In Developing Performance Measures for a Retail Operation,it Is Important

question 66

Multiple Choice

In developing performance measures for a retail operation,it is important to _____.

• A)change the measures on an annual basis
• B)use measures comparable to secondary source data
• C)develop measures unique to the firm
• D)focus on inventory management measures

Understand the impacts of financial decisions on cash flow.

Interpret various financial ratios and their implications.

Compare financial metrics historically, with competition, and against budgets.

Analyze the impact of market perceptions on financial health through market value ratios.