A business format franchise most closely resembles which vertical marketing system alternative?
a. independent vertical marketing system
b. partially integrated vertical marketing system
c. fully integrated vertical marketing system
d. dual vertical marketing system
b
Business
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In a sole proprietorship, how are business profits taxed?
What will be an ideal response?
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The records of Tea Time Company show 20D purchases of $9,000. An actual count revealed a 20D ending inventory of $4,000. The 20D beginning inventory was $5,000. What was cost of goods sold for 20D?
A. $14,000 B. $18,000 C. $10,000
Business