Dave Has a Small Clothing Store

question 117

Multiple Choice

Dave has a small clothing store. He wants to open a second store but needs investors to finance his expansion. Investors will look at which of the following primary financial performance measurements to evaluate the store's performance?

• A) cash flow
• B) return on assets
• C) inventory turnover
• D) net sales

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Definitions:

Soybeans

A species of legume native to East Asia, widely grown for its edible beans which have numerous uses in food, oils, and as animal feed.

Insulin

A hormone produced by the pancreas that regulates blood glucose levels by facilitating the uptake of glucose into tissues.

Monopoly

A market structure characterized by a single seller that exercises exclusive control over a particular commodity or service, preventing competition.

Oligopoly

A market structure characterized by a small number of firms whose decisions about production and pricing significantly affect each other.