Answer: The performance evaluation of a profit center is typically based on its segment margin.
Explanation: The segment margin is the amount of net profit or loss that is generated by a set portion of a business. When a business conducts segment margin analysis, they are able to determine which parts of the business are thriving and which parts of the business need help.
Answer:
The solutions is given in the attached figure
Explanation:
The values are calculated using the appropriate formulas in Excel. The formulas are as indicated in the attached figure.
<span>
<span>There
are many different stock markets around the world. However the stock markets
that garner the most attention are the New York Stock Exchange, the Tokyo
Stock Exchange, the London Stock exchange, the Hong Kong Stock Exchange, the
Canadian Stock Exchange and the Australian stock Exchange. The New York Stock
exchange which is arguably the most traded market worldwide opens from
9.30 a.m to 4.00 p.m ET. Stocks can be traded from Monday to Friday between
these hours with the exception of national holidays such as New years day,
MLK Jnr. day and Independence day</span></span>
<span>Suppose that you were born in 1996. Also, suppose that your mother received a $100 baby shower gift at your birth. How much would it cost to buy a similar amount of goods and services in 2014, given that the CPI was 156.9 in 1996 and 236.7 in 2014?</span>
Answer:
52.5 units
Explanation:
Contribution margin per unit:
= (Sales price per unit - variable cost per unit)
= $6,000 - $4,800
= $1,200
Unit sales to attain target profit:
= (Fixed expense + Target profit) ÷ Contribution margin per unit
= ($14,000 + $49,000) ÷ $1,200
= 52.5 units
Hence, 52.5 units are required to earn a profit of $49,000.
