Scenario 12-8 Ellie Has Been Working for an Engineering Firm and Earning

question 488

Multiple Choice

Scenario 12-8
Ellie has been working for an engineering firm and earning an annual salary of $80,000.She decides to open her own engineering business.Her annual expenses will include $15,000 for office rent,$3,000 for equipment rental,$1,000 for supplies,$1,200 for utilities,and a $35,000 salary for a secretary/bookkeeper.Ellie will cover her start-up expenses by cashing in a $20,000 certificate of deposit on which she was earning annual interest of $500.
-Refer to Scenario 12-8.According to Ellie's accountant,which of the following revenue totals will yield her business $50,000 in profits?

• A) $55,200
• B) $105,200
• C) $132,500
• D) $185,700

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Definitions:

Medication Usage

The act of using drugs or pharmaceuticals as prescribed for treating or managing medical conditions.

Polypharmacy

The concurrent use of multiple medications by a patient, which can increase the risk of adverse drug interactions and complications.

Prescribed Medications

Medicines that are legally ordered by a healthcare professional to manage or treat a specific medical condition.

Presbycusis

Age-related hearing loss, gradually occurring as individuals grow older, affecting the ability to hear higher frequency sounds.