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

Recognize the concept of digital divide and digital inclusion.

Understand digital ethics and digital citizenship.

Identify and apply proper methods for disposing of old technology.

Recognize the importance of data security and privacy in technology use.

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Definitions:

Cash Discount

A reduction in the invoice amount by the seller, offered to the buyer for early payment.

Invoice Date

The date on which an invoice is issued, indicating when a transaction occurred.

Partial Payment

A payment made that is less than the full amount owed at that time.

Cash Discount

A Cash Discount is a reduction in the invoice price offered by a seller to a buyer for prompt payment of their bill.