Question
Sandra operates a craft sewing business, making $15,000 in gross income during the year. Her only costs are inventory. She begins the year with $6,000
Sandra operates a craft sewing business, making $15,000 in gross income during the year. Her only costs are inventory. She begins the year with $6,000 in inventory items, and purchases $4,500 more during the year. She ends the year with $4,000 in inventory. What is her gross income from the business?
- 8500
- 7750
- 2000
- 500
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
