Final answer:
Typically, financial management and analysis tasks include calculating the cost of acquiring new customers, generating variance reports, and determining the breakeven point, all of which are critical for profit calculation, cost analysis, and financial decision-making. Option A, B, E.
Step-by-step explanation:
Financial management and analysis involve various tasks that help in making informed financial decisions in a business.
Tasks such as calculating the fully loaded cost of acquiring a new customer (A), completing actuals versus budget revenue variance reports for each product (B), and calculating the breakeven point in units (E) are key to understanding the relationship between production and costs, analyzing short-run costs.
Compute change in market share quarter-over-quarter (C) may involve financial data but is more closely associated with marketing analysis, while tracking customer responses to marketing mailers (D) is a marketing function. Only A, B, and E are typically associated with financial management and analysis.
To calculate profits, one must compare total revenue with total cost, which includes understanding the division between fixed and variable costs, and analyzing this information in terms of total, marginal, and average costs.
This understanding contributes to an accurate calculation of average profit and helps determine the shutdown point or whether a firm should continue producing in the short run based on costs and revenue. Option A, B, E.