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Kipish [7]
2 years ago
8

lanier company manufactures expensive watch cases sold as souvenirs. three of itssales departments are retail sales, wh

Business
1 answer:
Nataly [62]2 years ago
3 0

Mary Gammel's responsibility in the firm is to monitor the results of profit center because it is the key driver of the total results of the company.

<h3>What is Mary Gammel position?</h3>

She is a manager in the retail sales department which is a profit center in the firm because it is saddles with role of supervising the team of sales representatives who works with customers.

Hence, Mary Gammel's role is to monitor the results of profit center because it is the key driver of the total results of the company.

Missing words "<em>Mary Gammel is a manager in the Retail Sales Department. Determine what should be included in the responsibility report of the manager</em>"

Read more about retail sales department

<em>brainly.com/question/930797</em>

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A person should consume more of something when its marginal.
sashaice [31]

Answer:

True

Explanation:

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2 years ago
When does a company account for revenue if it uses cash basis​ accounting?A.when the services are being performedB.when services
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Answer:

C.when cash is​ received, either prior​ to, at the time​ of, or after the services are performed

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Under the cash basis accounting, the revenue is recognized at the time when the cash is received. It can be at the time before the service performed or after the service is performed. It only involves cash transactions.

The cash basis of accounting reports the revenue earned and the expenses incurred that occurred in cash transactions only.

7 0
3 years ago
Sharon purchases two products, X and Y, with a given fixed budget. The marginal utility she receives from the last unit of X she
lorasvet [3.4K]

Answer:

The correct answer is option A.

Explanation:

Sharon in consuming two goods X and Y.  

The price of X is $2 and that of Y is $1.  

The marginal utility derived from consuming X is 60 utils and from consuming Y is 30 utils.  

For profit-maximization the ratio of marginal utility and price should be equal for both goods or the marginal utility of money spent on both goods should be equal.  

The ratio for good X

= \frac{MUx}{Px}

= \frac{60}{2}

= 30  

The ratio for good Y

= \frac{MUy}{Py}

= \frac{30}{1}

= 30  

Since the ratio is same for both the goods it implies that Sharon is maximizing her total utility.

3 0
4 years ago
Prof. Business will have $1,600,000 saved up by retirement at age 65. The retired professor expects to live 20 more years after
alexdok [17]

Answer:

heyy i hope ur having a great day so far hope my answer helps :)

Explanation:

<h2><em>$136348.618</em></h2><h2><em></em></h2><h3><em>Present value (PV) =$1,600,000 </em></h3><h3><em> </em></h3><h3><em>Number of year(n) = 20 </em></h3><h3><em> </em></h3><h3><em>Rate(r) = 6.5% = 6.5 / 100 = 0.065 </em></h3><h3><em> </em></h3><h3><em>Payment monthly (PMT) = ? </em></h3><h3><em> </em></h3><h3><em>Calculation:</em></h3><h3><em> in the picture  </em></h3><h2><em> </em></h2><h2><em> </em></h2><h2><em>So, Payment per month = $136348.618</em></h2>

5 0
3 years ago
A) According to the Small Business Administration, his business generates too much income to fit its definition of “smallness.”
mario62 [17]

Answer:

From what I can tell, C.

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His business could generate up to $8M (3YA) and still be considered a small business. He only has three employees, so he's still small.

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