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2 years ago

Which statement below best describes a profit center?

1 answer:

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Answer: (B) The authority to make decisions affecting the major determinants of profit, including the power to choose its markets and sources of supply and significant control over the amount of invested capital.

Explanation:

The profit center is the type of center in which the authority makes various types of decisions that affect the major profits. It also include the power for choosing the market and the sources.

The profit center is the type of business unit which basically generate the various type of revenue and cost. It is the type of department that generate the income by using the organization resources. The profit center has the significant control on the amount of the invested capital.

Therefore, Option (B) is correct.

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2. Alicia makes the statement that every time she eats chocolate, she gets acne. By ignoring the possibility that there may be a

bixtya [17]

Answer:

a. fallacy that association is causation

Explanation:

Alicia is making an association between chocolate and acne but, there is no proof on Alicia statement There should be a positive correlation between the chocolate eaten by Alicia and the acne to stablish a cause-effect between each variable else, we are doing a simplistic analysis.

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2 years ago

Veronica buys a laptop from a local salesperson, but it turns out to be defective. She tells her friends and relatives about the

katovenus [111]

Answer: A negative referral.

Explanation: Veronica has given a negative report of the laptop she bought from local salesperson to her family and friends therefore a negative referral has been given about the salesperson, which would discourage the family and friends from buying things from that local salesperson in the future.

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2 years ago

When a GEM Manufacturing experienced a slowdown in sales, it laid off the two employees with the poorest attendance. One of the

AveGali [126]

Answer:

the layoffs were instances of employment at will

Explanation:

GEM Manufacturing's defense would most likely be that the layoffs were instances of employment at will.

Employment at will is a situation where a worker may be dismissed by an employer for any reason that may not be illegal and at anytime.

The Employers, in this question for example, terminated the relationship because of slowdown in sales. And this action affected the two employees with poorest attendance.

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2 years ago

Companies. John, Lesa, and Tabir form a limited liability company. John contributes 60 percent of the capital, and Lesa and Tabi

noname [10]

Answer: The profits would be shared equally

Explanation: This is because

Since there was no agreement stating how profits would be divided,then the applicable state Limited Liability Company statute will rule. Most LLC statutes states that if members do not specify how profits are to be divided, they will be divided equally. As long as no operating agreement or LLC statute addressed the particular issue, the partnership law applys which also indicates that profits should be divided equally among the owners of a firm unless it was specified otherwise.

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2 years ago

Sunlight Design Corporation sells glass vases at a wholesale price of $4.50 per unit. The variable cost to manufacture is $1.75

guapka [62]

Answer:

D) 5182 glass vases

Explanation:

Contribution per glass vases:

$4.5 selling price - $ 1.75 variable cost= 2.75

Operating income:

29,000 units x $ 2.75 - $ 8,500 = $71,250 operating income

Target income is to obtain a 20% increase:

71,250 x (1 + 20%) = 85,500 target income:

units needed for target income:

(85,500 target income + 8,500 fixed cost) / 2.75 contribution per unit= 34.181,81

aditional glass vases needed for target income:

34,182 - 29,000 = 5,182

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2 years ago