Laura's Pizza Place Incurs $800,000 Per Year in Explicit Costs

question 48

Multiple Choice

Laura's Pizza Place incurs $800,000 per year in explicit costs and $100,000 in implicit costs.The restaurant earns $1.3 million in revenues.Based on this information,what is accounting profit for Laura's Pizza Place?

• A)$200,000
• B)$400,000
• C)$500,000
• D)$900,000

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Definitions:

D-Ribose

A pentose (five-carbon sugar) that plays a vital role in the metabolism of nucleic acids in cells.

Dihydroxyacetone

A simple saccharide (C3H6O3) used in cosmetic products, particularly in sunless tanning products, as it can cause skin darkening through reaction with the skin proteins.

D-Fructofuranose

A monosaccharide sugar, a structural form of fructose with a five-membered ring structure.

Ketoses

A type of monosaccharide (simple sugar) that has its carbonyl group (C=O) located at an internal carbon atom, making it a ketone.