Thank you for helping me out Chegg Tutor! Much appreciated! :)

QUESTION 5

1. A centre that is solely responsible for generating a target level of income is known as:

   	a.	a revenue centre.
   	b.	an investment centre.
   	c.	a cost centre.
   	d.	a management centre.
   	e.	a profit centre.

1 points

QUESTION 6

1. Jaxon Ltd settles their creditors accounts as follows: 30% in the month of purchase and 70% in the month following purchase. For the month of April their credit purchases totalled $85 000 and in May were $78 000.

   How much cash did Jaxon Ltd pay to their creditors in the month of May?

   	a.	$80 100
   	b.	$59 500
   	c.	$54 600
   	d.	$23 400
   	e.	$82 900