Examlex
In which of the following responsibility centres is a manager responsible only for sales?
Net Income
The net income of a business following the subtraction of all costs and taxes from its gross earnings.
Income Distribution
The allocation of a company's net income among shareholders in the form of dividends and retained earnings within the company.
Capital Balance
Represents the amount of capital contributed by investors or owners, plus retained earnings minus any distributions or withdrawals.
Interest
The cost paid for borrowing money, typically expressed as a percentage rate over the period of borrowing.
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