Arlie Hochschild Used the Term to Refer to the Fact

question 76

Short Answer

Arlie Hochschild used the term to refer to the fact that working wives often end up doing most of the housework.

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Definitions:

Gross Profit Rate

The gross profit rate, also known as gross profit margin, is the ratio of gross profit (sales minus cost of goods sold) to sales, expressed as a percentage.

Merchandise Available

The total quantity of goods available for sale, including beginning inventory plus purchases made during the period.

Estimated Gross Profit

An approximate calculation of a company's gross profit, predicted based on past data and future projections.

Fiscal Year

A twelve-month period used for accounting purposes and preparing financial statements, which may differ from the calendar year.