Consumers Benefit in Dealing with Retail Corporate Chains Because

question 91

Multiple Choice

Consumers benefit in dealing with retail corporate chains because

• A)corporate chains have more experience than other forms of retailers.
• B)they can own stock in the same company where they shop since corporate chain stock must be publicly traded.
• C)they can establish a credit history more easily than with other forms of retailers.
• D)there are multiple outlets with similar merchandise and consistent management policies.
• E)they have less stress in making decisions since merchandise is arranged and displayed by professional designers.

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Definitions:

Operating Statement

Another term for an income statement, which shows a company's revenue and expenses over a specific period, resulting in the net profit or loss.

Net Income

A company's overall earnings post the deduction of all expenditures, taxes, and operational costs from its gross revenue.

Liabilities

Liabilities are financial obligations or debts that a company owes to others, which must be settled over time through the transfer of economic benefits including money, goods, or services.

Assets

Economic resources controlled or owned by a business or individual from which future economic benefits are expected to flow.