Last Year Christine Worked as a Consultant

question 56

Multiple Choice

Last year Christine worked as a consultant. She hired an administrative assistant for $15,000 per year and rented office space (utilities included) for $3,000 per month. Her total revenue for the year was $100,000. If Christine hadn't worked as a consultant, she would have worked at a real estate firm earning $40,000 a year. For Christine to earn a normal profit as a consultant, her accounting profit would have to be ________.

• A)$51,000
• B)$40,000
• C)$9,000
• D)$0

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Definitions:

Nonskid Mat

A type of mat designed to reduce slipping on surfaces, enhancing safety.

Grab Bars

Safety devices installed in bathrooms or other areas to help individuals maintain balance or prevent falls.

Clutter and Spills

Environmental hazards that can lead to accidents, such as tripping or slipping, particularly in healthcare or living spaces.

Nonskid Slippers

Footwear designed with a grip-enhancing sole to prevent slips and falls, commonly used in healthcare settings for patient safety.