Mass-Merchandisers

question 348

Multiple Choice

Mass-merchandisers:

• A) usually operate with low margins on individual items.
• B) are now the primary place to shop for many frequently purchased consumer products.
• C) generally run a self-service operation.
• D) are concerned with maintaining high inventory turnover.
• E) All of these alternatives are correct for mass-merchandisers.

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Definitions:

Declared Dividends

The announcement by a company's board of directors of the payment of a dividend to shareholders at a future date.

Liabilities

Financial obligations or debts owed by a person, company, or entity to others, requiring the outflow of resources to settle.

Total Rate of Return

A profitability measure that accounts for the gains or losses from investments over a specific period, including interest, dividends, and capital gain.

Current Yield

The annual income (interest or dividends) divided by the current price of the security.