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Reference: 12-10
Harstin Corporation Has Provided the Following Data -A Segment of a Business Responsible for Both Revenues and

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Reference: 12-10
Harstin Corporation has provided the following data:  Sales $625,000 Gross margin 70,000 Net operating income 50,000 Stockholders’ equity 90,000 Average operating assets 250,000 Residual income 20,000\begin{array} { | l | r | } \hline \text { Sales } & \$ 625,000 \\\hline \text { Gross margin } & 70,000 \\\hline \text { Net operating income } & 50,000 \\\hline \text { Stockholders' equity } & 90,000 \\\hline \text { Average operating assets } & 250,000 \\\hline \text { Residual income } & 20,000 \\\hline\end{array}
-A segment of a business responsible for both revenues and expenses would be called:


Definitions:

IT Infrastructure

The combination of physical hardware, software applications, networking assets, and services essential for the creation, functioning, and oversight of a corporate IT infrastructure.

Customer-focused Innovations

Innovations or improvements specifically designed to meet the needs and preferences of customers, often leading to increased satisfaction and loyalty.

Financial Crisis

A situation in which the value of financial institutions or assets drops significantly, often leading to economic recession and needing governmental intervention.

Dial-up Internet Access

An Internet connection method using a standard telephone line for connectivity, characterized by slower speeds compared to broadband.

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