S22-14 (similar to) victor company expects to sell 5 comma 000 units for $ 200 each for a total of $ 1 comma 000 comma 000 in january and 2 comma 500 units for $ 205 each for a total of $ 512 comma 500 in february. the company expects cost of goods sold to average 70% of sales revenue, and the company expects to sell 4 comma 700 units in march for $ 260 each. victor's target ending inventory is $ 17 comma 000 plus 60% of the next month's cost of goods sold. prepare victor's inventory, purchases, and cost of goods sold budget for january and february.
the american free enterprise system is based on private property, profit, competition and consumer choice. so govt role is to make sure those conditions are there; e.g. there is fair competition, regulate monopolies so consumer will have choices, enforce laws protecting property rights n so on.
the answer to this is false because all they want is for you to use their card and then it will hurt you credit score because then you will have to pay interest rates.
so it is false