Harvey Quit His Job at State University, Where He Earned

question 320

Multiple Choice

Harvey quit his job at State University, where he earned $45,000 a year. He figures his entrepreneurial talent or forgone entrepreneurial income to be $5,000 a year. To start the business, he cashed in $100,000 in bonds that earned 10 percent interest annually to buy a software company, Extreme Gaming. In the first year, the firm sold 11,000 units of software at $75 for each unit. Of the $75 per unit, $55 goes for the costs of production, packaging, marketing, employee wages and benefits, and rent on a building.The total revenues of Harvey's firm in the first year were

• A)$220,000.
• B)$105,000.
• C)$605,000.
• D)$825,000.

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Definitions:

Cornea

The transparent front part of the eye that covers the iris, pupil, and anterior chamber, responsible for focusing most of the light entering the eye.

Eyedropper Position

The correct way to hold and use an eyedropper for administering medication directly into the eye.

Aspiration Risk

The potential danger of inhaling food, liquid, or foreign objects into the lungs, which can cause choking or respiratory complications.

Prone Position

Lying flat with the face and torso facing down, opposite of the supine position.