1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Diano4ka-milaya [45]
3 years ago
7

Natalie makes $2000 per month she spends 100 on credit card payments what is her debt to income ratio

Business
1 answer:
chubhunter [2.5K]3 years ago
5 0
Monthly income = 2000 dollars
Debt to pay = 250 + 100 = 350 dollars
Let's find the ratio of debt to income.
=> 350 / 2000 = 0.175
=> 0.175 * 100 = 17.5 percent.
Thus 17.5% of his salary goes to his debts for credit card and auto loan.
You might be interested in
A stock has an expected return of 15.1 percent, the risk-free rate is 5.95 percent, and the market risk premium is 7.8 percent.
horsena [70]

Answer:

1.17%

Explanation:

Expected return is 15.1 %

Risk free rate is 5.95 %

Market risk premium is 7.8%

Therefore the beta can be calculated as follows

Expected return= risk free rate + (beta×market risk premium)

15.1%= 5.95% + (beta × 7.8%)

15.1%-5.95%= 7.8% beta

9.15%= 7.8% beta

beta= 9.15%/7.8%

beta= 1.17%

6 0
3 years ago
Suppose that we observe two comparable properties that have each sold twice within the past four years. Property A sold 24 month
Elina [12.6K]

Answer:

0.475% per month

Explanation:

value of property A 24 months ago = $500,000

current value of property A = $425,000

total decrease in value = $500,000 - $425,000 = $75,000 or 15%

monthly % decrease:

1.15 = (1 + r)²⁴

²⁴√1.15 = (1 + r)

1.0058 = 1 + r

r = 0.00584 = 0.58% decrease per month

value of property B 48 months ago = $575,000

current value of property A = $465,000

total decrease in value = $575,000 - $465,000 = $110,000 or 19.13%

monthly % decrease:

1.1913= (1 + r)⁴⁸

⁴⁸√1.1913 = (1 + r)

1.0037 = 1 + r

r = 0.0037 = 0.37% decrease per month

if both properties are weighted equally, then the market decrease per month = (0.58% x 1/2) + (0.37% x 1/2) = 0.475% per month

4 0
3 years ago
This case explores some issues related to entering a new foreign market and describes the strategies that one UK firm is using t
Serjik [45]

Answer:

1) Megabus may be a terribly late mover in U.S.A. intercity bus market. There have been few firms like hound that tried and failing within the past. However, Megabus has educate from the errors of hound, the corporate, WHO marched for an insolvency within the middle 90's. Hound lost its trade because of poorly continued bus stations, high charges and insecure circumstances. But, megabus has erudite from Greyhound's faults, and strained to not repeat those errors. Therefore, Megabus has underway the bus facilities that had price minimum as $1, free Wi-Fi, control retailers, comfy seating and trendy buses.

Megabus has been ready to supply this low as a result of, the primary issue it did was to remove the acquisition windows for price ticket getting, and sold tickets on-line solely, that resulted in removing expensive station operations. Instead it born off and selected up the customers from the side-way stops like communal bus operatives. This was one amongst the largest pros and also the biggest amendment it transported forth.

Few Drawbacks besides the on top of realities are that the floating gas costs might have an effect on the portable and low tariffs might disturb the incomes if satisfactory range of customers don't take the trips.

2) Yes, Megabus has support from United Kingdom. It’s supported by additional largest conveyance firm in United Kingdom, "Stagecoach group". This cluster services quite eighteen thousand individuals, and is alleged to be one amongst the highest 250 companies in United Kingdom.

The competences Megabus service incorporates a capability to eliminate virtually twenty four thousand automotive emissions creating the corporate pay less on fuel price and reduce within the unharness of carbonic acid gas.

3) As a university student, I might like Megabus owing to the benefits it holds - Low tariffs supports ME to avoid wasting cash on conveyance, free Wi-Fi supports ME to check even whereas traveling, Opening to control my device, will create range of friends throughout the travel, and last of all, have a deliberately smart sensation that am not a district of contaminating the atmosphere.

4 0
3 years ago
When a company controls all three phases of the film-industry production, distribution, and exhibition it is said to be:?
SSSSS [86.1K]
Large Scale Industry
8 0
4 years ago
Assume no price ceiling exists and a market is in equilibrium. then a price ceiling is established which is below the market equ
nevsk [136]
Hi Bobby, thanks for asking a question here on Brainly.

If <span>no price ceiling exists and a market is in equilibrium, then a price ceiling is established which is below the market equilibrium that results in a shortage.

Answer: Letter B </span>✅<span>

</span>Hope that helps! ★ If you have further questions about this question or need more help, feel free to comment below or leave me a PM. -UnicornFudge aka Nadia 
5 0
4 years ago
Other questions:
  • Celeste Atkinson is a lifestyle and entertainment manager for​ Audi, and her job is to create buzz by ensuring that vehicles suc
    14·1 answer
  • Implicit cost is a
    7·1 answer
  • Generally speaking, the blank the risk, the blank the potential
    9·1 answer
  • Where do you put a threaded bobbin and where does the thread from the bobbin go when the machine is in use?
    5·1 answer
  • ____ is a set of attitudes, values, and behaviors shared by a group of people?
    9·2 answers
  • Rigatel Corp., an investment bank, was in the final stage of its selection process for a business analyst. Rob was one of the de
    8·1 answer
  • Putting money into more than one kind of investment at a time is called liquidity. sunken cost. diversification. compound intere
    5·2 answers
  • Formulating Financial Statements from Raw Data
    5·1 answer
  • What indicators of Effective communication in an organization​
    10·1 answer
  • gomez runs a small pottery firm. he hires one helper at $11,000 per year, pays annual rent of $6,000 for his shop, and spends $2
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!