_____ Shows How Much the Retailer Makes as a Percentage

question 34

Multiple Choice

_____ shows how much the retailer makes as a percentage of sales after the cost of goods sold is subtracted.

• A) Net income
• B) Retained earnings
• C) Profitability
• D) Net equity
• E) Gross margin

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Definitions:

Hindsight Bias

The tendency to believe, after learning an outcome, that one would have foreseen it, also known as the "I knew it all along" effect.

Bystander Effect

A social psychological phenomenon where individuals are less likely to offer help to a victim when other people are present.

Two-factor Theory

A theory of emotion proposing that emotions are based on physiological arousal and cognitive interpretation of that arousal.

Voter Preference

The inclination or predisposition of voters towards certain candidates, parties, or policies in an election.