Business, 01.12.2019 14:31 leslylinares454

Lauren is trying to find her net income. she used the statement and the steps shown.

step 1

list all income, including tips and commissions, and list all expenses, including food, entertainment, and clothing.

step 2

total all the income. then total all the expenses.

step 3

add the total of the income and the expenses.

which explains lauren’s error?

lauren made an error in step 1 because she should not include tips and commissions in her income.

lauren made an error in step 1 because she should not include entertainment in her expenses.

lauren made an error in step 2 because she does not need to total the expenses.

lauren made an error in step 3 because she should have subtracted the expenses from the income.

Answers: 1

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Lauren is trying to find her net income. she used the statement and the steps shown.

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