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Question 8 (1 point) You are the owner and only employee of a company. Last year, you sold 10,000 boxes of stuff for $15 each.
Question 8 (1 point) You are the owner and only employee of a company. Last year, you sold 10,000 boxes of stuff for $15 each. In order to start your business you had to take $100,000 out of your money market account that was earning 6% interest and invest it in your business. You also had to quit your job that was giving you a salary of $40,000. In operating your business you had to buy $50,000 worth of materials, etc. Your total accounting profit was: 100,000 54,000 150,000 -40,000 Question 9 (1 point) Saved
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