Two Types of Retail Institutions Satisfy the Definition of a Department

question 53

Multiple Choice

Two types of retail institutions satisfy the definition of a department store: the traditional department store and the ________.

• A) full-line discount store
• B) supercenter
• C) variety store
• D) hypermarket

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Definitions:

Dividend Yield

A ratio, computed by dividing the annual dividends paid per share of common stock by the market price per share at a specific date, that indicates the rate of return to stockholders in terms of cash dividend distributions.

Par Value

A dollar amount assigned to each share of stock.

Unusual Items

Non-recurring or rare expenses or revenues that are not expected to happen regularly and are outside the ordinary activities of a business.

Income from Continuing Operations

The profit or loss generated from a company's regular business activities, excluding extraordinary items or discontinued operations.