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2 years ago

Step 3: Creating a Balanced Family Budget

Business

1 answer:

Alexeev081 [22]2 years ago

3 0

The family budget calculator use is attached accordingly. See relevant definition below.

<h3>What is the minimum monthly income and hourly wage per worker required to cover the monthly expenses indicated in the budget?</h3>

The total budget indicated is $7,304. Hence to cover for the above expenses, one would need to work for at least 8 hours per day, and 5 days a week at the minimum income wage of $50 dollars/Hour.

This translates to:

50 x 8 x 20

= $8,000

<h3>What exactly is a family budget?</h3><h3 />

A family budget is a plan for your household's incoming and outgoing funds for a specific time period, such as a month or year.

<h3>What is the definition of a Family Budget Calculator?</h3>

The Family Budget Calculator calculates the amount of money required for a family to maintain a modest but decent level of life.

The budgets project community-specific expenses for ten different family types (one or two adults with zero to four children) across all counties and metro regions in the United States.

Learn more about Family Budget Calculator:

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Tina specializes in newspaper print layout. Unfortunately, her newspaper transformed into a digital-copy only and she was laid o

mr_godi [17]

Answer:

Structural

Explanation:

It is correct to say that Tina's scenario is an example of structural unemployment, that there are structural economic changes, which can have several different reasons, in the case of the above question, the structural change was caused by a technological change that made the newspaper where Tina worked if she scanned, and Tina's skills were not sufficient to keep up with such changes, which resulted in her resignation.

This is a type of long-term unemployment, which can negatively impact a society, with a large number of people unemployed and disqualified for current job openings, to reduce this problem, it is necessary that companies invest in training programs and effective qualifications so that its employees can follow the structural changes that occurred in their jobs.

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3 years ago

frontier corp. has fixed costs of $300,000 and profit of $150,000. if sales increase 20%, by how much will profits increase?

Masteriza [31]

Fixed costs of $300,000 and profit of $150,000. if sales increase 20% The profits increase 60%.

<h3>How much will profits increase?</h3>

$300,000 plus $150,000 equals $450,000 in contribution margin.

$300,000 + $150,000 = $450,000.

Operating leverage is calculated as follows:

$450,000/$150,000

= 3. 20% x 3 = 60%

The profits increase 60%.

Four important elements can contribute to profitability. Costs are coming down, turnover is going up, production is going up, and efficiency is going up. You can also develop new goods or services or grow into new market segments.
By increasing revenues, such as through the sale of additional products or services or by raising pricing, businesses can raise their net margin. By cutting costs, businesses can raise their net margin.

To learn more about profits increase refer to:

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1 year ago

The chapter argues that investment depends negatively on the interest rate because an increase in the cost of borrowing discoura

WARRIOR [948]

Answer: Yes they will.

Explanation:

With high interest rates, the company will be able to make better returns if they invested the money and took advantage of those interest rates instead of spending the money on their project.

Assets like bonds will be better to go into because they will offer a return based on the higher interest rates which will bring in good returns.

The company is free to use those funds to invest in projects if these projects will lead to a better return than could be gotten from holding bonds but if that is not the case, they should simply buy bonds and hold them for superior returns.

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3 years ago

The founders of life is good started their business by hawking t-shirts on the street and selling them door to door in college

kenny6666 [7]

I believe the answer is: product mix

Product mix refers to the total variety of product that offered by a certain company which collectively become one big pool of income.
The creation of product mix is aimed to reach the market segmentation that hasn't been reached by the previous product.

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3 years ago

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Which of the following is TRUE about owning a share of stock?

docker41 [41]

Answer:

Explanation:

The answer to that Question would be A

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