Scenario 8.1: Ana used to work for a Advertising agency where she earned a yearly salary of $60,000.She got tired of working for another company so she opened his own Advertising company.Ana now pays her designer $40,000 per year and spends $25,000 for rent and utilities.She earns $120,000 in annual revenue.
-Refer to Scenario 8.1.Ana's accounting profit is:
A) $65,000.
B) $55,000.
C) $5,000.
D) $120,000.
Correct Answer:
Verified
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