Average sales per store,sales per square foot of selling space,and inventory turnover are examples of retail _____.
A)return on net worth performance ratios
B)non-key business ratios
C)inventory management ratios
D)performance measures

Question

Quizplus · Accepted Answer

Average sales per store, sales per square foot of selling space, and inventory turnover are all performance measures used in retail. These measures help retailers assess their effectiveness and efficiency in generating sales and managing inventory. Option A, return on net worth performance ratios, is not applicable to retail, while option B, non-key business ratios, is too general and does not accurately describe these specific measures. Option C, inventory management ratios, is partially correct but does not encompass all of the measures listed.

Average Sales Per Store,sales Per Square Foot of Selling Space,and