TEAS Test Practice Math Related

Review TEAS Test Practice Math related questions and content

If a business's operating expenses are $130,000 per month, how much money does the company spend on employee wages and benefits?

  • A. $43,333.33
  • B. $86,666.67
  • C. $52,000.00
  • D. $78,000.00
Correct Answer: B

Rationale: To calculate the amount spent on employee wages and benefits, we need to find two-thirds (2/3) of the total operating expenses of $130,000. This equals $86,666.67, which is the correct answer. Choice A ($43,333.33) is incorrect as it represents one-third of the total expenses. Choice C ($52,000.00) and Choice D ($78,000.00) are also incorrect as they do not correspond to two-thirds of the total operating expenses.