Julie owns a video store. Her monthlyexpenses, including rent, average $1,185. This year she made $34,620 in revenue. What is the difference between her average monthly revenue and her average monthly expenses? HELP
(34,620)/12 - 1185 = $1700 per month
To find the difference between Julie's average monthly revenue and her average monthly expenses, we need to subtract the average monthly expenses from the average monthly revenue.
First, let's calculate the average monthly revenue. Julie made a total of $34,620 in revenue this year. To find the average monthly revenue, we divide the total revenue by the number of months in a year:
Average Monthly Revenue = Total Revenue / Total Number of Months
Since there are 12 months in a year, we divide $34,620 by 12:
Average Monthly Revenue = $34,620 / 12 = $2,885
Now, let's calculate the difference between the average monthly revenue and the average monthly expenses. Julie's monthly expenses average $1,185.
Difference = Average Monthly Revenue - Average Monthly Expenses
Difference = $2,885 - $1,185
Difference = $1,700
Therefore, the difference between Julie's average monthly revenue and her average monthly expenses is $1,700.