The _____ of a firm uses information from the sales budget and various cost budgets to develop a forecast of net earnings for the planning period.

Answers

Answer 1

According to business management roles, the "financial manager" of a firm uses information from the sales budget and various cost budgets to develop a forecast of net earnings for the planning period.

This is because the financial managers are the individuals in a firm whose role or responsibility is to ensure that the organization is functioning well financially.

Their roles usually involve providing the financial guidance, developing financial reports, making direct investment activities, etc.

Hence, in this case, it is concluded that the correct answer is "Financial Manager."

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Related Questions

Which of the following factors does NOT influence financial planning?
Group of answer choices

Potential future earnings

Savings

Debt

Investments

Answers

Answer:

D

Explanation:

Investment is not defined until it is current and shown

The factor that does not influence financial planning is Debt.

What is Debt and How it does not influence financial planning?Debt is usually money, borrowed by one party from another.Debt is long-term, and the lender is exposed to interest rate risk or the risk that interest rates will fluctuate over the maturity of the loan from which we can say that debt does not influence financial planning.Debt can lead to financial instability.

Hence, Option C is the correct answer.

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The prevailing budget philosophy prior to Keynes called for a balanced budget. Keynes argued that the government should not balance its budget but instead have budget DEFICITS during

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The period which Keynes argued that the government should not balance its budget but instead have budget DEFICITS was during:

D. Economic recessions.

According to the given question, we are asked to show the period which Keynes argued that the government should not balance its budget but instead have budget DEFICITS.

As a result, we can see that Keynes, one of the fathers of economics stated that it was important for the government to have budget deficits so that they could adequately navigate through the economic recessions at that periiod.

Therefore, the correct answer is option D

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The curve most economists use to follow the relationship between the interest rates and bonds' time to maturity is the:

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The answer here is ‘yield curve’.

When a company has both common and preferred stock, its ROE must be adjusted by ______. (Select all that apply.)

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When a company has both the common and preferred stock, then, its ROE must be adjusted by subtracting the preferred stock balance from the total stockholders' equity  and subtracting preferred stock dividends from net income.

The ROE means Return on equity.

Return on equity is used to measure the profitability of a business in relation to its equity.

If the company have common and preferred stock, then, its ROE must be adjusted by subtracting the preferred stock balance from the total stockholders' equity  and subtracting preferred stock dividends from net income.

Therefore, the Option A and C is correct.

Missing options includes "A) subtracting the preferred stock balance from the total stockholders' equity, B) adding the preferred stock dividends to net income, C) subtracting preferred stock dividends from net income , D) adding the preferred stock balance to total stockholders' equity"

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Marla is a buyer at a major corporation. Although she is authorized to make purchasing decisions on her own, she often seeks the input of trusted colleagues before settling on a decision. What type of buying center does Marla participate in

Answers

Answer:

Consultative

Explanation:

I did this question

which skill is considered the cornerstone of effective communication?

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Based on communication strategy, the skill that is considered the cornerstone of effective communication is known as "Listening."

This is because effective listening forms the foundation of effective communication.

With effective listening, a recipient or responder would make the proper reply or response to the sender.

Without proper listening, arguments may arise in the communication process, or difficulty in understanding may occur among parties to a specific communication process.

Hence, in this case, it is concluded that the correct answer is "Listening."

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Grant's income statement reveals a loss from the sale of land. In preparing the operating activities section of the statement of cash flows using the indirect format, the loss should be

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If income statement reveals a loss from the sale of land, the loss should be added to net income in the operating activities section.

When loss from the sales of land  or property is added to net income, in the statement of cash flows operating activities section, the loss amount will increase the net income.

Loss from the sales of land is a noncash assets as it does not involve cash because no money  was paid.

Based on this loss from sales of land does not means that cash was paid rather it means that the company missed the opportunity to gain the amount that was loss.

Inconclusion If income statement reveals a loss from the sale of land, the loss should be added to net income in the operating activities section.

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As a project lead, your team is on its way to finishing work on the project, while you have the impression that a staff member is already negotiating the next assignment in another project. You are afraid that the person may come under pressure to start working on the other job before she has finished her work for your project. Her task is very complex, and it would be hard for someone else to take up the partial results and finish them. What action is most likely to resolve the situation

Answers

The action most likely to resolve the situation is to use your network of project managers to find another role for the person that allows for a smooth transition and doesn't conflict with your needs.

This is the best course of action because a smooth transition between projects allows for greater motivation in the current project, according to the PMBOK.

Therefore, using your network of project managers to find another assignment and allow for a smoother transition that doesn't conflict with your needs is the most suitable option.

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Wayfair Co. Reported the following results from the sale of 5,500 tables in May: sales $300,000, variable costs $165,000, fixed costs $85,000, and net income $50,000. Assume that Wayfair increases the selling price of tables by 10% on June 1. How much sales are needed by Wayfair to break even?.

Answers

Wayfair Co's sales needed to break even are 2,833 tables and $170,000.

Data and Calculations:

Number of tables sold in May = 5,500

Sales revenue in May = $300,000

Fixed costs = $85,000

Net income = $50,000

Selling price per table in May = $54.55 ($300,000/5,500)

Total variable costs  = $165,000

Variable cost per unit = $30.00 ($165,000/5,500)

New selling price per table in June = $60 ($54.55 x 1.1)

Contribution margin per table = $30 ($60 - $30)

Contribution margin ratio = 50%  ($30/$60 x 100)

Break-even Sales (Units) = Fixed Costs/Contribution Margin

= 2,833 ($85,000/$30) tables

Break-even Sales ($) = $170,000 ($85,000/50%)

Thus, the sales needed to break even are 2,833 tables and $170,000.

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Which company makes more money? Gucci, which makes a Profit of $75.00 per belt sold, or Wal Mart which makes $0.62 per belt sold? Explain your answer…

Answers

Answer:

Probably Walmart. Considering the price is so low for Walmart, more people are likely to buy it. Therefor the value will drop.

Explanation:

What was the major difficulty for the athletes?

Answers

Answer:

injuries

Explanation:

because

if the fed conducts open-market sales, the money supply

Answers

When the Fed buys government bond from a bank, then, bank will acquires money which it can lend out, thus, leading to an increase to money supply.

The open market operations entails the purchase and sales of government bonds by the Federal Reserve (Fed).

When Fed purchases government securities on open market,, this increases the reserves of commercial banks, increases the price of government securities, reduces overall interest rates etc.

Therefore, when the Fed buys the government bond from a bank, then, the bank will acquires money which it can lend out, thus, leading to an increase to money supply.

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state governments use to compete with other states and countries to locate businesses in their areas.

Answers

Answer:marketing

Explanation:

The state governments used to compete with other states and countries to locate businesses in their areas, of marketing.

What is businesses?

The term “businesses” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts. The businesses are interested in the investment as a future perspective.

According to state governments, are the utilized to the states and nations are the based on the situated are the state and the businesses in the is area are the based on the marketing. Marketing is the practice of a business of promoting the acquisition and selling of goods and services. Marketing consists of promotion, publicity, and advertising.

As a result, the state governments used to compete with other states and countries to locate businesses in their areas, of marketing.

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the sequence of work for a job is also known as its

Answers

Answer:

Routing

Explanation:

The existence of a ________ means that the interest rate on a two-year bond will exceed the average interest rate on two successive one-year bonds.

Answers

The answer is risk-premium

Beverly, the manager of a branch location of a large law firm, purposely controls company resources as if they were her own and encourages continued development and training of her employees. She cares about the staff deeply and even organized international volunteering activities to promote their growth. Beverly could best be described as which type of leader

Answers

Based on the given scenario Beverly could best be described as servant leader.

A servant leader is a type of leader that is has the best interest of their organization or company and employee on mind.

They are more concern about the wellbeing and the need of their employee and they tend to show support or render support to their employee.

A servant leader often show empathy and they help people to develop as well as encourage the development, growth and training of their employee or people.

Inconclusion Beverly could best be described as servant leader.

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Since they filed bankruptcy in the past, a couple ends up paying a 12% fixed rate for a 30 year mortgage. With a better credit rating, they could have gotten the loan at a rate of 8%. If their loan amount is $140,000, how much more per month will the couple be paying for their mortgage as a result of their bankruptcy? a. $137,532. 67 b. $412. 79 c. $1,440. 06 d. $260. 37 Please select the best answer from the choices provided A B C D.

Answers

Based on the scenario given , we can see that because the couple have already filed for bankruptcy, there is a 12% fixed rate for a 30 year mortgage, therefore, if they got 8% loan rate and the loan amount is $140, 000, then the amount which they would be paying more would be $412.79.

As a result of this, we can see that their extra amount which they would pay is to first calculate the total loan tenure which is 30 x 12 = 360 months.

Next would be to find the new monthly payments from the better credit rating and it would be $1,027.27

Next, we would factor in the bankruptcy factor which  would be 0.01.

Next, we would calculate the monthly payments would be $1,440.06

Finally, we would find the difference between the excess payment which would be $1,440.06 - $1,027.27

Therefore, the correct answer is $412.79

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Answer:

✅ B. $412.79

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starting with net income and adjusting it for items that affected reported net income but which did not affect cash is called the

Answers

Answer:

Explanation:

Two methods are used to calculate cash flow from operating activities: indirect and direct, which both produce the same result. ... Indirect Method: This method starts with net income and converts it to OCF by adjusting for items that were used to calculate net income but did not affect cash.

What are junk bonds?

Answers

Answer:

a junk bond is an investment in debt. A company or a government raises a sum of money by issuing IOUs stating the amount it is borrowing (the principal), the date it will return your money (maturity date), and the interest rate (coupon) it will pay you on the borrowed money.

Hedging risk involves engaging in a financial transaction that offsets a long position by taking an additional ________ position, or offsets a short position by taking an additional ________ position.

Answers

Risk Hedging entails offsetting a long position by taking an additional short position or offsets a short position by taking an additional long position.

Risk Hedging refers to various strategy employed to reduce exposure to an investment risk.

Risk Hedging is when the hedge the risk of one investment by taking an offsetting position in another investment.

Hence, the strategy of Risk Hedging entails offsetting a long position by taking an additional short position or offsets a short position by taking an additional long position.

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Wrigley introduced a new flavor of Orbit brand sugar-free chewing gum, mint mojito, and its introductory price was low so that it quickly created loyal customers for the flavor. In this example, Wrigley used Group of answer choices skimming pricing. penetration pricing. price lining. odd-even pricing. loss-leader pricing.

Answers

In this example, Wrigley used the Penetration pricing.

Penetration pricing is one of marketing strategy which aims to attract potential customers by offering lower price as its initial offering.

This pricing strategy helps a new product or service to penetrate the market and attract customers because of the low price offered.

In the question, the introductory price for chewing gum, mint mojito were set low and aims to attract new customers to the product.

In conclusion, Wrigley used the Penetration pricing to attract new customers.

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the single most important output in preparing financial budgets is the

Answers

Answer:

cash budget

Explanation:

3. Tom and Melody are considering the extensive use of ads in fitness magazines and a direct mail campaign targeted at people who have bought other products made by Xer-Wise. Since these messages are geared directly to customers, it is clear that Tom and Melody want to implement a _________ strategy.

Answers

Tom and Melody want to implement a pull strategy.

Since these messages are geared directly toward customers, it is clear that Tom and Melody want to implement a pull strategy.

What is the pull strategy?

The tactic of bringing the consumer to you is known as a pull strategy. Pull strategy is the use of pull strategies, or the conveyance of information, to attract the consumer rather than forcing your business on them. These clients frequently start to promote your company for you. For instance, a business may send prior clients a promotional email about a new range of items.

Businesses may also give recent clients a coupon for a future purchase. A pull marketing approach may boost profitability by retaining existing consumers and consistently attracting new ones. Pull marketing, on the other hand, refers to using a technique that inevitably increases customer interest in your company's name or goods (usually with relevant and interesting content).

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4. A media company that owns a newspaper is struggling to make the newspaper profitable.
Which model should the company's leadership use to best improve the newspaper's
profitability?
O maintain the status quo
O gradual time-orientated change
O flexibility with minimal structure
O structured change in steps

Answers

Answer:

it a

Explanation:

i llo

Heidi, the found of Camp Bow Wow, started a franchise instead of only having one location in part because: _____________

a. It allowed her to work at realizing her vision and building the brand rather than the day-to-day operations of the business.
b. She had experience in founding other franchises, but her real dream was to build a business around animals.
c. She had her fill of corporate life and wanted to try building her own company.
d. She needed to recover the money she had wasted from the settlement in her late husband's plane crash lawsuit.

Answers

With the franchise of her Camp Bow Wow, a. It allowed her to work at realizing her vision and building the brand rather than the day-to-day operations of the business.

Heidi did not choose the franchise option because she had experience in founding other franchises, had her fill with corporate life, or needed to recover money wasted on the settlement of her late husband's plane crash lawsuit.

Thus, with her passion for the dog daycare business, she used the franchise option to duplicate and replicate the original business concept., thereby realizing her vision and building the Camp Bow Wow brand.

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Type the correct answer in the box. Spell all words correctly.

What is a continuous discussion to bring out innovative ideas from employees?

A _____ session is a continuous discussion to bring out innovative ideas from employees. (Using Plato for this)

Answers

The name which is given to the session that is a continuous discussion to bring out innovative ideas from employees is called:

Brainstorming

According to the given question, we are asked to state the  name which is given to the session that is a continuous discussion to bring out innovative ideas from employees.

As a result of this, we can see that when a group of workers sit down together to bring out a new idea that would be innovative  to their company, then we can say that they are brainstorming because they bring ideas that would improve overall business and profit

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Shawna has added up all her current expenditures and revenues and developed a plan for what she wants to do with all of her cash flow. She has included in this plan some money to put away for her 401k based on what she will need in the future. What is missing from Shawna's actions to make sure this is a sound financial plan?
Group of answer choices

Shawna needs to make sure she revisits this plan on an ongoing basis.

Shawna needs to invest. You can't have a sound financial plan without investing.

Shawna needs to consult with a financial advisor to make sure she has not missed any details.

Shawna should begin speculating on the market to potentially grow her extra income quickly.

Answers

Answer:

Shawna needs to consult with a financial advisor to make sure she has not missed any details.

The correct answer is Shawna needs to consult with a financial advisor to make sure she has not missed any details.

What is financial advisor?A financial consultant is a professional who is paid to offer financial advice to clients. Just as you would hire an engineer to make a plan for your home, you hire an economic advisor to construct a plan for your finances. It's all about paying someone for the expertise you need to reach detailed goals.Having a good connection with a financial consultant will not only set you up financially. They can help make conclusions on major life changes like how greatly maternity leave can you afford to take when having a baby. They can also help maintain you on track financially when life throws you curve proms such as redundancy.

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Identify each scenario as an example of expansionary fiscal policy, contractionary fiscal policy, or not an example of fiscal policy.

Answers

According to macroeconomic theory and money supply in the economy, the scenario as an example of expansionary fiscal policy includes "A decrease in taxes."

Other scenarios as an example of expansionary fiscal policy include the following:

An increase in government spending;An increase in corporate bonds purchased;An increase in the money supply;

Expansionary fiscal policy is a type of policy designed to increase the money supply in the economy.

On the other hand, examples of contractionary fiscal policy include the following:

A decrease in government spending;A decrease in transfer payments to dampen economic activity;An increase in taxes;A decrease in the money supply;

Contractionary fiscal policy is a type of policy designed to decrease the money supply in the economy.

However, the scenarios which are considered as not examples of fiscal policy include the following:

A decrease in the unemployment rate;

Hence, in this case, it is concluded that fiscal policy used by the government can either be expansionary or contractionary.

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The primary goal of a(n) ________ presentation strategy is to influence the prospect's beliefs, attitudes, or behavior and to encourage buyer action.

Answers

The goal that can be associated with persuasive presentation strategy is be able to change the prospect's beliefs as well as attitudes of buyer action.

Persuasive presentation strategy can be regarded as strategy use to make more sales.

This strategy is used in influencing the potential buyers so they can make purchase, it encourages them and change their beliefs.

Therefore, persuasive presentation strategy is the correct term.

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Which of the following is NOT a possible tax or deduction that could be withdrawn from your paycheck?

Answers

Government often deduct tax from income of the people. The option that is not a possible tax or deduction that could be withdrawn from your paycheck is Sales tax.

A sales tax is simply known as a tax paid to body (Government/set up body)for the sales of specific goods and services.

The law gives seller the right to collect funds for the tax from the consumer at the point of purchase.

It is a tax that  is placed on goods or services that is paid to a governing body directly by a consumer.

See full question below

Which of the following is NOT a possible tax or deduction that could show up on your paycheck?

Answer choices

State income tax Contributions to retirement savings FICA Sales tax

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Answer:

sale tax

Explanation:

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