Below Are Some Financial Data for the Do Drop in Convenience

question 4

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.According to an accountant,what is the week's profit for the Do Drop In?

• A)-$230.
• B)$230.
• C)$360.
• D)$450.
• E)$960.

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Definitions:

Segments

In marketing, it refers to subsets of a market made up of people or organizations with one or more characteristics that cause them to demand similar product and/or services based on qualities like interests, needs, or location.

Demographic Segmentation

The process of dividing a market into smaller groups based on demographic factors such as age, income, gender, or education.

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Untapped Group

A segment of the market or population that has not yet been addressed or utilized by businesses in their marketing campaigns or product offerings.