\begin{tabular}{l} 1) Lauren runs a chili restaurant in San Francisco. Her total revenue \\ last year equaled \( \$ 111,000 \). The rent on her restaurant totaled \\ \( \$ 48,000 \). Her labor costs totaled \( \$ 43,000 \). Her materials, food and \\ other variable costs totaled \( \$ 19,000 \). An accountant calculates \\ Lauren's profit as _- \\ OA) incurred a loss of \( \$ 1,000 \). \\ \hline OB) earned a profit of \( \$ 1,000 \). \\ \hline OC) incurred a loss of \( \$ 111,000 \). \\ \hline OD) earned a profit of \( \$ 111,000 \). \\ \hline\end{tabular}
Solución de inteligencia artificial de Upstudy
Responder
Solución

¡Inicia sesión para desbloquear respuestas gratis!
Una plataforma de aprendizaje en la que confían millones de estudiantes y profesores reales.

Respondido por UpStudy AI y revisado por un tutor profesional
The Deep Dive
Lauren's total expenses amount to \( \$ 48,000 + \$ 43,000 + \$ 19,000 = \$ 110,000 \). To find her profit, subtract the total expenses from the total revenue: \( \$ 111,000 - \$ 110,000 = \$ 1,000 \). So, her profit is \( \$ 1,000 \). In real-world business scenarios, understanding your profit is crucial for sustainability. Many small businesses face similar calculations, and having a clear grasp on costs versus revenue can help you make informed decisions. If Lauren had focused on managing her variable costs a bit better or optimized her labor expenses, she might have increased her profit margin even more!
