Explain how, as a financial manager, you would use financial ratios in daily operations to ensure the success of the organization. (1 Paragraph)
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- Explain how, as a financial manager, you would use financial ratios in daily operations to ensure the success of the organization.Think of a business or organization that you would like to work with. 1. Explain how, as a financial manager, you would use financial ratios in daily operations to ensure the success of the organization.Explain how a financial manager may use financial ratios to analyse the financial performance of a business
- Recommend ways in which your company may utilize anticipated financial statements and other metrics of business success to analyze its operations and procedures.Briefly explain the overall objective of a financial manager. Include in your response any one of the three fundamental decisions a financial manager would be faced with. You may want to refer to the fundamental accounting equation in your response.In analysis earnings quality. Earnings quality refers to the reliability of the financial statements presented and whether it reflects the current business environment.Required:In 300 words, discuss the determinants of earnings quality
- Organizational charts _____. A. list the salaries of all employees B. outline the strategic goals of the organization C. show the structure of an organization D. help management measure financial performanceDescribe the following stakeholders’ objectives and what a financial managerneeds to be mindful of when considering their influence on the business.1. Long-term credit providersWhat is the importance of quantifying plan? TRUE or FALSE 1. Long-term financial plans are goals that lay out the overall direction of the company.2. For corporations, the management must establish a mechanism which will allow plans to be monitored and change from time to time.
- In discussing a firm's latest financial statements, a manager says that it is the "results on the bottom line" that really count. What does the manager mean?Which statement is correct: Select one: a. Management accounting’s focus and emphasis is on past-oriented reports. b. The purpose of financial information in management accounting is to communicate organization's financial position to investors, banks, regulators, and suppliers. c. All statements are correct. d. Management accounting focuses on measuring, analyzing, and reporting financial and nonfinancial information to help managers estimate future revenue, costs, and other measures to forecast activities and formulate strategies to increase the competitive advantage of the organization. e. In management accounting, rules of measurement reporting require financial statements, e.g. prepared for the budgeting purpose, to be prepared in accordance of GaAAP.The financial manager of a firm plays an important role in the company's goals, policies and financial success. Explain the major roles of the financial manager and how they are related. ( 12)