Which of the Following Events Suggests That a Home Improvement

question 40

Multiple Choice

Which of the following events suggests that a home improvement store such as Home Depot or Lowe's will need fewer workers in the next 1-3 years?

• A)increased housing purchases
• B)a decrease in consumer disposable income
• C)an increase in consumer spending
• D)falling interest rates

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Definitions:

Sales

The transactions involving the exchange of goods or services for money, considered the primary revenue source for a business.

Year 2

Refers to the second year of a specified time frame, operation, or financial reporting period.

Return on Investment (ROI)

A measure of the profitability of an investment, calculated as the net profit of the investment divided by the initial cost.

Last Year's

Refers to the previous calendar or fiscal year relative to the current one.