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Volgvan
2 years ago
5

Determine for which type of financial responsibility centers the following managers are most likely responsible.

Business
1 answer:
AlladinOne [14]2 years ago
7 0

An investment center is a business unit of a company that utilizes the firm's capital to invest in capital assets for generating returns that contribute to increasing the company's overall profitability.

<h3>What is meant by investment center?</h3>

An investment center is a center that is responsible for its own revenues, expenses, and assets and manages its own financial statements which are typically a balance sheet and an income statement.

<h3>What is the objective of investment center?</h3>

Investment center is a standalone business segment accountable for its own assets, expenses and revenues. The objective of an investment center is to use capital employed to contribute to the profitability of its parent company.

To learn more about investment center, refer

brainly.com/question/24297582

#SPJ4

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4 years ago
Careers that have 6 letters
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Explanation:

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3 years ago
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What would a risk be based on the following information: Marty is 60 percent certain that he can get the facility needed for $45
snow_lady [41]

Answer:

Marty is 60 percent  sure  that he can save the project the amount of $7,000 which means that the  amount of $4,200 will tend to depict  the 60 percent certainty Amount  of the savings

Explanation:

What would the risk be based on the information given in a situation where he is 60 percent sure that he can get the facility needed for the amounts of $45,000 in which the amount is lower that the amount of $7000 that was planned for is that Marty is 60 percent  sure that he can save the project the amount of $7,000 which means that the amount of $4,200 which is simply calculated as (60%*$7,000) will tend to depict the 60 percent certainty Amount  of the savings.

5 0
3 years ago
Which of these is not considered for deduction of federal income tax?
Lina20 [59]

Answer:

A. interest earned from state bonds

Explanation:

Since this is about the federal level tax, and the bonds in the statement are state bonds, they are <u>not taxable at federal level</u>. Everything mentioned in other examples (prizes, awards, commisions...) is taxable, no matter if it goes into earned or non-earned income.

However, these bonds can be taxable at state level, but that is irrelevant for this question.

7 0
4 years ago
Appalachian Ski Shop signs a three-month note payable to help finance increases in inventory for the winter ski season. The note
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Answer:

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Explanation:

Based on the information given the appropiate adjusting journal entry to be made on December 31, 2022 for the interest expense accrued to that date, If we assumed that no journal entries have been made previously to accrue interest is:

December 31, 2022

Dr Interest Expense $696

Cr Interest Payable $696

($34800*8%*3/12)

(To record interest expense accrued)

3 0
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