Which Type of Store Is Small and Offers a Limited

question 81

Multiple Choice

Which type of store is small and offers a limited merchandise assortment at very low prices?

• A)specialty stores
• B)extreme-value retailers
• C)outlet stores
• D)limited assortment supermarkets
• E)convenience stores

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Definitions:

Internal Rate

Often referring to the Internal Rate of Return (IRR), it's the discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.

Cash Flows

The total amount of money being transferred into and out of a business, especially as affecting liquidity.

Outlay

The amount of money spent on a particular expense or investment.

Payback Period

The time it takes for an investment to generate an amount of income or cash equal to the cost of the investment.