BUISENESS MANAGEMENT
RECORD KEEPING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The Landry’s records for September, October, and November show that their expenditures totaled $2, 567.05, $2, 678.16, and $2, 781.57, respectively. What is their average monthly expenditure for the three months?
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$668.90
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$2, 006.70
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$2, 657.59
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$8, 026.78
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Explanation:
Detailed explanation-1: -To get the average, add up the amount of money spent for 12 consecutive months, then divide by 12. This will give an average of how much has been spent per month. Calculating average monthly expenses requires actual or estimated figures for all monthly costs.
Detailed explanation-2: -Gasoline accounts for 16% of transportation costs-the average amount spent on gas per month is $131.
There is 1 question to complete.