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

[javeds]

Thanks

[wshriver]

Welcome

[schs14]

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 operating profit is

◦ -$10,000.
◦ $40,000.
◦ $70,000.
◦ $80,000.

[kardosa007]

$40,000.

[ARLKQ]

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 operating profit is

◦ -$10,000.
◦ $40,000.
◦ $70,000.
◦ $80,000.

[whitcassie]

$40,000.

[ARLKQ]

TY

[whitcassie]

You're welcome