Retailers Often Perform Ticketing and Marking Functions in Their Distribution

question 17

Multiple Choice

Retailers often perform ticketing and marking functions in their distribution centers rather than in their retail stores because ticketing and marking is often

• A) the responsibility of the dispatcher.
• B) too complex for sales personnel to manage.
• C) done in conjunction with supply chain promotional allowances.
• D) the responsibility of the logistics department and not the marketing department.
• E) inefficient and expensive.

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Definitions:

Acid-test Ratio

A stringent indicator that determines whether a firm has enough short-term assets to cover its immediate liabilities without selling inventory.

Quick Assets

Assets that can be quickly converted into cash without a significant loss in value, including cash, marketable securities, and accounts receivable.

Current Liabilities

Obligations or debts that a company must pay within one year or within its operating cycle if longer.

Gross Margin Ratio

A financial ratio that measures a company's financial health, calculated by subtracting the cost of goods sold from net sales and dividing by net sales.