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Why is it important for managers to be familiar with time value of money concepts?
Wiki User
∙ 12y ago
The fact that a dollar to be received next week is worth less than a dollar to be received today is important in finance because the value of a business firm is, fundamentally, the sum of the values today of all the dollars expected to be received by the business firm in the future.
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What is the foundemental concepts of accountincy?
The basic concepts of accounting include: Cost, Money Measurement, Entity, Assets Liabilities, etc.
Who is the patron saint of money for people?
There is no patron saint of money. St. Matthew is the patron siant of money managers or accountants.
What is the abstract noun for money?
There is no verb form of money, and no abstract noun form. There are related abstract concepts such as value, worth, commerce, and wealth.
What is client funds?
Money managers who invest and manage other peoples money are investing their "client's funds" or money. From a bank's perspective, all the money that the bank's clients deposit in the bank are "client funds".
How do money managers like Fisher Capital Investments Management make money ficom?
They base their fees on a percentage of clients' assets under management.
In what field of business are money managers normally employed?
Money managers are normally employed in the field of business known as trading. Money managers manage their money using investment, budgeting, banking, and taxes.
Why is it important to forecast the future of the cycle of business activity?
Managers use forecasting so that they are better prepared for ebbs and flows of their business. With more information about business cycles, managers will not waste money.
Why is engineering important in university?
How else are people going to make money as well as applying mathematical concepts in everyday life
Why is it important for business managers to understand the information found on financial reports?
Business managers must understand financial reports so that they can correct any problems in production. If they don't understand, they could potentially lose money during production.
Who are the top British money managers?
RObert Hill
Why do managers split their firms stock?
To raise money.
Who is the saint of money?
There is no patron saint of money. St. Matthew is the patron siant of money managers or accountants.
How much money do Kmart managers make?
1 Cent
What is the foundemental concepts of accountincy?
The basic concepts of accounting include: Cost, Money Measurement, Entity, Assets Liabilities, etc.
Why do bands need managers?
So bands can get on with their main job - making music - while their managers get on with their main job - making money.
Who is the patron saint of money for people?
There is no patron saint of money. St. Matthew is the patron siant of money managers or accountants.
Why money is important than love?
I personally believe that love is more important than money. However, everyone is different, and therefore have different beliefs on this topic. The way a person was brought up and raised will most likely effect their personality and ultimately relationship with others, so they may go on to believe that money is more important, because that is what they have become conditioned to and it is what they're familiar with.
