Profit center or an investment center
Question:
If I run a call center for a software company whose sole purpose in life involves helping the customers install the product, would you think I would be a manager of a cost center, a profit center or an investment center?
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Cost control reporting techniques that are causing the firm's true liquidity strength to be understated.
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I would be a manager of a cost center, a profit center or an investment center?
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A preferred stock pays an annual dividend of $7.00. What is one share of this stock worth to you today if you require a 14% rate of return?
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