Andrea Owns and Operates a Small Novelty Store That Sells

question 161

Multiple Choice

Andrea owns and operates a small novelty store that sells home décor, gifts, jewelry, and gourmet snacks. Because her business is very small, many wholesalers will not deal with her, so she relies primarily on ____ for the survival of her business.

• A) drop shippers
• B) truck wholesalers
• C) rack jobbers
• D) specialty-line wholesalers
• E) cash-and-carry wholesalers

---

Definitions:

Carrying Value

The recorded cost of an asset in a company's books after adjusting for depreciation, amortization, or impairment costs.

Retirement

The act of leaving one's job and ceasing to work, typically due to reaching a certain age or health condition, often involving receiving pensions or retirement savings.

Gain or Loss

The financial result from selling an asset for more or less than its purchase price.

Par Value

The nominal or face value of a bond, stock, or coupon as stated by the issuer, which is typically not related to its market value.