Retailers Are Always Interested in Determining Why a Customer Selected

question 23

Multiple Choice

Retailers are always interested in determining why a customer selected their store to make a purchase.A sporting goods retailer conducted a customer survey to determine why its customers shopped at the store.The results are shown in the bar chart below.What proportion of the customers responded that they shopped at the store because of the merchandise or the convenience?

• A)35%
• B)50%
• C)65%
• D)85%

---

Definitions:

Treasury Stock

Represents a company's own shares that have been reacquired and held in the company's treasury.

Paid-in Capital

Equity capital that is contributed to a company by investors through the purchase of stock.

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer.

Paid-in Capital

The total amount of money or other assets that shareholders or owners have contributed to the company for use in business operations.