Store Clerks Are Known to Have Low Wages

question 142

Multiple Choice

Store clerks are known to have low wages.This is likely to be reflect the fact that

• A) store clerk jobs are perceived to be relatively easy,thus attracting low-skill workers.
• B) store clerk jobs are perceived to be relatively difficult,thus attracting high-skill workers..
• C) many people perceive the job of store clerk as having significant risk of death on the job.
• D) store clerks are required to have a college degree.

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Definitions:

Net Sales

The revenue from goods or services sold by a company after deducting returns, allowances for damaged or missing goods, and any discounts allowed.

ROE

Return on Equity, a profitability measure that calculates the ability of a company to generate profits from its shareholders' equity.

Profit Margin

A financial ratio that shows the percentage of revenue that exceeds the cost of goods sold, indicating the profitability of a company.

Assets

Resources owned or controlled by a business, individual, or entity, considered valuable because they can produce positive economic value or provide future benefits.