A retailer's average monthly sales are $130,000.If its monthly sales index for January is 72,January's sales are $72,000.

Name: A retailer's average monthly sales are $130,000.If its monthly sales index for January is 72,January's sales are $72,000.
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Quizplus · Accepted Answer

The monthly sales index of 72 means that January's sales were 72% of the retailer's average monthly sales, not a flat $72,000. To find January's actual sales, you would need to multiply the average monthly sales by the index: $130,000 x 0.72 = $93,600.

A Retailer's Average Monthly Sales Are $130,000