The Dollar Tree Is a Small Chain of Discount Stores

question 151

Multiple Choice

The Dollar Tree is a small chain of discount stores where all of the merchandise is priced at $1.The Dollar Tree uses:

• A) a single-price tactic
• B) flexible pricing
• C) price lining
• D) price bundling
• E) leader pricing

---

Definitions:

Asset Turnover Ratio

A ratio measuring how effectively a business uses its assets to produce sales income.

Property, Plant, and Equipment

Tangible long-term assets owned by a business, used in the production or supply of goods and services, such as buildings, machinery, and vehicles.

Accumulated Depreciation

It represents the total amount of depreciation expense that has been recorded for an asset over its life.

Intangible Assets

Non-physical assets owned by a business, such as patents, trademarks, and copyrights.