Which of the following is a mathematical tool financial managers use to assess the financial strengths and weaknesses of their firm?
A)value stream mapping
B)capital budgeting
C)ratio analysis
D)CAD/CAM

Question

Quizplus · Accepted Answer

Ratio analysis is a common mathematical tool used by financial managers to evaluate the financial performance of a firm. It involves calculating and analyzing various financial ratios, such as liquidity ratios, profitability ratios, and solvency ratios, to assess the financial strengths and weaknesses of the company. Option A, value stream mapping, is a tool used in operations management to identify and eliminate inefficiencies in a production process. Option B, capital budgeting, is a financial management tool used to evaluate and select long-term investment projects. Option D, CAD/CAM, is a computer-aided design and computer-aided manufacturing tool used in engineering and manufacturing processes.

Which of the Following Is a Mathematical Tool Financial Managers