Below Are Some Financial Data for the Do Drop in Convenience

question 26

Multiple Choice

Below are some financial data for the Do Drop In convenience store.
The owners have put $40,000 into the business and they worked a total of 80 hours during the week.Savings accounts are currently paying 5.2% interest and the going wage rate is $8 per hour.
-Refer to the information above to answer this question.What is the week's economic profit for the Do Drop In?

• A)-$320.
• B)-$40.
• C)$280.
• D)$320.
• E)$1,050.

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Definitions:

Labour Relations

The study and practice of managing relationships between employers and employees, often focusing on collective bargaining, worker rights, and dispute resolution.

Emergent Role

A role that is not officially designated but develops naturally based on group dynamics and individual strengths within a team.

Designated Role

The officially assigned role or responsibility given to an individual in a group or organization, typically outlined in a job description.

Formal Organizational Status

The officially recognized position or rank of an entity within an organizational structure.