Question

Need help I'm 10


A new clothing store had expenses of $60,000 for designing and building the shelves and counters and $140,000 for the first year's inventory. So far this year, the store has sales of $80,000.

What do the sales for the rest of the year have to be for the store to break even?

A.
$60,000

B.
$120,000

C.
$140,000

D.
$200,000

Answer 1

A

Answer 2

Thanks

Answer 3

your welcome

Answer 4

B is the right answer
First add expenses as negative numbers
-60,000 + (-140,000) = -200,000
Since the expenses are $200,000, the store needs to sell $200,000 in clothes to break even. You know they have already sold $80,000 worth, so you can set up an equation and solve for the missing dollar amount they need to sell:
80,000 + s = 200,000
s = 200,000 - 80,000
s = 120,000
The store needs to sell $120,000 more in clothes to break even.