The real benefit of barter for the entrepreneur is that ________.
A)it is essentially without cost to the business owner
B)it is considered a depreciable item for tax purposes rather than as income
C)it saves the small business owner between $100,000 and $150,000 a year on the average
D)it is "paid" for at the wholesale cost of doing business, yet it is credited at the retail price

Question

Quizplus · Accepted Answer

Barter allows the entrepreneur to acquire goods or services at the wholesale cost of doing business, yet it can be credited at the retail price. This means that the entrepreneur saves money because they are not paying the full retail price for the goods or services they acquire through barter. However, choices A, B, and C are not accurate as they are not true or not relevant to the benefits of barter for entrepreneurs.

The Real Benefit of Barter for the Entrepreneur Is That