Question 32 Shiram and Hendrietta are excited! They are about to celebrate their first anniversary as entrepreneurs. The annual sales at their Sparkling Car detailing business was $18,245. Shiram and Hendrietta spent $410.00 each month for gas. Their other monthly expenses were $250 for supplies, $220 for insurance, $50 for the ad maintained on Craigslist, and $200 for a self-storage unit. Sometimes, they use the self-storage unit to detail high end vehicles. They are particularly proud of their efforts because they were able to conduct the business without hiring employees. Shiram and Hendrietta are wondering if they fulfilled the first responsibility of business, which is to be profitable. Choose the correct response from the choices shown below. More information is needed to determine the correct response. 2 pts O They incurred a loss of $4,685. They earned a profit of $17,115. They incurred a loss, but the correct amount is not included as one of the choices. They earned a profit, but the correct amount is not included as one of the choices.

Shiram and Hendrietta are excited! They are about to celebrate their first anniversary as entrepreneurs. The annual sales at their Sparkling Car detailing business was $18,245. Shiram and Hendrietta spent $410.00 each month for gas. Their other monthly expenses were $250 for supplies, $220 for insurance, $50 for the ad maintained on Craigslist, and $200 for a self-storage unit. Sometimes, they use the self-storage unit to detail high end vehicles. They are particularly proud of their efforts because they were able to conduct the business without hiring employees. Shiram and Hendrietta are wondering if they fulfilled the first responsibility of business, which is to be profitable. Choose the correct response from the choices shown below. More information is needed to determine the correct response. They incurred a loss of $4,685. They earned a profit of $17,115. They incurred a loss, but the correct amount is not included as one of the choices. They earned a profit, but the correct amount is not included as one of the choices