Examlex
Use a calculator to find the value of the expression rounded to two decimal places.
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Profit Center
A separate business unit or department within an organization that is responsible for generating its own revenue and profits.
Income Statement
A financial statement that shows a company's revenues and expenses over a specific period, culminating in a net income or loss.
Controllable Expenses
Costs that can be influenced by the decisions of a manager.
Profit Center Management
The administration of a segment of a business that is directly responsible for its own revenue and expenses, aiming to maximize profits.
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