Consider the following income statement for the first year of operations for Anna's Sandwich Shop. Income Statement: Anna's Sandwich Shop Revenue Expenses $2,600| 850 Total sandwich sales $25,600...


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Consider the following income statement for the first year of operations for Anna's Sandwich Shop.<br>Income Statement: Anna's Sandwich Shop<br>Revenue<br>Expenses<br>$2,600|<br>850<br>Total sandwich sales<br>$25,600 Bread<br>Condiments<br>|Vegetables<br>450<br>Meat<br>950<br>Rent<br>2500<br>Insurance<br>1200<br>Total Revenue<br>S25,600<br>Total Expenses<br>$8,550<br>Anna withdrew $25,000 from her savings account last year to open the business after quitting her job as an<br>equity analyst. Her annual salary was $125,000 and her bank pays 4.5% interest on saving accounts.<br>An accountant would calculate Anna's profit to be:<br>

Extracted text: Consider the following income statement for the first year of operations for Anna's Sandwich Shop. Income Statement: Anna's Sandwich Shop Revenue Expenses $2,600| 850 Total sandwich sales $25,600 Bread Condiments |Vegetables 450 Meat 950 Rent 2500 Insurance 1200 Total Revenue S25,600 Total Expenses $8,550 Anna withdrew $25,000 from her savings account last year to open the business after quitting her job as an equity analyst. Her annual salary was $125,000 and her bank pays 4.5% interest on saving accounts. An accountant would calculate Anna's profit to be:

Jun 10, 2022
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