Kyle is a college student who works during the summer to pay for tuition. Last summer he worked at a fast-food restaurant and earned $2,500. This summer he is working as a painter and will earn $4,000. To do the painting job, Kyle had to spend $200 on supplies. What is Kyle's accounting profit

Respuesta :

Based on the amount Kyle earned and his costs, Kyle's accounting profit is $3,800.

What is Kyle's Accounting profit?

This can be found by the formula:

= Amount he is paid as painter - Cost of painting supplies

Solving gives:

=  4,000 - 200

= $3,800

In conclusion, his accounting profit is $3,800.

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