Question

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.

Answer 1

Answer:

A.) Rely on profits to cover missing costs.

Step-by-step 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.

Answer 2

A. would be the correct answer.