If I open a bake shop and give away product to attract customers do I deduct it's wholesale value or it's retail value? I mean I would just be losing out on the wholesale cost, but for taxes or projections do I also factor in the lost revenue that I would make from it's retail value?
One is the real cost to put them out there, the other is lost income, so do I list the lost income?
I'm asking from a perspective of doing taxes, as well as for how it would apply to doing business plan projections.
Thanks in advance for your time.
2007-06-27
07:23:42
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3 answers
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asked by
Luis
6