Solved

Reference: 12-10
Harstin Corporation Has Provided the Following Data -A Segment of a Business Responsible for Both Revenues and

Question 8

Multiple Choice

Reference: 12-10
Harstin Corporation has provided the following data:  Sales $625,000 Gross margin 70,000 Net operating income 50,000 Stockholders’ equity 90,000 Average operating assets 250,000 Residual income 20,000\begin{array} { | l | r | } \hline \text { Sales } & \$ 625,000 \\\hline \text { Gross margin } & 70,000 \\\hline \text { Net operating income } & 50,000 \\\hline \text { Stockholders' equity } & 90,000 \\\hline \text { Average operating assets } & 250,000 \\\hline \text { Residual income } & 20,000 \\\hline\end{array}
-A segment of a business responsible for both revenues and expenses would be called:


A) a motivation centre.
B) a profit centre.
C) an investment centre.
D) a cost centre.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions