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Diano4ka-milaya [45]
2 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]2 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.
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Evergreen Building, Inc. has declared a $40,000 cash dividend to shareholders. The company has 5,000 shares of $20-par, 6% prefe
FromTheMoon [43]

Answer:

Preferred dividends = $16500

Common dividends = $23500

Explanation:

given data

cash dividend = $40,000

share 5000 = $20 par

preferred stock = 6%

share = 10000

common stock = $15

preferred stock = $12,000

to find out

preferred and common stockholders

solution

Preferred stock dividends = 5000 × $15 × 6%

Preferred stock dividends = $4500

and

Preferred dividends = $4500 + $12000

Preferred dividends = $16500

and

Common dividends = $40,000 - $16500

Common dividends = $23500

8 0
2 years ago
Susan drops by Dean's garage sale and buys a painting for $10 that both she and Dean think is a copy of a piece by Matisse, a we
zloy xaker [14]

Answer:

Dean probably will be able to get the painting back.

A mutual mistake was made since both parties involved, Dean and Susan, made an important factual error. They both were convinced that the painting was an ordinary copy and that it was worth very little money.

5 0
3 years ago
Reliable Waterworks provides plumbing services. Transactions of Reliable Waterworks during the first year of operations are give
Mariana [72]

Answer:

$30,900

Explanation:

Assets are major components of the statement of financial position. They are defined as anything owned by a company as a result of past activities that result to an inflow of economic benefits

                     Cash    Asset    Liability     Expenses  

Capital        11000     11000

Equipment    (1400)    1400                      

Loan             15000    15000     15000

Rent               (100)      (100)                           100

Inventory       (400)      400

Sales             3200      3200

Total                            30900     15000

7 0
3 years ago
One Friday afternoon, Rose Marie went to her mailbox and found two envelopes addressed to her. One envelope contained a check fo
ipn [44]

Answer:

Rose Marie received $152 in earned income and $25 in transfer payments.

Explanation:

Based on the information provided within the question it can be said that in this scenario Rose Marie received $152 in earned income and $25 in transfer payments. The $152 from her "side hustle" is basically from a service that she provided, which she worked (earned) for. Since the other payment was given to her from her grandmother, it is said to have transferred ownership, thus it is a transfer payment.

6 0
2 years ago
BRCK began in 2014 and from the start designed its products in a developing country while manufacturing in a developed country.
Vaselesa [24]

BRCK is an example of a  <u>International company . </u>

<u>BRCK began in 2014 and from the start designed its products in a developing country while manufacturing in a developed country. Its corporate headquarters are in Nairobi, Kenya, at a technology center that houses a small group of entrepreneurs. By 2016, the company was selling in 50 countries.</u>

Explanation:

International companies are those companies that sell their products Globally,but when it comes to production they prefer  ,to carry out the  task in developing countries mainly because the  governments in developing countries offer various incentives to  international companies like  lower taxe rate  and less legal regulations, with the intention of encouraging them to   to set up factories.

<u>BRCK began in 2014 and from the start designed its products in a developing country while manufacturing in a developed country. Its corporate headquarters are in Nairobi, Kenya, at a technology center that houses a small group of entrepreneurs. By 2016, the company was selling in 50 countries.</u>

<u></u>

<u>Thus BRCK IS AN EXAMPLE OF AN INTERNATIONAL COMPANY</u>

8 0
3 years ago
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