SCENARIO 2-20-B
a Recent Consumer Survey on Holiday Shopping Reveals

question 244

Short Answer

SCENARIO 2-20-B
A recent consumer survey on holiday shopping reveals the following information on the types of
stores at which consumers plan to shop (The table is also available in the file Scenario2-20-
DataB.xlsx: $$\begin{array} { | l | c | } \hline \text { Types of Stores } & \% \text { of Customers } \\\hline \text { Stand-alone "big box" stores } & 54 \\\hline \text { Traditional mall } & 61 \\\hline \text { Local independent stores not in a mall } & 35 \\\hline \text { Strip mall or mini mall } & 25 \\\hline \text { Town hall mall } & 14 \\\hline \text { I do not plan to shop at any of these } & 9 \\\hline\end{array}$$
-Referring to Scenario 20-20-B, the top 2 categories of stores that customers plan to shop at
make up ____% of the 6 categories of shopping preferences.

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Definitions:

Specific Receivable

A receivable account that is clearly identified and attributed to a specific source, such as an individual customer or entity.

Net Income

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

Maturity Date

The predetermined date on which a financial instrument, such as a loan or bond, is due to be repaid in full.

Promissory Note

A financial instrument that contains a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.