Most Appropriate Kind Of Business

From Open Risk Manual

Definition

Most Appropriate Kind Of Business. An assumption made when estimating margins that the best estimate of the margin rate is the rate from the primary seller of the good.

For example, the margin rate for shoe stores is used to make the first estimate of the margin on shoes sold at department stores and sporting goods stores. This technique can also be used when estimating taxes.[1]

References

  1. Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009