Author Question: Returns are a tangible dollar amount on the profit and loss statement but they are also expressed as ... (Read 59 times)

james9437 · **on:** Sep 11, 2018

Returns are a tangible dollar amount on the profit and loss statement but they are also expressed as a percentage of gross sales.

a. True
b. False

Question 2

Which of the following is NOT one of the reasons for implementing category management:

a. Eliminate waste in regard to space utilization
b. Focus on the merchandise sought by customers
c. Increase profit margin
d. Increase space allocation for major vendor's brands