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Application of Skills Directions: Apply the Knowledge You Have Gained from Chapter 8

question 20

Multiple Choice

Application of Skills
Directions: Apply the knowledge you have gained from Chapter 8 to select the best answer to the questions about the following reading passage.
?Just Another Night
¹ It was just another night at the frat house. The drinking started early and usually didn't stop until dawn. One of my brothers, a popular easy-going guy named Ryan-not usually much of a drinker-was celebrating a big birthday: his twenty-first. Egged on by the hooting crowd, Ryan bolted down one drink after another, after another, after another.
² By the time Ryan reached 12 drinks, he was slurring his words. As he kept chugging drinks, his face looked flushed; he started sweating heavily. When Ryan lurched to his feet, he swayed unsteadily for a few moments and then collapsed. At first everyone laughed. Then we tried to revive him. We couldn't.
³ "He's not breathing!" I shouted. Someone called 911, and paramedics rushed Ryan to the nearest hospital. His blood-alcohol concentration was several times above the legal limit.Despite intensive efforts by the medical team, nothing helped. Ryan's twenty-first birthday was his last. Our party was over.
-adapted from Hales, An Invitation to Health: Choosing to Change , p. 377
In the first paragraph of the passage, the "hooting crowd" is a sensory detail to recreate:?

Definitions:

Withdrawals

Withdrawals refer to the act of taking out cash or assets from a business by its owners for personal use, impacting the owner's equity.

Capital balances

The amount of money that partners or owners have invested in a business minus any withdrawals they have made from the business.

Profits

The financial gain obtained when revenues generated from business activities exceed the expenses, costs, and taxes needed to sustain those activities.

Losses

Financial conditions reflecting that expenses have exceeded revenues, resulting in a negative net income.