Finance Skills for Managers D076 Study guides, Class notes & Summaries
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Finance Skills for Managers - D076 Questions and Answers Graded A
- Exam (elaborations) • 2 pages • 2023
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Finance Skills for Managers - D076 Questions and Answers Graded A Accounting The system of recording, reporting, and summarizing past financial information and transactions. 
Accounts Receivable Turnover (AR Turnover) An activity ratio found by credit sales divided by accounts receivable. 
Activity Ratios A category of ratios that measure how well a company uses its assets to generate sales or cash, showing the firm's operational efficiency and profitability. 
Additional Funds Needed (AFN) Anot...
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(TEST) Finance Skills for Managers - D076 Questions and Answers Rated A
- Exam (elaborations) • 19 pages • 2023
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(TEST) Finance Skills for Managers - D076 Questions and Answers Rated A 
UNIT 2 
What are the main services offered by financial institutions? Accepting a wide variety of deposits, offering investment products, providing loans, and brokering financial transactions 
(Correct! Financial institutions such as banks, insurance companies, and mutual fund companies provide these services.) 
What is the main objective of personal financial goals? To maximize individual utility 
(Correct! You set goals a...