Question 1 (1 point) The practice of delegating decision making authority to lower levels of management IS O optimization 0 decentralization O investing O budgeting ROI and residual income are used to evaluate which types of responsibility centers? 0 cost centers 0 investment centers 0 revenue centers 0 profit centers \fMixie Company has the following data for last year: Division A Sales $360,000 Contribution margin 55 120,000 Operating income $70,000 Average operating assets $240,000 Actual Cost of capital 15% Division B $300,000 $125,000 $30,000 $200,000 15% MiXie Company has a minimum acceptable rate of return equal to 18%. Round answers two decimal places. 1. What is Division A's margin? 2. What is Division A's turnover? 3. What is Division A's ROI? 4. What is Division A's residual income? If ROI for a division is 15% and the company's minimum required cost of capital is 18%, then 0 residual income for the division is positive 0 residual income for the division is negative With this type of responsibility center, the manager is responsible for revenues, costs and investments 0 investment center 0 profit center 0 cost center 0 revenue center A price charged for a component by the selling division to the buying division of the same company is called a(n) 0 economic value added 0 transfer price 0 costbased price 0 market price In this type of responsibility center, the manager is responsible for both revenues and costs 0 profit center 0 investment center 0 cost center 0 revenue center