Refer to Scenario 7.6 below to answer the question(s) that ...

[jazziefee]

Refer to Scenario 7.6 below to answer the question(s) that follow. 

SCENARIO 7.6: Upon graduating with an accounting degree, you open your own accounting firm of which you and your assistant are the only employees. To start the firm you passed on a job offer with a large accounting firm that offered you a salary of $50,000 annually. Last year you earned a total revenue of $120,000. Rent and supplies last year were $50,000. Your assistant's salary is $30,000 annually.





Refer to Scenario 7.6. Your annual economic costs are

◦ $50,000.
◦ $80,000.
◦ $100,000.
◦ $130,000.

[bfulkerson77]

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[mikaylakyoung]

Refer to Scenario 7.6 below to answer the question(s) that follow. 

SCENARIO 7.6: Upon graduating with an accounting degree, you open your own accounting firm of which you and your assistant are the only employees. To start the firm you passed on a job offer with a large accounting firm that offered you a salary of $50,000 annually. Last year you earned a total revenue of $120,000. Rent and supplies last year were $50,000. Your assistant's salary is $30,000 annually.





Refer to Scenario 7.6. Your annual economic costs are

◦ $50,000.
◦ $80,000.
◦ $100,000.
◦ $130,000.

[s.meritte]

$130,000.

[mikaylakyoung]

Thank you!

[s.meritte]

Always glad to help...

[Pineappleeh]

Refer to Scenario 7.6 below to answer the question(s) that follow. 

SCENARIO 7.6: Upon graduating with an accounting degree, you open your own accounting firm of which you and your assistant are the only employees. To start the firm you passed on a job offer with a large accounting firm that offered you a salary of $50,000 annually. Last year you earned a total revenue of $120,000. Rent and supplies last year were $50,000. Your assistant's salary is $30,000 annually.





Refer to Scenario 7.6. Your annual economic profit is

◦ -$10,000.
◦ $20,000.
◦ $40,000.
◦ $70,000.

[kjo;oj]

-$10,000.

[javeds]

Refer to Scenario 7.6 below to answer the question(s) that follow. 

SCENARIO 7.6: Upon graduating with an accounting degree, you open your own accounting firm of which you and your assistant are the only employees. To start the firm you passed on a job offer with a large accounting firm that offered you a salary of $50,000 annually. Last year you earned a total revenue of $120,000. Rent and supplies last year were $50,000. Your assistant's salary is $30,000 annually.





Refer to Scenario 7.6. Your annual economic profit is

◦ -$10,000.
◦ $20,000.
◦ $40,000.
◦ $70,000.

[wshriver]

-$10,000.