A business reports a net income of −$3,900over a 6-month period.
What is the average income per month for that period?
Responses
−$23,400
negative $23400
−$650
negative $650
$650
$650
$23,400
The correct answer is −$650 or negative $650.
To find the average income per month, we divide the net income of −$3,900 by the number of months in the period (6).
−$3,900 / 6 = −$650
To find the average income per month for a 6-month period with a net income of -$3,900, you need to divide the total net income by the number of months.
Net income = -$3,900
Number of months = 6
Average income per month = Net income / Number of months
Average income per month = (-$3,900) / (6) = -$650
Therefore, the average income per month for that period is -$650 or negative $650.