The fritolay, a standalone division of pepsico may be classified as a revenue center. A revenue center is a separate operating division of a company that is in charge of producing sales. For instance, a department shop might view each of its departments as a revenue center, including men's, women's, and children's clothing, jewellery, and so forth.
The sole thing that cost centers do, like revenue centers, is monitor costs, making them the revenue center's opposite. Revenue centers are marketing departments that are immune from profit generation and responsibility because they solely measure production. The business activity in charge of producing a company's sales revenue is known as a revenue center.
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Answer:
3.6
Explanation:
The receivables turnover for the year is calculated as;
= Net sales(credit sales) ÷ Average accounts receivables
Average account receivables
= ($200,000 + $220,000) ÷ 2
= $210,000
Therefore, Receivables turnover
= $750,000 ÷ $210,000
= 3.6
Answer: Information acquired is extremely vivid.
Explanation: Consumer learning involves consumers acquiring knowledge about a product consciously or unconsciously which directly affects their view of the product.
Since the knowledge gotten about the product is directly gained by the consumer, it creates a clear and lasting impression on them.
Answer:
True
Explanation:
The three main sources of assets for a business are:
- investments by owners (total paid in capital), refers to the money that the owners are willing to invest in the company and it should be used to finance operating activities.
-
borrowing from creditors, refers to both long term and short liabilities that allow the company to increase their assets, e.g. merchandise or equipment purchased on credit, or a loan.
- earnings activities, refers to the company's retained earnings from previous years that is reinvested in new or existing projects.