(a) For each of the following retail businesses, make an estimate of what a reasonable rate of stock turnover would be (using sales divided by year end stocks):

(i) department stores,

(ii) electrical goods shops,

(iii) butchers,

(iv) greengrocers,

(v) bakeries,

(vi) tailors.

(b) What would be the effect, if any, on these ratios of sales on hire purchase and seasonal fluctuations.

(c) Obtain a copy of the most recent Census of Distribution, and contrast and compare your estimates of turnover with actual results.