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valina [46]
4 years ago
12

The responsibility report of Keith Parker, the manager of one of the divisions of an auto parts manufacturing company, includes

profits as well as return on investment and residual income. Keith is most likely the manager of a(n) ________
Business
1 answer:
maw [93]4 years ago
7 0

Answer:

Investment Center

Explanation:

The reason is that cost is divided by using behaviors (Variable cost, fixed cost, stepped fixed cost and Semi-variable cost), control (period cost and product cost), responsiblity (cost centre, revenue centre and investment centre), etc.

The benefit of studying costs under the responsibility criteria is that it helps in finding what value the department is generating to company. Cost centres are the cost incurring centres like production, wharehouse, accounting department, internal audit department, etc. The revenue department is more inclined towards increasing the revenue of the company which is the task of selling and distribution department. Likewise the investment department is the broader name of revenue and cost departments because it considers the revenue coming from an business unit and its associated costs are also considered. This responsibility department is the top management of the company who assesses its performance on this basis.

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A regional airline owns 10 aircraft and employs 20 pilots. The airline makes an average of three trips per day with each of its
marishachu [46]

Answer:

a short-run decision because the number of aircraft is held constant while the labor input is changed.

Explanation:

In the short run, at least one variable or factor of production is fixed and cannot be changed. In the long run, all factors of production can be changed.

In this case, the number of aircraft is the fixed factor of production (capital) while labor is variable because more pilots can be hired. Regulation state that pilots must rest a certain amount of time in between flights, so if you want to increase the amount of flights you need to hire more pilots and cabin crews since regulations do not require planes to rest.

6 0
3 years ago
Ken pays $4803.60 for a 3-year annuity of $2,000 per year. What is the Internal Rate of Return?
Veseljchak [2.6K]

Answer:

the internal rate of return is 12%

Explanation:

The computation of the internal rate of return is shown below:

Year         Particulars                   Amount  

0               Initial cost                   -$4,803.6  (C2)

1           Year 1 cash inflows          $2,000  (C3)

2          Year 2 cash inflows         $2,000  (C4)

3           Year 3 cash inflows        $2,000  (C5)

IRR                                                      12.00%

Use this below formula

=IRR(C2:C5)

Hence, the internal rate of return is 12%

5 0
3 years ago
S&L Financial buys and sells securities expecting to earn profits on short-term differences in price. On December 27, 2018,
baherus [9]

Answer:

2018-unrealized loss of $2,000

2019 -gain on sale of investments of $8,500

Explanation:

As at December 31st 2018,the amount S& L would include in its pretax income as a result of the bond investment is the difference between the purchase of the bond of $875,000 and the fair value of the investment at year end of $873,000,effectively that gives an unrealized loss of $2,000($873,000-$875,000)

However, in the year 2019 ,the amount to be included in pretax amount in respect of the bond is the difference between the fair value in 2018 and the proceeds from the sale of investment of $881,500 i.e a gain of $8,500($881,500-$873,000)

5 0
3 years ago
When consumers respond in a similar way to a given set of marketing​ efforts, they can be referred to as​ a(n) _________?
Iteru [2.4K]
The answer is, "they can be referred to as a market segment".

A market segment refers to a gathering or group of individuals who share at least one basic attributes, lumped together to market purposes. Each market section is one of a kind, and advertisers utilize different criteria to make an objective market for their item or services.
6 0
3 years ago
Read 2 more answers
As the business grows:
tamaranim1 [39]

Answer:

As the business grows: salaries and wages will go up as output increases

Explanation:

If a business tends to grow the salaries of the workers will go up and wages will increase too because now there s more output compared to when the business started and you will have to probably hire more workers or pay for overtime.

3 0
3 years ago
Read 2 more answers
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