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polet [3.4K]
3 years ago
6

A department within an organization that focuses on generating profits is called a(n

Business
1 answer:
Ostrovityanka [42]3 years ago
5 0
<span>A department within an organization that focuses on generating profits is called a <u>profit center.</u> This is pretty self-explanatory: a profit center is there to generate profit for a company or an organization. Cost center deals with paying bills and such, revenue center gains revenue, and sales center deals with sales.</span>
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You are evaluating the balance sheet for PattyCake’s Corporation. From the balance sheet you find the following balances:
goldenfox [79]

Answer:

Explanation:

Current Assets are those asset which will be liquidated within next one year.

cash and marketable securities        $360,000

accounts receivable                           $1,280,000

inventory                                             <u>$2,180,000</u>

Total Current Assets                          <u>$3,820,000</u>

Current Liabilities are those which is payable within next one year.

accrued wages and taxes                   $540,000

accounts payable                                $840,000

notes payable                                      <u>$680,000</u>

Total Current Liabilities                       <u>$2,060,000</u>

Current ratio measures the capability of a business to pay the current liabilities if it becomes due.

Current Ratio = Current Assets / Current Liabilities = $3,820,000 / $2,060,000 = 1.85 times

5 0
3 years ago
At an activity level of 9,200 machine-hours in a month, Nooner Corporation's total variable production engineering cost is $825,
dybincka [34]

Answer:

variable per unit        $  89.72

fixed cost per unit     $  26.5

total unit cost            $  116.22

Explanation:

Variable cost per machine-hour

825,420 / 9,200 = 89.72

This will keep constant at unit level thus, at 9,400 the variable cost will still be 89.72

Now fixed cost: 249,100 / 9,400 output = 26.5

This is the fixed cost per unit considering a 9,400 untis output

Now, we add them to get the total unit cost:

89.72 + 26.5 = 116.22

6 0
3 years ago
Canon was able to redesign the copying machine so that it didn't need professional service—reliability was built directly into t
Studentka2010 [4]

Answer:

architectural innovation

Explanation:

The scenario is describing the term known as architectural innovation. This refers to the innovation of the specific architecture of any product that changes and/or modifies the way the different components of the machine link or relate to each other, thus allowing it to perform new functions or the same functions but in a much more user-friendly manner. This is what Canon did by changing the architecture of the copying machine so that it was more user-friendly for the end consumer.

5 0
3 years ago
Quiz DAFCO
dimaraw [331]

Question Completion:

Show the effects of the transactions on the accounting equation.

Answer:

DAFCO

Jan. 1:

Assets (Bank +Sh800,000) = Liabilities + Equity (Common Stock +Sh800,000)

Assets (Bank -Sh200,000 Cash +Sh200,000) = Liabilities + Equity

Jan. 2:

Assets (Bank -Sh70,000 Inventory +Sh70,000) = Liabilities + Equity

Jan 3:

Assets (Furniture +Sh25,000 Cash -Sh25,000) = Liabilities + Equity

Jan. 3:

Assets (Equipment +Sh75,000) = Liabilities (Accounts payable +Sh75,000) + Equity

Jan. 4:

Assets (Cash +Sh100,000) = Liabilities + Equity (Retained Earnings +Sh100,000)

Jan. 5:

Assets (Inventory +Sh200,000 Bank -Sh200,000) = Liabilities + Equity

Jan. 6:

Assets (Motor Van +Sh210,000 Bank -Sh210,000) = Liabilities + Equity

Jan. 10:

Assets (Bank +Sh500,000) = Liabilities (Bank Loan +Sh500,000) + Equity

Jan. 12:

Assets (Accounts Receivable +Sh75,000) = Liabilities + Equity (Retained Earnings +Sh75,000)

Jan. 16:

Assets (Bank +Sh100,000) = Liabilities + Equity (Retained Earnings +Sh100,000)

Jan. 30:

Assets (Cash -Sh10,000) = Liabilities + Equity (Common Stock -Sh10,000)

Explanation:

The accounting equation indicates that Dafco's assets are equal to its liabilities plus equity.  This equation is the basis of the double-entry system of accounting.  It is always in balance with each transaction whenever the correct postings are made into the correct accounts.

5 0
3 years ago
Cotton was once georgia's most valuable crop. today it is less important to georgias economy than peanuts, tobacco, and corn. th
Shkiper50 [21]
Georgia booming industry in business sector particularly in Atlanta where it is housed as the International headquarters of facilities of 43 different countries.  The industry that gave $23B per capita is the air transport industry. Atlanta dubbed as the busiest airport in the world.
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3 years ago
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