Cost Management
8th Edition
ISBN: 9781259917028
Author: BLOCHER, Edward
Publisher: Mcgraw-hill Education,
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Chapter 19, Problem 1Q
To determine
State the term investment center, and explain the manner of measuring the financial performance of investment centers.
Expert Solution & Answer
Explanation of Solution
Investment center: The manager of investment center is held accountable for the profit of sub-unit and the return earned on capital invested which is used by the sub-unit to generate its profit.
The profit per dollar financed can be related to the rate of
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Chapter 19 Solutions
Cost Management
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