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aev [14]
1 year ago
14

Market researchers often report discretionary income. Discretionary income is your disposable income minus your fixed expenses.

Your disposable income is $2,920. After you pay fixed expenses of rent, utilities, groceries, and a car payment, you have $900. What percentage of your disposable income is discretionary?.
Business
1 answer:
SOVA2 [1]1 year ago
3 0

The percentage of the disposable income that is discretionary is equal to 30.82% if the amount left after fixed expenses is $900.

As the amount left after payment of the fixed expenses is $900, this is said to be the discretionary income because discretionary income is equal to the disposable income minus fixed expenses.

Now we can calculate the percentage of disposable income that is discretionary as follows;

percentage of disposable income that is discretionary = (discretionary income ÷ disposable income) × 100

% discretionary income = (900 ÷ 2,920) × 100

% discretionary income = 90,000 ÷ 2,920

% discretionary income = 30.82%

Hence, 30.82% of the disposable income is calculated to be discretionary if the disposable income is $2,920 and the amount left after payment of fixed expenses is $900.

To learn more about discretionary income, click here:

brainly.com/question/15814704

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Rocky Mountain Bikes' Colorado warehouse has 50 Pack Rat Deluxe Bike Baskets in stock at a moving average price of $25.13 each.
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Answer:

Rocky Mountain Bikes

Current moving average price is:

$25.43

Total inventory valuation is:

$11,443.50

Explanation:

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Inventory     50                       $25.13         50        $1,256.50

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Transfer     100    $25.25      $25.43      450        $11,443.50

Rocky Mountain Bikes' Colorado warehouse uses the moving average price to value the inventory.  The moving average price is computed by creating a constantly updated average price.  This smoothens the price data.

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<h3>What do you mean when you say "assets" and "liabilities"?</h3>

A company's assets are everything it possesses. They may be located on the balance sheet's left side. Liabilities are all debts that a company owes, both now and in the future. They may be found on the balance sheet's right side.

Current and fixed assets are the two categories of assets.

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Current and long-term obligations are the two categories of liabilities.

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