A segment of a business responsible for both revenues and expenses would be called:
A. a cost center.
B. residual income.
C. an investment center.
D. a profit center.
Answer: D
You might also like to view...
To relate one thought to another, what writing technique should be used?
A) Topic sentences B) Unified paragraphs C) Transitions D) Complex sentences E) Bullet points
When appropriate, the optimal solution to a maximization linear programming problem can be found by graphing the feasible region and
A) finding the profit at every corner point of the feasible region to see which one gives the highest value. B) moving the isoprofit lines towards the origin in a parallel fashion until the last point in the feasible region is encountered. C) locating the point that is highest on the graph. D) None of the above E) All of the above
Your bank account pays an 8% nominal rate of interest. The interest is compounded quarterly. Which of the following statements is CORRECT?
A. The periodic rate of interest is 2% and the effective rate of interest is 4%. B. The periodic rate of interest is 8% and the effective rate of interest is greater than 8%. C. The periodic rate of interest is 4% and the effective rate of interest is less than 8%. D. The periodic rate of interest is 2% and the effective rate of interest is greater than 8%. E. The periodic rate of interest is 8% and the effective rate of interest is also 8%.
The current indirect exchange rate is 12 pesos per dollar. The cash inflow in pesos is 100,000 in two years and the discount rate is 10%
During this time, the anticipated annual inflation rate is 6% in the United States and 14% in Mexico. What is the present value of the 100,000 pesos in U.S. dollars after conversion from pesos to dollars if you are using current and forward exchange rates? A) $5,984.35 B) $5,954.36 C) $5,924.46 D) $5,936.54