Eli began operating his own landscaping business as a teenager, learning about costs on day...
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Accounting
Eli began operating his own landscaping business as a teenager, learning about costs on day 1: lawnmowers require gas and oil, and they also require maintenance! In time, he used his experience to adjust his rate of pay to $15/ hour, to better cover his costs. He worked a total of 450 hours this year in his business and recognized expenses of $3,900. (a1) How much profit did Eli earn this year? Profit \$ (a2) Would part of his expenses include COGS/cost of sales? His expenses include COGS
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