Ben runs a bakery, and in the recent year his total revenue was $200,000. The...
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Accounting
Ben runs a bakery, and in the recent year his total revenue was $ The bakery did not hire any employee, and its all expenses of materials, rents, utilities, etc., added up to $ Ben uses his own savings of $ as the initial investment for the business, which could otherwise yield interest income in the bank. Ben used to be a skilled chef, and he earned $ a year before he started this bakery.
According to the above information, answer the following questions.
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