Future Business Leaders of America (FBLA) Business Calculations Practice Test

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Dive into the FBLA Business Calculations Test. Sharpen your analytical skills with multiple-choice questions and gain insights with detailed explanations. Excel in your exams!

Practice this question and more.

Sue's annual salary is $44,000. What is her monthly gross income?

$3,666.67
$2,552.75
$3,384.62
$2,750.00

The correct answer is: $3,666.67

To determine Sue's monthly gross income from her annual salary, you need to divide the annual figure by the number of months in a year. Since there are 12 months in a year, the calculation is as follows: $44,000 (annual salary) ÷ 12 (months) = $3,666.67. This figure represents her gross income per month before any deductions, such as taxes or benefits. It accurately reflects how much she earns each month, which is important for budget planning and understanding her financial situation. Other options do not match the correct calculation. Each of those figures represents different incorrect monthly income estimates that do not result from simply dividing the annual salary by 12 months.