Exciting Profit Distribution at Liam and Amelia's Pet Store!

Who will receive the $60,000 in profit?

A. The three of them Liam, Amelia, and Olivia will share the profits.

B. Just Olivia

C. No one, they had a loss of $40,000

D. Liam and Amelia

Answer:

The $60,000 in profit will be received by the owners of the store, Liam and Amelia.

Are you curious to know who will be receiving the $60,000 profit at Liam and Amelia's pet store? The wait is over! The lucky recipients of the profit are none other than the hardworking owners, Liam and Amelia themselves!

Profit distribution in a business is always an exciting moment, especially when the revenues exceed the costs by a significant margin. In this case, the total revenues for this year amount to $300,000, while the costs incurred stand at $240,000, leaving a handsome profit of $60,000.

Liam and Amelia, who each invested $100,000 into the store, will be reaping the rewards of their dedication and hard work. As owners of the business, it is only fitting that they receive the profit, which is the financial gain obtained when revenues surpass the costs.

While Olivia, the dedicated employee earning $28,000 per year, plays a vital role in the store's operations, she is not entitled to a share in the profits as it is the owners who typically receive the financial gains in businesses.

So, congratulations to Liam and Amelia on a successful year at their pet store! The $60,000 profit is a testament to their efforts and dedication to the business.