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2 years ago

13

The foreign subsidiary of a large corporation is:_________ a) a cost center. b) an investment center. c) not a responsibility ce

nter. d) a profit center.

1 answer:

Brut [27]2 years ago

3 0

Answer:

b) an investment center

Explanation:

The foreign subsidiary of a large corporation is an investment center.

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Performance is evaluated for an investment center through the comparison of actual and budgeted return on investment (ROI) based

igor_vitrenko [27]

Answer:

True

Explanation:

<em>Return on Investment (ROI) is the proportion of operating assets that an investment center earned as as net operating income. </em>

<em>ROI is measure of the returned earned by a division relative to the amount invested in the assets used to generate the return. </em>

It is calculated as follows

ROI = operating income/operating assets × 100

To evaluate a division, the division's ROI is compared to the budgeted ROI of the company. An actual ROI that exceeds the budgeted is considered a good performance and vice versa

3 0

3 years ago

The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of

Irina-Kira [14]

Answer:

Retail Division $480,000

Commercial Division $30,000

Explanation:

To measure divisional income consider only those items attributable to a particular division.

Retail Division

Sales 2,150,000

<em>Less</em> Cost of Sales (1,300,000)

Controllable Contribution 850,000

<em>Less</em> Controllable Fixed Cost :

Selling expenses (150,000)

Allocated Central Cost (2,750/4,000×$320,000) (220,000)

Divisional Profit Contribution 480,000

Commercial Division

Sales 1,200,000

<em>Less</em> Cost of Sales (800,000)

Controllable Contribution 400,000

<em>Less</em> Controllable Fixed Cost :

Selling expenses (150,000)

Allocated Central Cost (1,250/4,000×$320,000) (220,000)

Divisional Profit Contribution 30,000

8 0

3 years ago

If it 10am eastern standard time in new York city

RoseWind [281]

What time zone would you like convert to?

7 0

3 years ago

On October 1, Hawking Corp. had 40,000 shares of $2 par value common stock outstanding before it declared a 2-for-1 stock split.

Naily [24]

Answer:

1. After the split, how many shares of common stock are outstanding and what is their par value per share?

40,000 stocks outstanding x 2 = 80,000 stocks outstanding after the stock split

par value of each stock = $2 / 2 = $1

Aren't both questions the same?

2. After the split, the number of shares outstanding is <u>80,000</u> and the par value per share is <u>$1</u>.

Explanation:

When a stock split happens, the total number of outstanding stock is just multiplied by the stock split factor, in this case it was 2, but other times it might be 4 or 7 (like Apple stock). You just multiply total outstanding stock by the split number. On the other hand, par value is calculated by dividing the current par value by the split number.

5 0

2 years ago

Suppose the price of pepperpepper increases by 1010 percent and, as a result, the quantity of saltsalt demanded (holding the

Mazyrski [523]

<span>The cross-price elasticity of demand between salt and pepper is -0.50 In this example salt and pepper are Complements. Instead, suppose salt and pepper were substitutes. If so, the the cross-price elasticity of demand between salt and peeper would be positive.</span>

6 0

3 years ago