The retail executive who oversees a group of buyers and is responsible for the trading activities of the relevant sales department or division group is the General Merchandise Manager (GMM).
Retail is a commercial activity that involves selling goods or offering services directly to final consumers. Goods purchased from retail businesses will be used by consumers for personal consumption or for family and household purposes, not for resale.
Also known as retail business, retail acts as a marketing intermediary that connects major producers or large wholesalers with consumers who buy in small quantities or in units. After purchasing a number of goods from a larger group of businesses, the retailer or retailer will resell the goods by setting a certain additional price to make a profit.
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Answer:
A. finance
Explanation:
Finance is the section of business that deals with money. Raising capital through various methods would fall under the finance part of the business.
Finance is among the functional areas of a business. It involves sourcing and allocating money to other areas of the business. Finance is closely associated with accounting. Other functional areas of a business include marketing, human resources, administration, and production.
Jenna puts $100 in a savings account in 2016 and sees a 3% increase in her account without depositing additional money is an example of earning interest.
The interest rate that investment is earning for you is known as earned interest. For instance, if you invest $1,000 in an investment that yields 10% annually, your interest earnings for that year will be 10%, or $100.
A sum that a business receives from interest-bearing bank accounts or other investments. In the accounting period in which the interest is earned, the sum should be recorded as Interest Revenues, Interest Income, or Investment Revenues.
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Answer:
yes
Explanation:
The contribution margin concept uses the formula below to calculate the break-even point.
break-even = fixed cost/ contribution margin per unit
fixed costs = $3,450.
contribution margin per unit = sales price - variable costs
= $25- $12
=$13
Break-even = $3,450 /$13
=265.38
=265 units
The break-even point is 265 units. Rebotar Inc. sold 300 basketballs; they meet the break-even point. 300 basketballs are more than 265.
Answer:
The value of the test statistic is z= 2.40
Explanation:
n= 1100 (sample size)
Null hypothesis H0: p = 0.25
Alternative hypothesis H1: p>0.22
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