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Scenario 13-9
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 13-9. According to Ellie's accountant, which of the following revenue totals will yield her business $50,000 in profits?
IQ Test
A standardized test designed to measure human intelligence and cognitive abilities in comparison to an average population.
Genetic Disposition
The inherited qualities or tendencies influenced by an organism's genes that can affect various aspects of its phenotype, including health, physical characteristics, and behaviors.
IQ Tests
Standardized tests designed to measure human intelligence and cognitive abilities in various areas.
Genus Homo
The taxonomic genus to which modern humans (Homo sapiens) and closely related species belong, characterized by a larger brain size and capacity for language and tool use.
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