A financial indicator used to compare the increase in sales of stores that have been open for the same period of time is referred to as
A)return in investment.
B)percentage of markup.
C)gross profit.
D)sales per square foot.
E)same-store sales growth.

Question

Quizplus · Accepted Answer

Same-store sales growth is a measure of the increase in sales of stores that have been open for the same period of time. It compares the performance of existing stores, rather than including the impact of new store openings or closures.

A Financial Indicator Used to Compare the Increase in Sales