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Financial Capital

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14y ago

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Why are costs profit and revenue important?

Revenue is important because it is the money that comes into the business and the business will be able to use it on any possible equipment or resources that are needed. Profit is important because it is the money the business has after deducting all the costs. The business will be able to spend this money on any equipment or resources that are needed. Costs is important because it helps the business see how much money this business will have after payng for all the costs.


Role of finance in an economy?

The role of money in an economy is very critical as money serves as the backbone of the economy. The economy is actually measured using the monetary value of a nation's currency and money is the main medium of exchange in all type of trade.


Why is the four M'S of production necessary in achieving successful business?

The four M's of production—Men, Materials, Machines, and Money—are essential for successful business operations as they represent the critical resources needed for production. Skilled labor (Men) ensures efficient operations, while quality materials (Materials) are necessary for creating products. Machines facilitate increased productivity and efficiency, and adequate funding (Money) supports all aspects of production. Together, these elements enable businesses to optimize their processes, meet market demand, and achieve profitability.


Farmers decired cheap money or soft money?

enable them to pay back their loans more easily


What is objective in business?

A business' objective is to make money. They are in business to make money for their stockholders. They sell products and services to maximize their profits.

Related Questions

What is the money needed to start a business called?

The money needed to start a business is called "capital".


Why is leadership needed in business?

You need good leadership in business so that the business makes money.


Is money needed to open operate and expand a business?

capitol


What is the of a capital?

the money needed to be fund the daily activity of a business


What is pre-opening and working capital?

Pre-opening capital is money needed to start a business. Working capital is the money needed to keep a business running. Working capital, hopefully, is gained through the operation of the business as profit.


What is pre opening and working capital?

Pre-opening capital is money needed to start a business. Working capital is the money needed to keep a business running. Working capital, hopefully, is gained through the operation of the business as profit.


What is the definition of a capital?

the money needed to be fund the daily activity of a business


Why are costs profit and revenue important?

Revenue is important because it is the money that comes into the business and the business will be able to use it on any possible equipment or resources that are needed. Profit is important because it is the money the business has after deducting all the costs. The business will be able to spend this money on any equipment or resources that are needed. Costs is important because it helps the business see how much money this business will have after payng for all the costs.


What is money needed to run a business called?

Its called cashh moneeyyy booo


How much money is needed to start a small repo business?

alot but not to to much


What is the money equipment labor etc. needed to run a business called?

Capital


What does business and society do for people?

A business offers a service. When society exists with businesses, the business can hire people to earn money. People are needed in business so that the business can make money to pay employees. Society needs businesses to purchase goods.