8
QuizMultiple Choice

Break-Even Analysis — Unit test

Question 8 • FowU - Financial Math - B

Last month, Korey’s Comics had a gross profit of $2,385 with a monthly revenue of $3,465. Korey expects similar sales this month, but he would like to build up his in-store browsing selection, and purchases an additional assortment of comic books that costs him $625. The new assortment of comics will not arrive until next month. How does this transaction affect Korey’s gross profit for this month?a.This transaction will decrease Korey’s gross monthly profit by $625.b.This transaction will increase Korey’s gross monthly profit by $625.c.This transaction will decrease Korey’s gross monthly profit by $1,760.d.This transaction will increase Korey’s gross monthly profit by $1,760.

Answer
A
A
B
B
C
C
D
D
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