Answer:
A. The grocery department of a Walmart Supercenter or Target Superstore
Explanation:
- A profit center is a type of business where the business is expected to make into valuable contributions, a profit center can be treated as a separate business of the company.
- The profits and losses for that center are calculated separately. Examples of profit centers include the store, sales organization, or consulting organization.
Answer:
market penetration
Explanation:
As market is already created but the share of the company needs to be higher.
Answer: The correct answer is "an intermarket spread".
Explanation: This is an example of <u>an intermarket spread</u> swap.
- An intermarket spread swap, is the exchange of 2 bonds within different parts of the same market in order to obtain a higher yield.
The Sarbanes-Oxley Act of 2002 requires the CEO (Chief
Executive Officer) and the CFO (Chief Financial Officer) to personally certify
the accuracy of the financial statement that the company has filed with the
Securities and Exchange Commission as
members of senior management.
Answer: Equipment Cr. $208,831.00
Explanation:
The Asset was purchased at a cost of $208,831.00 and this was reflected in the Equipment account.
When disposing of the Equipment therefore, the Equipment account has to be credited by a total amount corresponding to the same amount which is $208,831.00 to ensure that the asset will be removed from the Equipment account as it is no longer in the company.
