Multiple Choice
Fran is considering permanently closing down her beauty salon. A consultant advises her that if she stays open for business, she will have operating revenues of $300,000 and operating costs of $280,000. In addition, Fran has paid $40,000 for fixtures that can be resold for $15,000 after she closes the beauty salon. The value of Fran's beauty salon, if it remains open, is $____.
A) -45,000
B) -35,000
C) -25,000
D) -5,000
Correct Answer:
Verified
Correct Answer:
Verified
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