Refer to Scenario 9

question 164

Multiple Choice

Refer to Scenario 9.7 below to answer the question(s) that follow.
SCENARIO 9.7: Julio borrowed $80,000 from his great aunt to open a coffee stand at a local flea market. He agrees to pay his great aunt a 5% yearly return on the money she lent him. His other yearly fixed costs equal $16,000. His variable costs equal $60,000. He sold 50,000 cups of coffee during the year at a price of $3.00 per cup.
-Refer to Scenario 9.7. Julio's total revenue is

• A) $60,000.
• B) $80,000.
• C) $100,000.
• D) $150,000.

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Definitions:

Reading Employees' Needs

The ability of managers or leaders to understand and address the various personal and professional requirements or desires of their employees.

Negative Affect

An individual’s tendency to accentuate the negative aspects of himself or herself, other people, and the world in general.

Self-monitoring

The process of observing and regulating one's own behavior in social situations, often to adjust or adapt to the social environment or norms.

Behavioral Measures

Personality assessments that involve observing an individual’s behavior in a controlled situation.