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What 3 fundamental decisions that are of concern to the finance team What is the impact of these on the balance sheet?
The finance team typically focuses on three fundamental decisions: capital structure, investment decisions, and working capital management. The capital structure decision affects the balance sheet by determining the mix of debt and equity financing, impacting liabilities and shareholders' equity. Investment decisions influence asset allocation, potentially increasing fixed or current assets, while working capital management decisions directly affect current assets and current liabilities, influencing liquidity ratios. Each of these decisions plays a critical role in shaping the overall financial health and stability reflected in the balance sheet.
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Calculate the average daily balance and finance charge?
Calculate the average balance and finance charge
Who makes the economic decisions of India?
The economic decisions of India are made by the Ministry of Finance. The Ministry of Finance makes crucial decisions regarding taxation, import quotas and the formation of economic policies.
When was Public Finance Balance of Smoking in the Czech Republic created?
Public Finance Balance of Smoking in the Czech Republic was created in 2001.
Who makes the economic decisions for Germany?
Ministry of Finance
Calculate the finance charge on a credit card balance of 3299.19 at a monthly rate of 1.2.?
To calculate the finance charge, multiply the credit card balance by the monthly interest rate. For a balance of $3,299.19 at a monthly rate of 1.2% (0.012), the finance charge is: Finance Charge = $3,299.19 × 0.012 = $39.59. Therefore, the finance charge for that month is approximately $39.59.
What is a finance charge?
A finance charge is interest charged by a lender on the unpaid balance of a loan.
What is finance charge?
A finance charge is interest charged by a lender on the unpaid balance of a loan.
What is the defference between accounts manager and finance manager?
Its same as Accounts and Finance As a role of Accounts manager one should look for Accounting prospects of any concern. Like Day to day working, data entry, preparation of Ledge, Expense. As a role of Finance manager one should take decision on day to day work like how much the expenses should be and how to invest and how to process, where to get money and all that. As a comparative analysis, Finance Manager take Financial decisions of any concerns and Accounts manager look for the proper accounting for those decisions. Finance manager role is more challenging than Accounts manager
Where do finance leases go on the balance sheet?
Finance lease is shown as an asset in asset side of balance sheet as well as shown as a liability under long term liability section of balance sheet.
What methods has the highest finance charge?
Charging the previous balance
Monique's previous credit card balance is 199.26 and she has a monthly finance charge of 1.5 How much will the credit card company assess in finance charges on this balance?
$2.99
What is the journal entry for this transaction Added 460 to mendosa customer balance for finance charges on unpaid balances?
debit finance charges 460credit balance payable 460
