Dogs R' Us walked 11 dogs a week this past month. They charge $11 per walk. The company's only expenses incurred during the month were $180 wages, $26 for waste bags, and $18 to repair a broken leash. The wages and leash replacement were paid during the month, but the waste bags were not. What is Dogs R' Us' net income or loss for the month? (Assume four weeks in the month.)

Question

Quizplus · Accepted Answer

Number of dogs walked in a month = 11 x 4 = 44
Total earnings from walking 44 dogs = 44 x $11 = $484
Total expenses incurred = $180 + $26 + $18 = $224
Expenses to be paid = $26 (since waste bags are not paid for yet)
Net income for the month = Total earnings - Total expenses = $484 - $224 = $260

Dogs R' Us Walked 11 Dogs a Week This Past