Describe the relationship among the basic factors of profitability with a suitable example. 

Profitability is a crucial aspect of any business, as it reflects the financial success and sustainability of the company. In the context of buying and merchandising, several factors contribute to the overall profitability of the business. These factors include sales volume, cost of goods sold (COGS), gross margin, operating expenses, and inventory management. Understanding how these factors interact and affect each other is essential for making informed business decisions.

The first factor in profitability is sales volume, which refers to the total quantity of products sold. The higher the sales volume, the more revenue is generated. For a business to remain profitable, it needs to ensure that its sales volume is high enough to cover the costs associated with producing and selling the goods. In merchandising, effective pricing strategies, advertising, and promotions play a critical role in driving sales volume. For instance, if a retail store sells _____ ___ ________ _________ ________ ___ _________.
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