Profit centers use departmental income statements reports for effectively evaluating the performance of profit centers.
<u>Explanation:</u>
The success of manager in generating the income or profits are evaluated by a profit center.It uses the income statements reports for the purpose of evaluating the performance of profit center in an effective way. The segment that intakes cost and generates profits is an investment center. They are mainly responsible in the effective utilization of an organisation's asset.
An enterprise determines the performance of a profit center financially in absolute terms. It is the profit potential of the unit that determines the performance Managers. A manager of a highly profitable segment gain more success than the lower one.
Answer:
D. Economic Value Created
Explanation:
Economic value created refers to the firm's or an organization's economic profits. It is the difference between between actual returns and cost of capital used. In this case, the difference between maximum amount consumers are willing to pay (600) and cost incurred in producing the television (400) is referred to as economic value created (200). It is the excess required return of shareholders. It results from perceived utilities gained in a transaction.
For each willful violation $129,336 per violation
<span>The Republican Party currently uses the Elephant as a symbol to represent itself. This started in the 1870s when the political cartoonist Thomas Nast used it opposite a Donkey for the Democratic Party.</span>