In conducting an assessment of her accounting firm, Paige discovers the following annual results: average charge per customer = $250; rent = $12,000; total billings = $150,000; employee compensation and benefits = $60,000; and other costs = $110,000. Given these results, Paige's profits would equal
A)a loss of $20,000.
B)a loss of $32,000.
C)$28,000.
D)$40,000.
E)$222,000.

Question

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The Answer of In conducting an assessment of her accounting firm, Paige discovers the following annual results: average charge per customer = $250; rent = $12,000; total billings = $150,000; employee compensation and benefits = $60,000; and other costs = $110,000. Given these results, Paige's profits would equal
A)a loss of $20,000.
B)a loss of $32,000.
C)$28,000.
D)$40,000.
E)$222,000.

In Conducting an Assessment of Her Accounting Firm, Paige Discovers