Profit and Banks LSEA

Multiple Select

Which statements describe a service a bank can provide?

Select TWO statements.

• Provide stamps

• Cash checks

• Mail packages

• Provide loans

• Give away fee money

Multiple Choice

The table shows an artist’s expenses for the past 3 months.

Which statement is true?

• Paint and Canvas are both variable expenses.

• Canvas was a fixed expense, but paint was a variable expense.

• Canvas and paint are both variable expenses.

• Canvas was a variable expense, but paint was a fixed expense

Dropdown

Amanda’s monthly expenses streaming subscriptions were $27 every month last year.



Amanda’s streaming subscriptions are ​

Select answer

.     

Multiple Choice

Which of these services is NOT provided by a financial institution such as a bank?

• Providing loans to customers.

• Providing cash when customers make a withdrawal.

• Informing customers how much money they need to save or spend.

• Informing customers how much money is in their account.

Match

Match the following

• Expenses that occur regularly and remain the same.

• A place, such as a bank or credit union, which provides financial services.

• Costs that vary in amount and frequency.●Expenses that vary or change depending on a person’s need.

• To give money to a borrower with an expectation of repayment

• An amount calculated by subtracting one’s expenses from one’s income.

Fixed expense

Financial Institution

Variable Expense

Lend

Profit

• Fixed expense

• Financial Institution

• Variable Expense

• Lend

• Profit

Drag and Drop

Frank sold handmade paintings.

●Frank’s expenses were $100.

●Frank sold 10 paintings for $20 each.

Frank’s profit was​

Placeholder

.

Drag these tiles and drop them in the correct blank above

$100

$80

$70

$300

Multiple Choice

Jenn buys and sells furniture. She purchased a dresser, a chair, and a table for a total of $175.00. She then sold each item for the price shown in the list.

●She sold the dresser for $85

●She sold the chair for $120

●She sold the table for $150

●

What was Jenn’s profit after selling the dresser, chair, and table.

• $445

• $355

• $270

• $180

Math Response

25 - 2.45=

Type answer here

Correct Answer: 22.55

Deg^°

Rad