korey is planning to open a comic - book store, but has determined that he does not have enough money to…

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?\na. rely on profits to cover missing costs.\nb. take out a business loan to cover costs.\nc. reduce initial inventory to lower opening set - up costs.\nd. approach investors who would be willing to provide the missing funds.\nplease select the best answer from the choices provided\no a\no b\no c\no d

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?\na. rely on profits to cover missing costs.\nb. take out a business loan to cover costs.\nc. reduce initial inventory to lower opening set - up costs.\nd. approach investors who would be willing to provide the missing funds.\nplease select the best answer from the choices provided\no a\no b\no c\no d

Answer

Brief Explanations:

Profits are earned after operations start. Relying on them to cover initial - year operational costs that are already lacking is not a viable option as they may not be sufficient or may not be available in time. Taking a loan, reducing inventory to lower set - up costs, and approaching investors are all valid ways to secure funds for initial operations.

Answer:

A. Rely on profits to cover missing costs.