Ask Question
BusinessBusiness
2 June, 02:03

What is finance? Explain how this field affects all the activities in which businesses engage.

+3
Answers (1)
  1. 2 June, 05:04
    0
    Answer and explanation:

    Finance is the study of banking, leverage, credit, capital markets, money, and investments along with how they are used by individuals and companies. Many of the basic concepts in Finance come from Micro and Macroeconomic theories. One of the most fundamental theories is the time-value of money which essentially states that a dollar today is worth more than a dollar in the future.

    When it comes to businesses, finance plays a key role because it determines how the project will be carried out in terms of money. Investors must come up with a plan not only for the expenditures incurred due to business activities but also to make a profit so the firm will have sustainability.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is finance? Explain how this field affects all the activities in which businesses engage. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Zoum Corporation had the following transactions during 2017: 1. Issued $250,000 of par value common stock for cash. 2. Recorded and paid wages expense of $120,000. 3. Acquired land by issuing common stock of par value $100,000. 4.
Answers (1)
Nikko Corp.'s total common equity at the end of last year was $305,000 and its net income after taxes was $60,000. What was its ROE? a. 16.87% b. 17.75% c. 18.69% d. 19.67% e. 20.66%
Answers (1)
The total cost of health care in the United States is often expressed as a percentage of the country's gross domestic product (GDP). The GDP represents what percentage of the country's income for all goods and services?
Answers (1)
Robert bought 10 shares of Apex Company for $18 each and later sold all of them at $17 each. This transaction resulted in what type of event? A. Capital Profit B. Capital loss C. Capital gain D. Capital win
Answers (2)
A small software firm has formed a cooperative strategic alliance with a start-up company to develop the start-up's product, an app for smartphones.
Answers (1)
New Questions in Business
One should not include links to other social media platforms on a profile page on twitter.
Answers (1)
Which is not an example of effective usage and interpretation of verbal messages? a. responding with a courteous call to a rude message left on an answering machine or voice mail b. asking a group member for assistance with a project c.
Answers (1)
Constant Dividend Growth Valuation Boehm Incorporated is expected to pay a $3.00 per share dividend at the end of this year (i. e., D1 = $3.00). The dividend is expected to grow at a constant rate of 4% a year.
Answers (1)
Advertisements for high-style clothing and cosmetics usually promise that their products will enhance the consumer's exclusive or distinctive character and set him or her apart from others. This is an appeal to which American core value?
Answers (1)
The pre-tax cost of debt for a firm: is based on the yield to maturity on the firm's outstanding bonds. is equal to the coupon rate for the latest bond issue. is equivalent to the current yield on the outstanding bonds of the firm.
Answers (1)
Home » Business » What is finance? Explain how this field affects all the activities in which businesses engage.
Sign Up Forgot Password?