Question

Karen’s income last month was 5400. Her cost of goods was 925.00 and her total expenses were 3000 what was Karen’s net income

Answer 1

Karen's net income last month was $1475.

Step-by-step explanation:

Karen's net income can be calculated by subtracting her total expenses and cost of goods from her income. Net income is the amount of money left after deducting all expenses and costs from the total income. In this case, Karen's net income is calculated as follows:

Net Income = Income - (Total Expenses + Cost of Goods)

Net Income = $5400 - ($3000 + $925)

Net Income = $5400 - $3925

Net Income = $1475

Therefore, Karen's net income last month was $1475.