Refer to Scenario 9

question 179

Multiple Choice

Refer to Scenario 9.2 below to answer the question(s) that follow.
SCENARIO 9.2: Tom borrowed $40,000 from his parents to open a donut stand. He agrees to pay his parents a 5% yearly return on the money they lent him. His other yearly fixed costs equal $10,000. His variable costs equal $25,000. He sold 40,000 dozen donuts during the year at a price of $2.00 per dozen.
-Refer to Scenario 9.2. Tom's total revenue was

• A) $30,000.
• B) $40,000.
• C) $45,000.
• D) $80,000.

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Definitions:

Cache Memory

A small-sized type of volatile computer memory that provides high-speed data access to the processor and stores frequently used computer programs, applications, and data.

Boot

The process of starting up a computer from a powered-down or off state, involving the loading and initialization of the operating system.

Innovation

The process of creating new ideas, products, or methods, often leading to improvements or significant changes in a particular field.

Hardware Decisions

Refers to the process of choosing the physical components and devices needed for a computer system or network.