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3 years ago

A good rule is to spend no more than 25-30% of your _______ income on housing.

2 answers:

5 0

<span>A good rule is that you will sno more than 25 - 30% of your gross income. You ought to spend close to 30 percent of your pay on lodging. You may hear that dependable guideline from a monetary counselor or parent, a landowner or bank. It's implanted in online spending adding machines and government approaches. The standard business proposal for contract installments is that close to 30 percent of your gross salary ought to go to your regularly scheduled installments.</span>

irakobra [83]3 years ago

3 0

there are choices, they are gross or net, p sure the answer is gross.

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In a lease contract, the party to whom the rights to use the asset are granted is called the:____.

lesya692 [45]

A lease is a contractual arrangement where one party, called the lessor, provides an asset for use by the other party, referred to as the lessee, based on periodic payments for an agreed period. The lessee pays the lessor for the usage of the asset or property

The landlord is the party to the lease who owns the property and leases it to the tenant as a rental property for temporary possession. For example, in a rental house, the landlord is the landlord and the tenant is the tenant.

A lessor is either an individual or a legal entity such as a company or organization. The lessor is always the owner of the property. For example, for a car, the lessor can be the owner or car dealer who rents the car. The lessee is always the person who uses the property temporarily

Learn more about lessors here

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6 0

2 years ago

Beckingham Sports is an American sporting goods company. Based on $400,000 spent on market research and $600,000 spent on consul

Cerrena [4.2K]

Answer:

The correct answer is E)

Explanation:

Capital budgeting is an accounting method that corporations use to decide which planned acquisitions of fixed assets will be approved and which should be refused.

Some examples of Capital Expenditures include:

Construction of an additional building
Procurement of delivery vehicles
Procurement of new equipment
Rehabilitation of existing equipment

If one of the criteria for classification under Capital Expenditure is that it must be in the plan, then none of the above items mentioned in the question will fly.

Monies have already been expended on the options A, B, and C.

Option D is an offer to purchase an existing asset, not a planned investment. Therefore it also does not qualify.

Hence the correct answer is E.

Cheers!

3 0

3 years ago

Is a measurement of the way suppliers respond to a change in price

KengaRu [80]

Answer:

Elasticity

Explanation:

Elasticity of supply is a measure of the way suppliers respond to a change in price.

Good Luck!

3 0

3 years ago

In case of normal goods, demand curve shows a) Negative slopes b) positive slopes c) Zero slopes d) none of these

ExtremeBDS [4]

Answer:

a. Negative slopes

Explanation:

A negative slopes indicate that there exist a negative relationship between price and quantity demanded of a particular good. This means that when price falls, more units of goods will be purchased by the consumer and vice versa.

A normal good is a type of good whose demand increases as a result of increase in consumer's income. In other words, the higher the income, the higher the quantity demanded of such good by the consumer and vice versa.

It follows that when there is an increase in wage or income of a consumer , more goods will be purchased by them except if there is an increase in the price of such good . When there is price increase for such good, consumer will switch to a substitute good.

3 0

3 years ago

Brenda’s Boards manufactures skateboards. Each skateboard sells for $45 and includes the following expenses: $3 for the wheels a

zvonat [6]

The total profit that Brenda's Board company earns after selling 100 skateboards is $3000 .

The formula for profit = Revenue - Production cost

<h3>Further explanation </h3>

Many terms that we usually use in the business or accounting including:

1. Revenue is the income that business made, usually from selling products or services to customers.

2. Production cost is the total expenses used for manufacturing, this cost includes raw material, overhead, and labor

3. Profit is the amount that earns after the total cost of producing goods or offering services deducted from its revenue.

From the case above, we know that Brenda’s Boards sells the skateboard for $45 each.

The total cost for making one skateboard is $15, this cost by adding up all the production cost or the expenses

= The wheels and mounts + plastic board + paint + labor = $3+ $1 + $1 + $10 = $15

Using the formula and the information above we can calculate the profit for 100 skateboards:

Total revenue = $45 x 100 = $ 4500

Total cost = 100 x $15 = $1500

Profit = Revenue - Production cost (expenses) = $4500 - $1500 = $3000

<h3>Learn more </h3>

Profit-sharing plan brainly.com/question/1494270

Revenue brainly.com/question/1332812

Production cost brainly.com/question/1176751

Keywords: business profit, revenue, production cost, business expenses

3 0

3 years ago

Read 2 more answers