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Ronch [10]
3 years ago
13

Which report is more effective in evaluating the performance of profit centers?

Business
1 answer:
lord [1]3 years ago
4 0

Profit centers use departmental income statements reports for effectively evaluating the performance of profit centers.

<u>Explanation:</u>

The success of manager in generating the income or profits are evaluated by a profit center.It uses the income statements reports for the purpose of evaluating the performance of profit center in an effective way. The segment that intakes cost and generates profits is an investment center. They are mainly responsible in the effective utilization of an organisation's asset.

An enterprise determines the performance of a profit center financially in absolute terms. It is the profit potential of the unit that determines the performance Managers. A manager of a highly profitable segment gain more success than the lower one.

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a

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If a corporation pays $3 per share in annual dividends for each of the ten shares you purchase for $50 each what is the ROI
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If a corporation pays $3 per share in annual dividends for each of the ten shares you purchase for $50 each then the ROI is 2$.

<h3>How is ROI calculated?</h3>

An investment's return on investment (ROI) provides a general indication of its profitability. In order to calculate ROI, subtract the investment's initial cost from its final value, divide the result by the cost of the investment, and then multiply the result by 100.

<h3>What Constitutes a Solid ROI?</h3>

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5 0
1 year ago
What role does competition play in business and global trade?
Darya [45]

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Its always a competition

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5 0
3 years ago
Nadell Corporation reported the following data for the month of AprilInventory Beginning Ending Raw Materials $30,000 $32,000 Wo
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COGS= $181,000

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