A retailer's planned expenditures for a given time period based on its expected performance is its _____.

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A budget is a financial plan that outlines an organization's planned revenues and expenses for a given time period, based on the expected performance. It helps retailers to allocate resources, control costs, and avoid overspending. Asset turnover is a financial ratio that measures a company's efficiency in generating revenue from its assets. Net worth is the total value of assets minus liabilities. Sales forecast is an estimate of the future sales for a given time period, which is used to plan inventory, production, and staffing levels. While sales forecast is related to a retailer's expected performance, it does not represent its planned expenditures.

A Retailer's Planned Expenditures for a Given Time Period Based