Explain how a financial asset and a financial liability are, Financial Management

Explain how a financial asset and a financial liability are

1. Explain how a financial asset and a financial liability are created.

2. How would you use present and future values (of lump sums and annuities) in your personal life? Give a couple of examples in your answer.

3. Use the data below to compute Break - Even in sales units and sales dollars.

i) Selling Price: $13.50 per Unit; Variable Cost: $7.25 per Unit; Fixed Cost: $10000.

a. units:

b. dollars:

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Financial Management: Explain how a financial asset and a financial liability are

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Financial Management: Explain how a financial asset and a financial liability are

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