Accredited Investors, per the Securities and Exchange Commission, must meet certain requirements to invest in start-ups. Which of the following fulfills the definition of accredited?

Group of answer choices

Net worth that exceeds $1m, inclusive of primary residence

Home value between $25k and $200k

Net worth that exceeds $1m, excluding primary residence

Either $200k+ income or Net worth that exceeds $1m exclusive of primary residence

$200k+ income

Elaine is super excited. Her make-up line called Essentials was picked up at Ulta. She sells her core makeup kit for $79 into distribution. UNFI delivers to Ulta, adding 44% markup. Ulta the retailer has a required gross margin of 75% on all makeup kits. What is the COGS for Alta? What does the consumer pay for Elaines Essentials makeup kit?

Group of answer choices

$199.08 / $455.04

$113.76 / $455.04

$79.00 / $199.08

$138.25 / $199.08

$113.76 / $199.08