asked 40.2k views
3 votes
Korey is planning to open a comic book store, but has determined that he does not have enough money to cover the cost of opening the store and running the store for the first year. Which of the following is not something Korey should consider to meet his operational costs.

A.) Rely on profits to cover missing costs.
B.) Take out a business loan to cover costs.
C.) Reduce initial inventory to lower opening set-up costs.
D.) Approach investors who would be willing to provide the missing funds.

asked
User Peetman
by
7.5k points

2 Answers

5 votes

Answer:

The answer choice is A

Explanation:

answered
User Daniel Macak
by
8.7k points
4 votes

Answer:

A.) Rely on profits to cover missing costs.

Explanation:

We are asked to find the option that is not something Korey would consider to meet his operational costs in the first year.

The obvious one A) rely on profits to cover missing costs.

Because he is in shortage of money to opening the store and running the cost.

Hope this will helpful.

Thank you.

answered
User Darkownage
by
8.1k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.