James Coleman Concluded That the Only Factor Needed to Improve

question 58

True/False

James Coleman concluded that the only factor needed to improve schooling was increased school funding.

---

Definitions:

Profit Earned

The financial gain obtained after subtracting all expenses, taxes, and costs from the revenue generated from business operations.

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.