Questions 6 to 10 are based on the following news. 9(). A: ￡522 million. B: ￡671 million. C: As much profit as one year earlier D: 2.8 percent more profit than a year earlier.

中国大学MOOC: Profit center managers are often evaluated by comparing actual profit to targeted or budgeted profit

Profit center managers are often evaluated by comparing actual profit to targeted or budgeted profit A: 正确 B: 错误

A company purchases a machine with an expected useful life of 6 years for $9,000. After two years of use, management revised the expected useful life to 8 years. The machine is to be depreciated at 30% per annum on the reducing balance basis. A full year's depreciation is charged in the year of purchase, with none in the year of sale. During year 4, it is sold for $3,000. What is the profit or loss on disposal?? $1,000 profit|$840 profit|$87 loss|$1,410 profit

All of the following statements regarding profit margin is true except A: Profit margin reflects the percent of profit in each dollar of revenue. B: Profit margin is also called return on sales. C: Profit margin can be used to compare a firm's performance to its competitors. D: Profit margin is calculated by dividing net income by net sales. E: Profit margin is not a useful measure of a company’s operating results.

经济利润与会计利润（economic profit versus accounting profit）

利润（Profit）

To achieve profit is not the ultimate goal but profit is the bottom-line measure of a firm’s success and ability to survive.

Stock purchased was debited incorrectly to the motor vehicles account. The effect on the profit and loss account would be ？ A: Asset unaffected B: Asset understated C: Profit unaffected D: Profit affected

Due to its impulse to pursue high profits, international hot money is bound to look for which of the following investment fields? A: Low risk, low profit B: Low risk, high profit C: High risk, high profit D: High risk, low profit