Question

Predict how much money can be saved without having a negative actual net income. monthly budget budgeted amount actual amount income wages savings interest $1150 $25 $900 $25 expenses rent utilities food cell phone savings $400 $100 $250 $75 $200 $400 $80 $200 $75 $____ net income $150 $____

Answer 1

Be able to estimate how much can be saved without resulting in a loss of actual net income. Budgeted monthly amount Actual monthly amount Income wages Savings Interest $900 in costs, $1150 in revenue savings on housing, transportation, and food Saving $400 $100 $250 $75 $200 $400 $80 $200 $75 $170 yields a net profit of zero in practical terms.

Sales are computed as sales less cost of goods sold, selling, general and administrative costs, operating costs, depreciation, historical cost, interest, taxes, and other costs. Net income (NI), often known as net earnings, is the difference between these two figures. Investors might use this figure to gauge the extent to which an organization's revenue outpaces its costs. This figure is a measure of a company's profitability and may be found on the income statement.

To determine their earnings per share, businesses use net income. Since net historical cost is the last item on the income statement, business analysts frequently refer to it as the bottom line. In the UK, analysts refer to NI as shareholder-attributable profit.

Learn more about net income here

brainly.com/question/15570931

#SPJ4