A furniture retailer has a beginning-of-year inventory (at cost) of $400,000; ending inventory (at cost) is $270,000 . Yearly purchases are $700,000 and transportation charges equal $5,700 . The retailer's cost of goods sold is _____

a. $570,000
b. $575,700
c. $835,700
d. $1,105,700

c

Business

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The utilization of a __________, such as a franchise, can assist in mitigating the business venture risk, to some extent.

A. proven business model B. turnkey operation C. business model prototype D. a) and b) E. all of the above

Business

A certain state in the U.S. declares that its citizens should only wear modest clothing. Which of the following conclusions is made when this law is tested for substantive due process?

A) unconstitutional for compulsion B) invalid for violation of the Equal Protection Clause C) void for vagueness D) invalid for violating freedom of expression

Business