A firm has sales of $131,000 and inventory of $12,200. The common-size income statement lists cost of goods sold at 67 percent and depreciation at 5 percent. How long on average does it take the firm to sell its inventory

Andrew owns a store in polk county. his trade extends throughout river city, but not beyond the county limits. he sells his store to betty and, as part of the transaction, agrees not to engage in the same business anywhere in river city for a period of five years. a. the time restraint is likely reasonable. b. the geographic restraint is likely reasonable. c. the agreement likely violates antitrust laws and the provision is not enforceable. d. both (a) and (b).