An Indicator Used to Compare the Increase in Sales of Stores

question 98

Multiple Choice

An indicator used to compare the increase in sales of stores that have been open for the same period of time is called

• A)market share of each store.
• B)same-store sales growth.
• C)sales per square foot of each store.
• D)gross sales per store.
• E)net profit per store.

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Definitions:

Cash Cycle

The period between the purchase of inventory and the collection of accounts receivable from the sale of that inventory.

Inventory Period

The typical duration required for a firm to convert its stock into revenue.