The key role of the financial manager is
a. the presentation of financial statements.
b. decision making.
c. the collection of financial data.
d. the preparation of data for future evaluation.
The financial manager is interested in the cash inflows and outflows of the firm, rather than the accounting data, in order to ensure
a. the ability to pay dividends.
b. the ability to acquire new assets.
c. profitability.
d. solvency.
The most common components of cash receipts are
a. accrual collections, cash sales, and interest income.
b. cash sales, receivable collections, and miscellaneous receipts.
c. retained earnings, dividends, and cash sales.
d. dividend income, cash sales, and accounts payable.
a. the presentation of financial statements.
b. decision making.
c. the collection of financial data.
d. the preparation of data for future evaluation.
The financial manager is interested in the cash inflows and outflows of the firm, rather than the accounting data, in order to ensure
a. the ability to pay dividends.
b. the ability to acquire new assets.
c. profitability.
d. solvency.
The most common components of cash receipts are
a. accrual collections, cash sales, and interest income.
b. cash sales, receivable collections, and miscellaneous receipts.
c. retained earnings, dividends, and cash sales.
d. dividend income, cash sales, and accounts payable.