P A R T Th ree Qu e st io ns 23 - 30 • Y ou wi l l h ea r J ohn Se r g e a nt, a r e tail a n a l y st, b e ing in t e rvi e w e d a bo u t a c h a in of c lo t hing stor e s c a l l e d Sa n g r a . • F or e ac h q u e st i on ( 23—30 ), m a rk o n e lett e r ( A , B or C ) f or the c o r r ec t a nsw e r . • A f ter y ou h a v e l i sten e d on ce , re p l a y the r ec o r d i n g .