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3 years ago

Which of the following statements is correct about the connection between cost centers and revenue?

Business

1 answer:

Mazyrski [523]3 years ago

8 0

Answer:

B) Cost centers do not directly generate revenue from customers, but they may have an impact on revenue through customer satisfaction and overall quality.

Explanation:

Cost Centers are functions where costs are accumulated.

Cost centers do not generate revenue, but they do have impact on revenue since price determination lies on the cost if the company is to make profit.

Costs also determine the quality of the final product to customer and the satisfaction there-off - which are vital for driving revenue.

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The population of the world in 1987 was 5 billion and the relative growth rate was estimated at 2 percent per year. assuming tha

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A = Pe^(rt)
<span>A = 5e^(0.02)(8) = 5.87 billion </span>

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3 years ago

Which of the following is not required to prove innocent representation?

g100num [7]

Answer:

I think it is C

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3 years ago

How supply and demand work together to reach the equilibrium price in the marketplace? Please give at least a paragraph. Thank y

grandymaker [24]

Answer

Before I answer this question, you must note that the equilibrium price is created by both the amount supplied of a certain product as well as how much "customers" there are (or the amount that is bought in all). This however, is usually not taking account any potential competitors.

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3 years ago

Read 2 more answers

Hillsong Inc. manufactures snowsuits. Hillsong is considering purchasing a new sewing machine at a cost of $2.45 million. Its ex

maw [93]

Answer:

NPV = 37,599 Negative

Explanation:

We can calculate the NPV of the new sewing machine by deducting the Present value of future cash inflows by Investment

Initial investment = Machine cost + Training cost - Salvage value

Initial investment = 2,450,000 + 85,000 - 250,000

Initial investment = 2,285,000

Year DF(9%) Present Value

1 Cash inflow 390,000 x 0.917 $357,798

2 Cash inflow 400,000 x 0.842 $336,672

3 Cash inflow 411,000 x 0.772 $317,367

4 Cash inflow 426,000 x 0.708 $301,789

5 Cash inflow 334,100 x 0.650 $217,077 (434,100 - 100,000)

6 Cash inflow 435,000 x 0.596 $259,376

7 Cash inflow 436,000 x 0.547 $238,507

7 Salvage value 400,000 x 0.547 $218,814

Present Value of cash inflow $2,247,401

Initial investment $2,285,000

NPV ($2,247,401 - $2,285,000) (37,599)

Conclusion: Hillsong should not purchase the new machine as the NPV of the machine is negative

4 0

3 years ago

Answer the following question using this order book: Order Book Example Buy Orders (Bids) Sell Orders (Asks) Amount Price Amount

Murljashka [212]

The spread for this security after an investor submits a sell order for 185 shares at $41.87 is c.) <u>$0.38</u><u>.</u>

<h3>What is the spread?</h3>

The spread is the gap or difference between the bid and the ask prices of a security or asset, like a stock, bond, or commodity

The spread is commonly known as a bid-ask spread. This implies that while the investor is bidding to sell the security at $41.87, it could be sold for $42.25, giving a difference (spread) of $0.38 per share.

<h3>Data and Calculations:</h3>

Buy Orders (Bids) Sell Orders (Asks)

Amount Price Amount Price

63 $42.15 3 $42.16

36 $42.12 68 $42.22

112 $41.99 113 $42.25

3 $41.88 9 $42.44

Spread at a ask price of $42.25 = $0.38 ($42.25 - $41.87)

<h3>Answer Options:</h3>

a.) 0.01

b.) 0.29

c.) 0.38

d.) 0.17

Thus, the spread for this security after an investor submits a sell order for 185 shares at $41.87 is c.) <u>$0.38</u><u>.</u>

Learn more about security spreads and bid and askprices at brainly.com/question/14467928

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2 years ago