Case Study Analysis

$7-23.$ Assume that Damon decides to start a party$-$planning business:

A$.$ Identify two ways he could assess the cost of goods or services sold for this business.

B$.$ Which costs, described in the case study, would become part of Damon's operating$-$cost structure?

C$.$ Make a list of additional items Damon will need to purchase to get his business off the ground. Research the cost of these items.

$7-24.$ One of the reasons why Damon earned a substantial profit is because he convinced his personal contacts to provide their