Zetovi Is a Store Retailer That Sells a Complete Selection

question 73

Multiple Choice

Zetovi is a store retailer that sells a complete selection of food products, such as meat, cereals, processed foods, baked goods, and dairy products at a steep discount at a single location. It also offers a wide range of general merchandise, such as cosmetics and clothes almost at the same discount as food products. It is evident that Zetovi is a _____.

• A) supermarket
• B) discount store
• C) convenience store
• D) supercenter

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Definitions:

Book Value per Share

A measure of the net asset value of a company allocated to each outstanding share.

Return on Total Assets

A financial ratio that measures the net income produced by total assets during a period by comparing net income to the average total assets.

Net Profit Margin Percentage

A profitability metric that calculates the percentage of net income derived from revenue, indicating how much of each dollar in revenue results in profit.

Return on Equity

A measure of financial performance calculated by dividing net income by shareholders' equity, indicating how effectively management is using a company's assets to create profits.