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

Question

Quizplus · Accepted Answer

Ratio analysis is a financial tool used by managers to evaluate the financial performance and risks of their company. It involves calculating and interpreting various ratios such as liquidity ratios, profitability ratios, and debt ratios to assess the strengths and weaknesses of the company's financial position. CAD/CAM and value stream mapping are not financial management tools, while capital budgeting is a related but separate tool used for investment decisions.

Which of the Following Is a Mathematical Tool Financial Managers