The front-end or back-end loads charged by some mutual funds often are combined with 12b-1 fees.

Rosetta Company's July 31 inventory was destroyed by fire. The company's beginning inventory was $250,000, and purchases for January through July were $600,000. Sales for the same period were $900,000. The company's normal gross profit percentage is 30% of sales. Using the gross profit method, the July 31 inventory is estimated to be

a. $20,000. b. $270,000. c. $150,000. d. $220,000.

Treat Bytes Inc., a food product manufacturing company, introduces a new range of protein-rich snacks targeted at vegetarians. The products have very low levels of fat and cholesterol that make them a healthy source of protein for vegetarians

These products are unique, and people consider them to be of the highest quality. These unique features of the products present Treat Bytes Inc. with a__________. Fill in the blanks with correct word.