Sonya quit her $65,000 a year corporate lawyer job to open her own law practice. In Sonyas
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Question:
Sonya quit her $65,000 a year corporate lawyer job to open her own law practice. In Sonya’s first year in business, her total revenue equaled $150,000. Sonya’s explicit cost during the year totaled $85,000. What is Sonya’s accounting profit for her first year in business?
A) $0
B) $20,000
C) $65,000
D) $85,000
Related Book For
Finite Mathematics and Its Applications
ISBN: 978-0134768632
12th edition
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
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