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What is the most important ingredient in developing a firm's financial plan?
Wiki User
∙ 11y ago
A forecast of sales revenues.
Wiki User
∙ 11y ago
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Why ratios is calculated?
To see the Firms Financial position Firms Performance Trend analysis
Why is financial management important even if it is not in your line of work?
Financial Management deals with acquisition of funds for investment purposes and its wisely allocation of that funds. It is important to know Financial Management because we are involved in the process of making decision on Financial Planning,Control and Decision making in our firms as Managers.So we need to have knowledge of Financial Management for assisting us being best managers.
What is the purpose of balance sheet?
The purpose of a firms balance sheet is to give you some insight into the financial health of the firm. By listing all their assets and liabilities this allows current/potential investors to see how the firm is doing, how they are in terms of meeting their debt obligations, the amount of leverage in the firm. As well the firms balance sheet is very useful to help calculate financial ratios, and to perform forecasts. The important thing to keep in mind is that while the firms balance sheet is part of their annual financial statements it must be considered in combination with many other documents such as the notes and the income statement to give you a complete picture of the firms situation.
Where is the closest financial advisor?
The closest financial advisors are located in any accounting firm. Some these firms are Ameriprise Financial, Merrill Lynch, Pershing and there are a few others.
Which financial ratio is the best measure of the operating effectiveness of a firms management?
current ratio
Why ratios is calculated?
To see the Firms Financial position Firms Performance Trend analysis
What are financial centers?
usually,,banks and brokerage firms are considered financial centers
Why is financial management important even if it is not in your line of work?
Financial Management deals with acquisition of funds for investment purposes and its wisely allocation of that funds. It is important to know Financial Management because we are involved in the process of making decision on Financial Planning,Control and Decision making in our firms as Managers.So we need to have knowledge of Financial Management for assisting us being best managers.
Who is a polluter?
poor households, informal sector firms small and medium-size firms from the formal sector exporters in developing countries
What does a bookkeeping clerk do?
keeps up with a firms financial records
What are the significance of taking financial decisions in firms?
. Explain the significance of making financial decision by corporate organizations
What do naming firms charge for developing USAN-INN names?
$35,000 is standard
Is the importance of financial managers to firms with large cash inflows greater than for firms with smaller cash flows?
true
Who are the actors in monetary policy?
• Central Banks • Financial Institutions (intermediaries, financial markets) • Lender-Savers (firms, government, households, foreigners) • Borrower-Spenders (firms, government, households, foreigners)
What is the purpose of farm management firms?
to establish output goals, determine financial constraints, and monitor production and marketing. Farm management firms often handle the financial business of client farms
If a firms fixed financial costs decrease the firms operating breakeven point will do what?
decrease <--------WRONG!!!!! The operating breakeven point will remain unchanged.
Which financial firms offer insurance in case one is made unemployed?
Some financial firms that offer insurance in case one is unemployed include AAMI, iSelect and ANZ. This is known as Income Protection Insurance (IPI).
