Staying open longer hours,increasing the use of mail and phone orders,and purchasing goods through vendors with faster delivery times allows a retailer to _____.
A)increase its return on assets
B)increase its profit margins
C)increase its financial leverage
D)decrease its return on assets

Question

Quizplus · Accepted Answer

By staying open longer hours, increasing the use of mail and phone orders, and purchasing goods through vendors with faster delivery times, a retailer can increase its sales volume without increasing its assets. This can lead to a higher return on assets, which is the ratio of net income to total assets.

Staying Open Longer Hours,increasing the Use of Mail and Phone