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Elenna [48]
2 years ago
11

The manager of a(n)_____center has control over both costs and revenues, but not over the use of funds

Business
1 answer:
anastassius [24]2 years ago
8 0

The manager of a profit center has control over both costs and revenues, but not over the use of funds.

A profit center's manager controls cost and income but not how investment funds are used. They help management make decisions on how to allocate funds, come up with plans for underperforming units, etc. They aid in financial control by making it easier to spot differences between planned and actual spending.

<h3>What does a profit center manager do?</h3>

In a profit center, the manager is in charge of the subunit's revenue production. Additionally, they are in charge of the costs and expenditures made by the component as part of regular company operations. Therefore, the profit of the subunit is the responsibility of the manager of a profit center.

A profit center manager is responsible for both sales and outlays expenses, and consequently for profits. This means that the manager is responsible for overseeing the cost-generating activities while pushing the sales revenue-generating activities that result in cash inflows.

Learn more about Profit Center Manager here:

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You might be interested in
Which of the following is NOT a factor in preparing to be the best professional possible?
bija089 [108]

Answer:

a) signing the most lucrative contract you can upon graduation

Explanation:

A best professional should be deal with a person who earned from their professional activity. It is always be in benefit of a public interest and the society at a whole

Here in the given situation, the option B, C and D denotes the best professional but option A is not a factor as you cant get the lucrative contract when you are on graduation level

Therefore the same is to be considered

5 0
3 years ago
Casey Motors recently reported net income of $148 million. The firm's tax rate was 40.0% and interest expense was $46 million. T
HACTEHA [7]

Answer:

$61,640,000

Explanation:

Earning before tax:

= Net income ÷ 60%

= $148,000,000 ÷ 60%

= $246,666,667

EBIT:

= Earning before tax + Interest expense

= $246,666,667 + $46,000,000

= $292,666,667

EVA:

= EBIT(1 - t) - (Capital employed × cost of capital)

= $292,666,667(1 - 0.4) - ($1,036,000,000 × 11%)

= $175,600,000 - 113,960,000

= $61,640,000

3 0
3 years ago
Machine A has an initial cost of $6,000 with total annual maintenance costs of $750. Machine B has an initial cost of $8,500 wit
ryzh [129]

When the initial cost of Machine A is $6,000 and that of Machine B is $8,500, then both the machines will have the same current value at the end of 10 years.

<h3>What is the meaning of current value?</h3>

The present market value of an asset that prevails in the market is known as the current value of an asset. Using the given conditions, the current value will be the same as computed under,

\rm Cost\ of\ Machine\ A\ + Maintenance\ Cost(Interest\ Rate)= Cost\ of\ Machine\ B\ +Maintenance\ Cost(Interest\ Rate)

Putting the given value and solving further we get,

\rm Current\ Value\ x\ 7.25\ x\ 10\% = \dfrac{2500}{345}\\\\\rm Current Value= 10

Hence, the significance of current value is aforementioned.

Learn more about current value here:

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5 0
2 years ago
HELPPPPPPP
GenaCL600 [577]

The information given regarding the marginal revenue is illustrated below.

<h3>How to illustrate the information?</h3>

Marginal revenue is the increase in revenue that results from the sale of one additional unit of output.

While marginal revenue can remain constant over a certain level of output, it follows from the law of diminishing returns and will slow down when the output level increases.

Here, the price effect dominates the quantity effect so he cannot increase the production from 7 units to 8 units.

Learn more about marginal revenue on:

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3 0
2 years ago
As one builds higher, building costs ____, while warehousing equipment costs tend to ____. Group of answer choices Increase; dec
Misha Larkins [42]

Answer:

The correct answer is the second option: Decrease; Increase.  

Explanation:

To begin with, in the construction area the managers understand that when the company starts to build higher the building costs decrease due to the fact that is now working with bigger numbers so that means that the volumen of equipment, materials and commodities are high enough to decrease the costs due to the volumen managed, meanwhile the warehousing equipment costs tend to increase due to the same reason as before, now the company is working with bigger numbers so that means more equipment, materials and commodities to put in bigger warehouse and for more time.

7 0
4 years ago
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