If a retailer's average monthly sales are $400,000,what would its average monthly sales index equal?

Question

Quizplus · Accepted Answer

The average monthly sales index represents the retailer's sales performance relative to a benchmark or standard. In this case, the benchmark or standard is likely the retailer's own historical average monthly sales or the industry average. Since the question only provides the retailer's average monthly sales and no comparison to a benchmark or standard is given, we cannot determine the average monthly sales index. Thus, we choose the answer of B, which represents a perfect score of 100 in the index, as it suggests the absence of any deviation from the benchmark or standard.

If a Retailer's Average Monthly Sales Are $400,000,what Would Its