Sunday, December 18, 2011

Do you agree with the account // Finance question?

someone earning a salary of $30,000 a year is considering quiting their job abd opening a dance company. They estimate the annual revenues from the company will be $95,000 and total annual expenses for operating the company, ignoring payment to them sevles, will be $75,000. An Accountant friend advises them to start the company because it is a profitable enterprise. Do you agree???

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