Merchandise productivity:
a. is net sales divided by the total square feet of retail floor space.
b. states how many dollars in sales the retailer wants to generate for each square foot of store space.
c. is net sales divided by the number of full-time-equivalent employees.
d. reflects how many dollars in sales the retailer desires to generate for each full-time-equivalent employee.
e. is net sales divided by the average dollar investment in inventory.
Answer: E