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6 years ago
December accounts for 25 percent of a clothing store's annual sales. Thirty percent of December's sales are on the retailer's own credit card. These sales will be paid for by consumers sometimes in January of the following year. These credit sales have a significant impact on the retailer's ________ budget.
A) cash flow
B) zero-based
C) incremental
D) top-down
Textbook 
Retail Management: A Strategic Approach

Retail Management: A Strategic Approach


Edition: 13th
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