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Express Barber Gave 410 Haircuts This Past Month

Question 105

Multiple Choice

Express Barber gave 410 haircuts this past month. They charge $15 per haircut. Expenses incurred during the month were $3,900 wages, $318 utilities/water, and $270 shampoo/styling products. $2,900 in wages were paid during the month, the rest of the wages-along with the utilities and shampoo/styling products were not paid during the month. What is Express Barber's net income or loss for the month?


A) Not enough information provided to calculate net income or loss
B) $1,662 net income
C) $2,250 net income
D) $3,250 net income

Correct Answer:

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