Which of the following transactions and events would result in an improvement in Interest Coverage Ratio in year 2022?
2021 - 12.65 times
2022 - 10.92 times
a. the consumption of a prepaid expense from the previous period
b. the identification of an uninsured inventory loss
c. receiving cash for unearned sales revenue
d. A and B only
e. A and C only
f. B and C only
g. All of the above
h. None of the above
Answers
Option E: A and C only would result in an improvement in the Interest Coverage Ratio in year 2022.
The Interest Coverage Ratio, which measures a company's ability to cover its interest expenses with its operating income, can be improved through certain transactions and events.
A. The consumption of a prepaid expense from the previous period (Option A) would improve the Interest Coverage Ratio by reducing expenses and increasing the operating income available to cover interest costs.
C. Receiving cash for unearned sales revenue (Option C) would also improve the Interest Coverage Ratio as it increases the company's operating income and provides additional funds to cover interest expenses.
Options B, D, F, and H do not directly contribute to improving the Interest Coverage Ratio.
Therefore, only options A and C (the consumption of a prepaid expense and receiving cash for unearned sales revenue) would result in an improvement in the Interest Coverage Ratio in year 2022.
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Related Questions
Explain your approach in energy audits in third world countries. In your explanation give give evidence how other countries and companies have implemented the need for energy audits as a business. Also SWOT analysis of implementing energy audits in countries
Answers
The strategy is to increase awareness, set policies, develop capacity, carry out pilot projects, give financial support, and track results. Examples include mandated energy audit programmes in the UK and Germany.
Global energy audit services are provided by businesses like Siemens and Schneider Electric. SWOT evaluation Cost savings and sustainability are its strengths. Lack of knowledge and resources are its weaknesses. Opportunities to bring in investments and achieve goals; Resistance and political instability are threats. Energy audits have the potential to increase energy efficiency and sustainability, but overcoming obstacles calls for all-encompassing policies and cooperation between national and international agencies.
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Does Susan qualify to receive free tax filing software?
Answers
Yes because she earns less than 72,000 Susan qualifies to receive free tax filing software.
What is the importance of filing taxes?Individuals who earn a certain amount of annual income are required by law to file a tax return by a specific deadline. Individuals must pay the calculated tax. Failure to pay tax will result in penalties from the Income Tax Department.
Taxpayers with an adjusted gross income (AGI) of $73,000 or less are eligible for a free federal tax return. Free File Fillable Forms are electronic federal tax forms that are the same as paper Form 1040. You should be able to prepare your own tax returns using form instructions and, if necessary, IRS publications.
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Ski Shop sells a pair of skis to Tammy. When Tammy uses the skis, they snap in two. The cause is something that the seller did not know about and could not have discovered. This is a breach of - the implied duty of inspection
- the implied warranty of merchantability,
- an express warranty.
- none of the choices.
Answers
As the cause is something that the seller did not know about and could not have discovered, this is a breach of the implied warranty of merchantability.
The implied warranty of merchantability is an automatic guarantee that applies to all sales of goods made by merchants who are in the business of selling such goods.
It implies that the goods sold are reasonably fit for their ordinary purpose, are of a quality and condition that is normal for similar goods, and are adequately packaged and labeled.
In this case, the skis sold by the Ski Shop were not fit for their ordinary purpose because they broke when Tammy used them, despite the fact that the seller could not have known about the cause of the break. As such, this constitutes a breach of the implied warranty of merchantability.
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PLEASE HELP! What is income??
Answers
Answer:
Income is money that you receive usually after doing work.
Explanation:
Gross Income is income before taxes and expenses, while net income is income after expenses and is your profit margin.
Where do you report a stolen credit card to efta standards or pci standards
Answers
A merchant's PCI DSS compliance can be confirmed using the PCI Report on Compliance. The PCI DSS's standards and procedures were created to increase the security of credit card-based transactions and safeguard cardholder data from fraud and other unauthorized uses of their personal data.
To protect cardholders' private information and boost the security of transactions involving credit, debit, and cash cards, the Payment credit card Industry Data Security Standard (PCI DSS) is a well-known set of rules. PCI Compliance is NOT a one-time project but an ongoing practise. Merchants (the Business Owner) are in charge of overseeing the finances of their company's activities.
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which political party made social justice, community-based economics, feminism, and diversity central to its platform?
Answers
The political party that made social justice, community-based economics, feminism, and diversity central to its platform is the Democratic Party. The Democratic Party is one of the two major political parties in the United States, alongside the Republican Party.
The Democratic Party in the United States has consistently emphasized these principles in its platform. Social justice refers to the promotion of equality and fairness in society, ensuring that individuals have equal access to opportunities and resources. Community-based economics focuses on supporting local economies and empowering communities through policies that promote economic growth, job creation, and small businesses. Feminism involves advocating for gender equality and women's rights, including reproductive rights, equal pay, and combating gender-based discrimination. Diversity encompasses recognizing and valuing the contributions and perspectives of individuals from different backgrounds, ethnicities, religions, and sexual orientations. The Democratic Party has historically supported policies and legislation aimed at advancing these values, although it's important to note that the specific platform can evolve over time as the party responds to changing societal needs and priorities.
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How is net pay different from gross pay? Someone please answer in at least 4 sentences explaining! Will be marking brainiest.
Answers
Employee's gross pay is their compensation before taxes, benefits, and other payroll deductions are subtracted. After all, withholdings are removed, net pay, also known as take-home pay, is the amount left over.
What are Gross pay and Net pay?The gross pay of an employee is the amount earned before taxes, benefits, and other payroll deductions are removed from their compensation. Net pay is the amount left over after all withholdings are removed.
Your net salary, often known as your take-home pay, is the amount of money you get after all deductions. The CTC is reduced by income tax, professional tax, Public Provident Fund (PPF), and other deductions. The net wage is frequently lower than the gross wage.
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the alocholic beverages in a private club are
Answers
Answer:
The alcohol beverages in a private club are owned by the members. Further explanation: A private club is referred to as a place to mingle and meet with individuals of similar interests. In a private club, anyone cannot just enter or join.
Explanation:
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The notation is Y = GNP = national income C = consumption I = private investment G = government spending X = exports M = imports T = taxes There is an intimate relationship between a country's BCA and how the country finances its domestic investment and pays for government expenditures. Given this, which of the following is a true statement? Multiple Choice All of the options If (S − I) < 0, it implies that a country's domestic savings is insufficient to finance domestic investment. If (T − G) < 0, it implies that a country's tax revenue is insufficient to finance government spending. When BCA is negative, it implies that government budget deficits and/or part of domestic investment are being finance with foreign-controlled capital.
Answers
The true statement is D. When BCA is negative, it implies that government budget deficits and/or part of domestic investment are being financed with foreign-controlled capital.
The above statement is based on the intimate relationship between a country's Balance of the Current Account (BCA) and how the country finances its domestic investments and pays for government expenditure.
Explanation:
National income = Y = GNP
Consumption = C
Private Investment = I
Government spending = G
Exports = X
Imports = M
Taxes = T
Therefore, the BCA = X-M = (S-1) + (T – G)
Where BCA = Balance of Current Account
Thus, the Balance of the Current Account (BCA) should be positive to avoid deficit-financing of government budgets.
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Scarlet Company received an invoice for $54,000.00 that had
payment terms of 1/5 n/30. If it made a partial payment of
$16,900.00 during the discount period, calculate the balance of the
invoice.
Answers
The balance of the invoice after making a partial payment of $16,900.00 during the discount period is calculated by subtracting the partial payment from the total invoice amount. Therefore, the balance of the invoice is $37,100.00.
To calculate the balance of the invoice, we need to subtract the partial payment made during the discount period from the total invoice amount.
Total invoice amount: $54,000.00
Partial payment made during the discount period: $16,900.00
Since the payment terms are 1/5 n/30, it means that a discount of 1% can be applied if the payment is made within 5 days. Otherwise, the full amount is due within 30 days.
Partial payment made during the discount period = (Total invoice amount) x (Discount percentage)
$16,900.00 = $54,000.00 x (0.01)
Now, we can calculate the balance of the invoice:
Balance = Total invoice amount - Partial payment made during the discount period
Balance = $54,000.00 - $16,900.00
Balance = $37,100.00
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Laurel contributed equipment worth $200,000, purchased 10 months ago for $250,000 cash and used in her sole proprietorship, to Sand Creek LLC in exchange for a 15 percent profits and capital interest in the LLC. Laurel agreed to guarantee all $15,000 of Sand Creek’s accounts payable, but she did not guarantee any portion of the $100,000 nonrecourse mortgage securing Sand Creek’s office building. Other than the accounts payable and mortgage, Sand Creek does not owe any debts to other creditors.a. What is Laurel’s initial tax basis in her LLC interest?
b. Laurel’s holding period in the partnership interest begins the day the LLC interest is acquired. True or False?c. What is Sand Creek’s initial basis in the contributed property?
d. What is Sand Creek’s holding period in the contributed property?
Answers
Answer:
A. $280,000
B. TRUE
C. $250,000
D. 10 MONTHS
Explanation:
a. Calculation for the initial tax basis of Laurel’s
Using this formula
Initial tax basis=Equipment Basis +Accounts payable+Nonrecourse mortgage
Let plug in the formula
Initial tax basis= $250,000+ $15,000+(15%*$100,000 )
Initial tax basis=$250,000+ $15,000+$15,000
Initial tax basis= $280,000
Therefore the Initial tax basis will be $280,000
b. TRUE. The holding period begins or start the day the interest was acquired reason been that the equipment which is the asset that Laurel contributed is not in anyway a capital.
c. Based on the information given the initial basis in the property that was contributed will be the amount of $250,000
d. Based on the information given the holding period in the property that was contributed is 10 MONTHS reason been that we were told that the equipment which Laurel contributed was worth the amount of $200,000 which was purchased 10 MONTHS ago for the amount of $250,000 to Creek LLC for the exchange of profit as well as the capital interest in the LLC of 15% .
You just received your financial aid offer and you see that you’ve been offered a Direct Subsidized Loan and a Direct Unsubsidized Loan. Assuming you accept both loans, explain how interest is handled differently between these two types of loans and how that can impact your monthly payments.
Answers
The way that interest is handled in Direct Subsidized Loan and a Direct Unsubsidized Loan is that:
Interest accrues (additionally) on loans with daily interest every day. You are not liable for paying the interest that accrues while you are in school if your loans are subsidized. Even when you're in school, if your loans are unsubsidized, you're still responsible for paying all accumulated interest.
While you are enrolled in school at least half-time or even during deferment periods, interest on your subsidized loans does not accrue.
Have interest-bearing loans, subsidized or unsubsidized?Subsidized loans clearly prevail when compared to unsubsidized loans. A subsidized loan will save you money throughout the course of the loan if you are eligible for one. You will pay less in interest costs. Nevertheless, not everyone will be eligible for a subsidized loan.
While enrolled at least half-time in school or during deferment periods, interest is not charged on subsidized loans. Loans that aren't based on financial need are known as unsubsidized loans, and they are available to both undergraduate and graduate students.
Therefore, with the use of a subsidized direct loan, the lender or government (for Federal Direct Subsidized Loans, also known as Subsidized Stafford Loans) pays your interest while you're in school (a minimum of one year).
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A former Wells Fargo employee realized that what she was asked to do by her managers was not ethical and after deliberation she decided to "push back and refused to meet the sales goals because, she told her managers, there was no ethical way to do it." If instead, she had said, "I do not want to lose my job over this" and proceeded to engage in fraudulent activities, at which of the following stages (Rest's ethical decision-making model) would her moral decision-making have failed?
a) moral judgement
b) moral recognition
c) moral awareness
d) moral intent
Answers
Answer:
moral intent
Explanation:
Suppose that the long run TC function is as follows:
TC=1000+10Q2 (and total cost is 0 if Q is less than 0). If the
going price in the industry is $300, is the market in long run
equilibrium?
Answers
The market is not in long-run equilibrium because the going price of $300 is below the minimum average total cost of production, resulting in a loss for the firms in the industry.
Is the market in long-run equilibrium?
In order to determine if the market is in long-run equilibrium, we need to analyze the relationship between the industry's going price and the total cost function. In this case, the long-run total cost (TC) function is given as TC = 1000 + 10Q^2, where Q represents the quantity produced.
To assess long-run equilibrium, we compare the going price in the industry, which is $300, with the average total cost (ATC) at the quantity produced. The ATC is calculated by dividing the total cost (TC) by the quantity produced (Q).
However, since the question does not provide information about the quantity produced, it is not possible to determine if the market is in long-run equilibrium based on the given information.
To determine long-run equilibrium, we need to compare the going price with the ATC at the quantity where ATC is minimized.
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Compare the product life cycle to the business cycle. Include at least one similarity and one difference.
Answers
Explanation:
A product life cycle refers to the life of a product in the market, and the processes that it goes through in relation to the business costs, as well as the sales measures. The business life cycle is the progression of a business in phases over time and is most commonly divided into five stages: launch, growth, shake-out, maturity, and decline. One major similarity between the product and project life cycles is that both are comprised of different and several phases or stages. These phases are very vital because they ensure that the requirements of the cycles are provided for and that both the goals and the objectives of the cycles are achieved. For instance, while some of the phases of the product cycle include the growth and maturation stages, those of the project life cycle include the birth and closure phases. The aim of integrating the phases in the life cycles is to ensure that there is proper coordination of the activities that take place in the cycles. The two cycles are closely related to each other. In some cases, a product may consist of more than one project, where the projects act as the subset of the product. This makes it necessary for the bigger product view to be put into consideration when it comes to project management. The product and project life cycles face various challenges which demand the adoption of strategies in the cycle phases, with the aim of ensuring that the cycles give the desired results.
Place the steps to creating a budget in order:
Figure out your net income.
Make a list of fixed expenses
Make a list of variable expenses.
Adjust expenses as needed
Determine if you have enough income to cover all your expenses.
Answers
Answer:
1. Figure out your net income
2. Determine if you have enough income to cover all your expenses
3. make list of variable expense
4. make list of fixed expenses
5. adjust expense
done !
Suppose that a cash flow will have a uniform annual payment of Php 1,200 for the first four years, another uniform annual payment of Php 2,000 for the next five years, and a single payment of Php 3,000 during the 8th year, Determine the equivalent uniform annual payment of the cash flow. 18.34% C. 1,775.12 a. 1,780.27 b. 1,679.23 d. 2,911.46 10. Mina wishes her friend, Yuri, to receive Php 1,000,000.00 twenty years from now. What amount should she invest now, if it will earn interest at 12% compounded annually during the first five years and 10% compounded monthly for the remaining years? a. 513,641.84 C. 94,637.36 b. 139,410.09 d. 127,399.44 11. A telephone company purchased a microwave radio equipment for Php 6 Million. Freight and installation charges amounted to 3% of the purchased price. If the equipment shall be depreciated over a period of 8 years with a salvage value of 5%, determine the depreciation charge during the fifth year using sum-of-the-years-digits method. a. 633,333.33 C. 632,333.33 b. 653,333.33 d. 652,333.33
Answers
10. The equivalent uniform annual payment of the cash flow is Php 1,780.27.
Mina should invest Php 94,637.36 now to ensure Yuri receives Php 1,000,000.00 twenty years from now.
The depreciation charge during the fifth year using the sum-of-the-years-digits method is Php 632,333.33.
10. To determine the equivalent uniform annual payment, we need to find the present value of each cash flow and calculate the uniform annual payment that would yield the same present value. By applying the formula for the present value of an annuity, the equivalent uniform annual payment is calculated to be Php 1,780.27. To calculate the amount Mina should invest now, we need to find the present value of the future amount of Php 1,000,000.00. The interest rates for the first five years and the remaining years are different, so we need to calculate the present value for each period separately and then sum them up. By using the appropriate compounding formulas, the present value is determined to be Php 94,637.36.
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The federal reserve can affect you through
Answers
As the Federal Reserve conducts monetary policy, it influences employment and inflation primarily through using its policy tools to influence the availability and cost of credit in the economy.
When the Federal Reserve decreases the required reserve ratio,A.The money supply will increase.B.The money supply will decrease.C.There is no effect on the money supply.D.Not enough information is given.
Answers
When the Federal Reserve decreases the required reserve ratio, the money supply will increase. Hence, option A is correct.
When the Federal Reserve decreases the required reserve ratio, banks are required to hold a lower percentage of deposits as reserves. This means they have more money available to lend out, which leads to an increase in the money supply. The United States' central banking system is known as the Federal Reserve System. With the passage of the Federal Reserve Act on December 23, 1913, it was established in response to the need for centralized control of the monetary system to prevent financial crises following a string of financial panics. To guarantee that the financial system supports a strong economy for American people, communities, and businesses, the Federal Reserve analyzes financial system risks and actively participates at home and abroad.
Banks are able to extend more loans to individuals and businesses when the reserve ratio is reduced by the Federal Reserve. This lowers the amount of cash that banks must store in reserves. The economy grows as a result, increasing the money supply in the country.
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why is it important to protect profit motive in a mixed economy
Answers
Answer:
A company's profit motive benefits consumers by ensuring the products and services they need are available at a high quality.
Explanation:
I looked it up, cause I don't know much about this stuff, but I hope it helps you!
Please help me, I'm in a test. Which of the following is an example of an activity in the follow-up stage of personal selling?
A. Helping a prospect arrive at a purchase decision
B. Making it easy to reorder supplies
C. Treating a prospect's concerns as a natural part of the decision process
D. Trying to meet a prospect's conditions
Answers
Answer:
B Making it easy to reorder supplies
Explanation:
An example of the activity in the follow-up stage of personal selling is through making it easy to reorder the supplies. Thus option B is correct.
Waht is perosnal selling ?Personal selling is called as the face to face selling and includes the one person who is the salesman and tries to convince the customer to buy the product through his skills and abilities.
The aim of personal selling is to make a profit and to initiate a sale and there generate revenue.
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Which of the following statements about investing is
TRUE?
A.On average, putting money in a savings account
earns a higher return than
investing money in the
stock market.
B.Investing is riskier than putting money in a savings
accounts.
C.Investing is best for short-term financial goals.
D.Investing is a guaranteed way to make money.
Answers
Answer:
B.Investing is riskier than putting money in a savings
accounts.
Explanation:
Savings refers to putting money aside for future consumption. Most firms and individuals save in savings accounts because they are safe and secure. Saving is considered risk-free, meaning the money saved is highly-unlikely to be lost.
Investing is engaging in commercial activities to make profits and grow wealth. Money put into an investment project is active, unlike the funds in a savings account. Investing has higher returns than savings but is also riskier. Money saved earns little interest on will remain the same but money invested can generate high profits or suffer losses.
Heyy
Can someone help me please
Answers
List 10 resources that are scarce in the world today
Answers
-biodiversity and air,
-rare earth and metals,
-agriculture,
-waste disposal,
-processing power,
-youth,
-health and wellness,
-skills and education,
-time.
One reason females face impediments to the leadership domain is ______.
A. Incongruity between the leadership role and the female gender role
B. Women are not in the workplace pipeline to a large enough volume
C. Women have been shown to be less effective leaders compared to men
D. Women are less committed to their jobs than men are
Answers
The correct answer is A. Incongruity between the leadership role and the female gender role.
One reason females face impediments to the leadership domain is the incongruity between the leadership role and the female gender role. This incongruity arises from societal expectations and stereotypes that associate leadership with masculine traits and behaviors, creating barriers for women in assuming leadership positions.
The disparity between the leadership role and the female gender role contributes to the challenges women face in attaining leadership positions. Society often associates leadership with traits such as assertiveness, decisiveness, and competitiveness, which are traditionally considered masculine. These stereotypes and biases can create a perception that women are not suited for leadership roles, leading to biases and discrimination against them in the workplace.
Furthermore, cultural and societal expectations of women's roles and responsibilities can conflict with the demands of leadership positions. Traditional gender roles often place a greater emphasis on nurturing, caretaking, and communal qualities, which can be at odds with the expectations of leadership that prioritize autonomy, authority, and assertiveness. This incongruity between the leadership role and the societal expectations of femininity can discourage women from pursuing or being perceived as capable of leadership positions.
These societal and cultural barriers contribute to the underrepresentation of women in leadership positions. It is essential to challenge these biases and stereotypes, promote gender equality, and create inclusive environments that recognize and value diverse leadership styles and contributions. By addressing these issues, organizations can create opportunities for women to thrive in leadership roles and contribute to the advancement and success of both individuals and the organizations they serve.
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Rashid wants to try his luck at high-risk investments for good returns. However, he is worried that he may wind up losing money in the process. Which investment would be a best bet for Rashid?
A. mutual funds
B. stocks
C. money market account
D. certificates of deposit
E. saving account
Answers
Answer:
Explanation:
a. mutual funds for high risk n good returns
Answer:
Explanation:
The best bet as compromise between high-risk and good returns will be an investment in A. mutual funds.
What does the Sarbanes-Oxley Act require about financial statements of all public companies?
Answers
The Sarbanes-Oxley Act (SOX) is a federal law enacted in the United States in 2002. It was created to protect investors and improve the accuracy and reliability of financial statements issued by public companies.
The Act establishes new or enhanced requirements for financial reporting and disclosure by public companies. Specifically, SOX requires that all public companies:
(i) Maintain accurate financial statements: Public companies must establish internal controls and procedures to ensure that their financial statements are accurate and complete.
(ii) Disclose all material information: Public companies must disclose all material information in their financial statements .
(iii) Certify the accuracy of financial statements: The CEO and CFO of a public company must certify the accuracy of their company's financial statements.
(iv) Establish an independent audit committee : Public companies must establish an independent audit committee made up of at least three members to oversee financial reporting and the auditing process.
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Why do you think the graduation and retention rates for anna’s selected colleges are displayed at the bottom of the sar? how might that information impact anna’s college selection process?.
Answers
It's at the bottom so you may compare the retention and graduation rates together and pick one.
The required details for graduation rates in given paragraph
The document that provides a student with the fundamental details necessary to determine their eligibility for federal financial aid is referred to as the Students Aid Report. The graduation rate is significant because it enables the student to assess the caliber of the institution. Additionally, it is essential since it enables the user to determine the proportion of students who graduate on time.
Students can make informed decisions about the institutions they wish to attend thanks to the graduation and retention statistics for the universities that are shown at the bottom of the Students Aid Report. The student can then decide which school he thinks is the best.
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deep earth extraction inc. operates a facility near estuary bay. discharging waste from the facility into the bay can result in
a. penalties and damages
b. penalties only.
c. damages only.
d. none of the choices.
Answers
Deep Earth Extraction Inc. action of discharging waste from its facility into a nearby body of water in the Bay will result in penalties and damages. The correct answer is a.
The United States government formed a Federal government agency called Environmental Protection Agency (EPA) that is in charge of the environment in December 2, 1970 under president Nixon administration. Its creation was a response to the increasing concerns about pollution and toxic waste which is being dumped by industries and also to protect the nation's water and its biodiversity from chemical and biological pollutants.
Environmental Protection Agency (EPA) passed a Clean Water Act that regulates the discharge of toxic pollutants into the nation's water as well as regulates the standard for dumping waste water for all industries in order to minimize the damages caused by the toxic waste. Failure to comply with the Clean Water Act will result in penalties as well as criminal prosecution.
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You have just been promoted at your job, and now you have a net income of $2,190. You would like to use this income to meet new financial goals. 1. Create a budget that will allow you to save at least $100 by the end of October. (10 points) Remember, your old budget reflected a net income of $1850.00 and included these expenses: • $600 for your rent • $475 for your car payment, car insurance, and gas • $230 for your utilities, phone, and Internet • $300 for your groceries • $50 for your entertainment • $20 for your renters insurance • $75 for discretionary spending • A final net total of $100 saved per month Your new budget needs to include these changes: • A new line to budget $50 per month toward a new computer • Other expenses may be modified as you choose. • A final net total of at least $300 saved per month
Answers
Answer: $300 saved per month
Explanation:
new budget $2,190.
rent $650car, insurance and gas $480utilities, phone and internet $250groceries $300entertainment $50rentals $30discretionary spending $80new line budget $50total $1890
final net total = \(2190 - 1890\\\)
= $300 saved per month
it say we need to save at least $300 per month, what this implies is that the minimum we can save is $300.
Answer:
300 per month saved
Explanation: