The Good Light Is a Store for People Who Enjoy

question 31

Multiple Choice

The Good Light is a store for people who enjoy and collect candles to decorate their homes.Last year its net sales totalled $90,500 with $7,761 in taxes.The value of the candles it sold was $42,300.The only expenses that the operation has are salaries to the owner and one part-time assistant for $27,000,administrative expenses of $400,and utilities at $900.Calculate the net profit after tax for The Good Light.

• A) $12,139
• B) $21,142
• C) $27,661
• D) $54,200
• E) $10,073

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Definitions:

Volley Principle

A theory in auditory neuroscience suggesting that groups of neurons can respond to sound by firing in rapid succession, allowing for the perception of higher frequencies.

Neural Impulses

Electrical signals transmitted along neurons, facilitating communication throughout the nervous system.

Basilar Membrane

A structure in the cochlea of the inner ear, crucial for transforming sound vibrations into neural signals.

Hair Cells

Hair cells are sensory receptors located in the inner ear that detect sound and head motion to convert vibrations into electrical signals for hearing and balance.