At Westonci.ca, we provide reliable answers to your questions from a community of experts. Start exploring today! Discover a wealth of knowledge from professionals across various disciplines on our user-friendly Q&A platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

suppose winston's annual salary as an accountant is $60,000 and his financial assets generate $4,000 per year in interest. one day, after deciding to be his own boss, he quits his job and uses his financial assets to establish a consulting business, which he runs out of his home. he outlays $8,000 in cash to cover all the costs involved with running the business and earns revenues of $150,000. what is winston's accounting profit?

Sagot :