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Saks Fifth Avenue an Upscale Retailer That Offers Designer Brand

question 99

Multiple Choice

Saks Fifth Avenue an upscale retailer that offers designer brand women's apparel, fragrances, jewellery, and leather accessories.Saks Fifth Avenue would be classified as a(n) _________.


Definitions:

Invested

To have allocated resources, such as money, toward something with the expectation of generating income or profit.

Deposited

The act of placing money or another form of value into an account.

Interest

The cost of borrowing money or the payment received for deposit funds, calculated as a percentage of the principal.

Investment

The allocation of money into financial assets, real estate, or other ventures with the expectation of obtaining additional income or profit.

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