Large Shopping Areas Often Contain Two or Three ________ Stores

question 96

Multiple Choice

Large shopping areas often contain two or three ________ stores, which are well-known national or regional stores such as Nordstrom, Saks Fifth Avenue, and Bloomingdale's.

• A) power
• B) mega
• C) anchor
• D) value
• E) outlet

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Definitions:

Fully Depreciated

A state where a fixed asset has reached the end of its useful life and its book value is reduced to scrap value.

Profit Margin

A measure of a company's profitability, calculated by dividing net income by total revenues. It shows how much profit each dollar of sales generates.

Net Income

The total profit or earnings of a company after all expenses, taxes, and costs have been subtracted from total revenue.