A Retailer Attempting to Improve Its Selling Efficiency from 60

question 44

Multiple Choice

A retailer attempting to improve its selling efficiency from 60 percent to 70 percent reduced its selling expense budget from $400,000 to $300,000.However,its new selling efficiency was reduced to 50 percent.What happened?

• A)Sales decreased from $1,000,000 to $500,000.
• B)Sales decreased from $1,000,000 to $600,000.
• C)Sales decreased from $1,000,000 to $700,000.
• D)Sales increased from $1,000,000 to $1,250,000.

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Definitions:

Compounded Quarterly

The calculation of interest where the amount is added to the principal every quarter, influencing the total interest accrued over time.

Highway Construction

The process of building roads that allow for faster and more efficient transportation over long distances, often involving large-scale public works projects.

Compounded Quarterly

Interest calculation method where interest is added to the principal sum four times a year.

Poultry Company

A business enterprise that specializes in the production, processing, and distribution of chickens and other poultry for consumption.