Regarding Retailer Store Size, It Is True That

question 391

Multiple Choice

Regarding retailer store size, it is true that:

• A) almost 75 percent of all retail sales are made by smaller stores-those with annual sales less than $1 million.
• B) almost 75 percent of all retail sales are made by the largest stores-those with annual sales over $5 million a year.
• C) small retailers are unimportant and can safely be ignored by most manufacturers and wholesalers.
• D) big retailers do a lot of business but they make up less than 5 percent of stores.
• E) None of these alternatives is correct.

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Definitions:

Ordinary Income

This refers to any income earned through work, interest, dividends, or rental income, subject to standard tax rates.

Dividend Income

Income received from owning shares in a company, paid out from the company's profits.

Charitable Contribution

Financial or material donations given to a charitable organization, often eligible for tax deductions.

C Corporation

A type of business entity that is taxed separately from its owners, and can have an unlimited number of shareholders.