f) is correct.

Learn more about on managers, here:

https://brainly.com/question/29023210

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Which of the following are examples of career clusters? Select all that.apply

Answers

Answer:

governmental and public admiration and real estate

Explanation:

Answer:zcvn

Explanation:

List at least one discretionary expense listed on the bank statement or check register

Answers

Answer:

overdraft fees

not 100% sure, but hope that helps

Ray has a music studio he runs from his house. Last quarter he raised $3000 is total services rendered. His expenses included $1000 for rent, $300 in utilities, $50 in interest on a loan he got from the bank and $200 in depreciation of his instruments. His tax rate is 40%. How much cash will Ray have to reinvest in his music studio?

Answers

Answer:

$1,070

Explanation:

As provided, the total revenue recorded in the previous quarter = $3,000

Total expenses as provided:

Rent expense = $1,000

Utilities = $300

Interest = $50

Depreciation = $200

Total = $1,550

Revenue after providing of all the expenses = $3,000 - $1,550 = $1,450

Less: Tax 40% of the amount $1,450 = $580

Net revenue = $870

Add: Depreciation = $870 + $200 = $1,070

Amount available for reinvestment = $1,070

Note: Depreciation is a non cash expense and shall be added to compute the amount available for reinvestment as that is not the cash spent.


Which economic effect does a central bank hope to achieve by selling large
amounts of treasury securities?

O A. It hopes to reduce the amount of money available for lending.
B. It hopes to lower interest rates on banks and other private lenders.
C. It hopes to encourage businesses to hire more employees.
O D. It hopes to encourage banks to increase their reserve rate.

Answers

Answer:

A. It hopes to reduce the amount of money available for lending.

Explanation:

Usually, the central bank(Federal reserve) control the supply of money in circulation in the economy so that the nation's economy would be healthy. One of the ways through which the federal reserve controls the quantity of money in circulation is by selling or purchasing of government securities through a process known as open market operation.

If the federal reserve sells government securities such as treasury bills, in large quantities, its aim is to reduce the amount or quantity of money available to commercial banks for lending, hence mop up the quantity of money in circulation.

Also, if the federal reserve buys government securities, its aim is to make more money available in large quantities to commercial banks and other institutions, hence have more cash to lend people.

Answer: It hopes to reduce the amount of money available for lending.

What does the W-2 form tell you? When to file your tax return. When to file your tax return. How often your employer will be paying you. How often your employer will be paying you. How much you've earned and how much taxes you've paid in the last year. How much you've earned and how much taxes you've paid in the last year. How much federal income tax your employer will withhold from your paycheck.

Answers

Answer:

How much you've earned and how much taxes you've paid in the last year

Explanation:

This form is an IRS tax form that is useful in reporting the wages that are paid to employees and also the tax that is deducted from these wages.

Every employer of labor in the united states is mandated to complete this forms as a part of employment relationship for every staff to whom they pay money to in the form of wages or salary. The employer sends this document to every of its employees and also to the IRS at year end

Paula is a computer programmer and is very good at her job. The company Paula works for announces that they will be using brand new software tools. None of the current programmers, including Paula, know how to use these new software tools, but the company would like them to try to learn.

Answers

Answer:

offer to learn the new programming software tools

Explanation:

As per the given situation, the company will use new program software in which Paula works as a computer programmer but he didn't know about the new software tool. So in this case, the company will give the offer to learn the programming software so that the employees can learn and use into the company work.

A stock is selling at $90. A 3-month call with a strike price of $100 is selling for $3.105 with a delta of 0.329. How many call contracts are required to perform a hedge on 1,000 shares of this stock? Would they be bought or sold? What happens if the price of the stock falls to $50?

Answers

Answer:

use a calculator

Explanation:

it helps you get the answer :)

A store advertises new TVs for $100 a month for six $600 in order to
A. encourage customers to buy more than one item
B. make a larger price tag look more manageable
C. make signage more attractive to shoppers
D. significantly reduce the amount of tax taken

Answers

Answer:

B. make a larger price tag look more manageable

Explanation:

A price tag of $600 may see a too high price for many customers. To eliminate the perception of a huge price/expensive TV, the store opts to spread the TV cost over six months. The customer will end up paying $600 for the TV( 6 x $100).

The $600 price tag may discourage some customers, which translates to a loss of sales. $100 for six months is attractive, pocket friendly and may generate many sales to the store.

Marketing and distribution system of Sole proprietorship

Answers

Answer:

Direct selling;

Selling through intermediaries;

Dual distribution; and.

Reverse channels.

Explanation:

What best defines guerrilla marketing?

Answers

This includes marketing tactics that are usually unplanned, spontaneous, non traditional and without heavy use of traditional media.
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