Consumers Benefit in Dealing with Retail Corporate Chains Because

question 79

Multiple Choice

Consumers benefit in dealing with retail corporate chains because

• A) corporate chains have more experience than other forms of retailers.
• B) consumers can own stock in the same company where they shop since corporate chain stock must be publicly traded.
• C) chains can bargain with a manufacturer to obtain product volume discounts on orders, which can be passed on to consumers in terms of lower prices.
• D) there are multiple outlets, each with its own varied merchandise and different management policies.
• E) merchandise is arranged and displayed by professional designers making their shopping experience less stressful.

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Definitions:

Adjustment

An entry made in the accounts to correct an error or account for a transaction not recorded in the regular accounting period.

Available-for-sale Securities

Financial assets that are bought with the intention of selling before their maturity date, but not classified as held-for-trading or held-to-maturity investments.

Stockholders' Equity

It represents the ownership interest of shareholders in the assets of a company, after deducting liabilities.

Income Statement

A financial statement that shows a company's revenue, expenses, and profits over a specific period of time.