Reference no: EM13747308
Summarize the role of management as it relates to finance in a corporation. In your post address the following:
-Indicate the various aspects of finance that management must understand
-Describe why a manager needs to understand the characteristics and importance of financial markets including risk and efficiency.
-Describle why cas flow is more important than sales in a business
-Discuss what could happen if management does not fufill responsibilities related to finance. If you have one, share a real world example from your own professional experience or from an external source.
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Calculate the degree of operating leverage
: Calculate the degree of operating leverage given the following information: sales of $25,000; variable costs $13,000 and operating income of $7,000 for year one, and sales of $40,000; variable costs of $15,000; and operating income of $16,000 for yea..
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Comprehensive income and net income
: On January 1, 2014, Richards Inc. had cash and common stock of $62,150. At that date, the company had no other asset, liability, or equity balances. On January 2, 2014, it purchased for cash $20,810 of equity securities that it classified as availabl..
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Charged to maintenance and repairs expense
: Portman Corporation has retained earnings of $693,600 at January 1, 2014. Net income during 2014 was $1,491,000, and cash dividends declared and paid during 2014 totaled $83,700. Prepare a retained earnings statement for the year ended December 31, 2..
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Prepare a presentation for pegasus
: Prepare a presentation for Pegasus'' senior management team, focusing on anticipated employee reactions to organizational change (including the possibility of layoffs).
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Summarize the role of management
: Summarize the role of management as it relates to finance in a corporation. In your post address the following:
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Cumulative effect of changing the estimated bad debt rate
: Vandross Company has recorded bad debt expense in the past at a rate of 1.5% of net sales. In 2014, Vandross decides to increase its estimate to 2%. If the new rate had been used in prior years, cumulative bad debt expense would have been $382,680 in..
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Weighted-average inventory pricing
: During 2014, Williamson Company changed from FIFO to weighted-average inventory pricing. Pretax income in 2013 and 2012 (Williamson’s first year of operations) under FIFO was $178,800 and $195,800, respectively.
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Why is crossing over important in heredity
: Cellular reproduction in Eukaryotes involves either mitosis or, in the case of sex cells, meiosis. Mitosis involves the reproduction of a cell into two identical daughter cells. Why is crossing over important in heredity
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Prepare a condensed multiple-step income statement
: Brisky Corporation had net sales of $2,410,400 and interest revenue of $36,000 during 2014. Expenses for 2014 were cost of goods sold $1,455,100; administrative expenses $215,500; selling expenses $293,200; and interest expense $45,500. Brisky’s tax ..
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