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Explain why judging the efficiency of any financial decision requires the existence of a goal?
Wiki User
∙ 14y ago
Explain why judging the efficiency of any financial decision requires the existence of a goal
Wiki User
∙ 14y ago
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Explain why judging the efficiency of financial decision requires the existence of a goal?
The goal of the firm is wealth maximization so efficient financial management requires the existence of goal or objective. The goal of the firm is earning market per share but we can know about best company by finding it's market share price. It is a reflection of the firm's investment, financing, and asset management decisions.
Why judging the efficiency of any financial decision requires the existence of a goal?
Efficient financial management requires the existence of objective or goal, because judgment as to whether or not a financial decision is efficient must be made in light of some standard. Although various objectives are possible, the goal of the firm is to maximize the wealth of the firm's present owners. Shares of common stock give evidence of ownership in a corporation. Shareholder wealth is represented by the market price per share of the firm's common stock, which, in turn, is a reflection of the firm's investment, financing, and asset management decisions. The idea is that the success of a business decision should be judged by the effect that it ultimately has share price.
What are the minimum VA loan requirements?
The depends on the type of loan. A VA (Veterans Affairs) home loan requires a certificate of eligibility, VA appraisal, and acceptable financial status.
What does the Securities Exchange Act require public companies to do?
The act requires publicly held companies to file annual audited financial statements (on Form 10-K) with the SEC.
Why is a savings account more liquid than a house?
I can easily withdraw the money from a savings account, making it a liquid financial investment. However, I cannot easily get money in my hand from a house. The house is a long term investment, and requires more hoops to jump through to actually receive the financial benefit in my hand.
Explain why judging the efficiency of financial decision requires the existence of a goal?
The goal of the firm is wealth maximization so efficient financial management requires the existence of goal or objective. The goal of the firm is earning market per share but we can know about best company by finding it's market share price. It is a reflection of the firm's investment, financing, and asset management decisions.
Why judging the efficiency of any financial decision requires the existence of a goal?
Efficient financial management requires the existence of objective or goal, because judgment as to whether or not a financial decision is efficient must be made in light of some standard. Although various objectives are possible, the goal of the firm is to maximize the wealth of the firm's present owners. Shares of common stock give evidence of ownership in a corporation. Shareholder wealth is represented by the market price per share of the firm's common stock, which, in turn, is a reflection of the firm's investment, financing, and asset management decisions. The idea is that the success of a business decision should be judged by the effect that it ultimately has share price.
What is the efficiency of a pulley that requires a worker to do 250 j of work to lift an object that requires 170 j or work?
Efficiency = Wout/Win * 100%Efficiency = 170 J/250 J * 100% = 68%
What are non programming decision?
A non-programmed decision that is a unique decision that requires a custom-made solution for a new or complicated problem.
What is the efficiency of a machine that requires 100 joules of input energy to do 35 joules of useful work?
The machine efficiency is 35 percent (35/100).
What is the efficiency of a DC generator that requires 200 lots of energy to supply 160 wats of output power?
A: The efficiency will be as 160/200 x 100= 80%
Why does friction reduce the efficiency of machines?
Friction requires energy to overcome it. This causes loss of energy in the system. Loss of energy in a system, by definition, is a reduction of efficiency.
A general partnership is characterized by which of the following?
Requires collective decision-making.
What is the efficiency of a pulley with two vertical strands if it requires you to exert 440N of force to lift a 175lb box up 3m?
88.6% efficiency using 3 sig figs
Does the full disclosure principle requires that the notes to the financial statements report a change in accounting method for inventory?
The full disclosure principle requires that the notes to the financial statements report a change in accounting method for inventory.
What rules requires transmitting financial institutions to pass along information regarding the transmittal to the next financial institution?
Travel Rule
A mechanical device requires 420 j of work to do 230 j of work in lifting a crate what is the efficiency of the device?
The efficiency is (output energy)/(input energy) = 340/400 = 85%
