The Compagnie Naturelle sells mounted butterflies, using butterfly bait it buys from another firm for $20,000. It pays its workers $35,000, pays $1,000 in taxes, and has profits of $3,000. What is its value added? $3,000 $59,000 $19,000 $39,000
Added by Purificaci-N L.
Step 1
Total expenses = $20,000 (butterfly bait) + $35,000 (worker salaries) + $1,000 (taxes) = $56,000 Show more…
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