Author Question: Which of the following is the responsibility of a finance manager? A) processing purchase orders ... (Read 63 times)

Beheh · **on:** Jul 10, 2018

Which of the following is the responsibility of a finance manager?

A) processing purchase orders and invoices
B) ensuring accounts payable are paid on time
C) preparing the monthly income statement
D) analyzing the capital needs of the firm

Question 2

What is the rate of return on an investment of 124,090 if the company expects to receive 10,000 per year for the next 30 years?

A) 7 percent
B) 4 percent
C) 6 percent
D) 5.5 percent