24
QuizMultiple Choice

Topic Test

Question 24 • FowU - Financial Math - B

At his comic book store, Korey’s Comics, Korey sells approximately $3,250 in comic books each month. But as a comic book dealer, Korey only pays $1,285 for these comic books. Korey’s monthly operating expenses, including labor, are $875. Calculate Korey’s monthly net income.

Answer
A
$1,090
B
$1,965
C
$2,375
D
$2,840

Explanation

Subtract the cost of the comic books and monthly operating expenses from sales revenue: $3,250 − $1,285 − $875 = $1,090. Korey’s monthly net income is $1,090, which is choice A.

AI-written and checked against the verified answer.

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