Assume that Damon decides to start a party-planning business: a. Identify two ways he could assess the

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Assume that Damon decides to start a party-planning business:

a. Identify two ways he could assess the cost of goods or services sold for this business.

b. Which costs, described in the case, would become part of Damon’s operating-cost structure?

c. Make a list of additional items Damon will need to purchase to get his business off the ground. Research the cost of these items.

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