contestada

An investment banker has recommended a $100,000 portfolio containing assets B, D, and F. $20,000 will be invested in asset B, with a return of 15 percent; $50,000 will be invested in asset D, with a return of 20 percent; and $30,000 will be invested in asset F, with a return of 5 percent. The return on the portfolio is

Respuesta :

The return on portfolio, unable to determine because the information provided is insufficient.

What is Financial Management?

  • Financial management is fundamentally the process of creating a business plan and ensuring that it is followed by all departments. A long-term vision may be created with the help of data that the CFO or VP of finance can supply.
  • This data also helps with investment decisions and provides information on how to finance those investments as well as liquidity, profitability, cash runway, and other factors.
  • These objectives can be accomplished by finance teams using ERP software: Accounting, fixed-asset management, revenue recognition, and payment processing are just a few of the financial tasks that are combined in a financial management system.
  • A financial management system ensures real-time visibility into the company's financial situation while streamlining daily operations, such as period-end close procedures.

Know more about Financial Management with the help of the following link:

https://brainly.com/question/27559649?referrer=searchResults

#SPJ4

Otras preguntas