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EACH QUESTION MUST BE Minimum of 450-500 words in length and properly sourced.
List the questions answered
Question 1:
Examine the different roles that a manager plays in the financial success of a business.
- Include in your response an explanation of the different forms of business organizations and provide a benefit of each type for maximizing profits.
- Include in your response an explanation of the different types of financial statements. Define in detail
- Explain the relationship of managerial finance to economics and accounting
- Discuss the relationship between stockholders/shareholders, bondholders, and the financial manager.
Question 2:
What is the common accounting equation that reflects the relationship among liabilities, owner’s equity, and assets? Define each
Exercise:
Place each one in the proper order so that the equation from above equals: (show your work)
| Cash | | 89,000 |
| Accounts Payable | | 25,000 |
| Buildings | | 1,000,000 |
| Mortgage Payable | | 250,000 |
| Retained Earnings | | 837,000 |
| Payroll Taxes due | | 9,000 |
| Patient receivables | | 55,000 |
| Accounts payable: Supplies | | 23,000 |
What is the difference between an expense and a cost
