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alexdok [17]
3 years ago
6

What budget item does NOT necessarily include monthly expenses?

Business
1 answer:
nika2105 [10]3 years ago
6 0
If You Had the same ABCD Answers as one Before, The Answer out of These: 
A. Transportation
B. Medical Expenses
C. Housing
D. Food

The Answer would Be B) Medical Expenses.

You might be interested in
One natural consequence of mastering your job can be increased
pishuonlain [190]

Answer:

Answer is option B, i.e. Boredom.

Explanation:

Having mastered a particular task, there is high possibility that the person might not feel motivated enough to work more. This can be because he/she has already achieved the level of expertise in that specific job and now feels bored as the same job creates a sense of monotony to him/her. Therefore, the very possible natural consequence will be Boredom after one has gained mastery in his/her job.

3 0
4 years ago
A manufacturing company producing medical devices reported $60 million in sales over the last year. At the end of the same year,
Svetradugi [14.3K]

Answer:

Annual average inventory in days (no of times) = 1.5 times

Explanation:

<em>Annual inventory turn over is the average length of time it takes for inventor to be sold and replaced.</em>

<em>Average inventory turnover = average inventory/ cost of sold × 365</em>

<em>Average inventory turnover (in No of  times) = C</em>ost of sold sold /average inventory

Cost of goods sold

= (1000/2000) × 60 million

= $30 million

Closing Inventory = $20 million

Annual average inventory

= $20/ 30 × 365 days

= 243.days

Annual average inventory

= cost of sold sold /average inventory

=30/20

= 1.5 times

Annual average inventory in days =  243.days

Annual average inventory in days (no of times) = 1.5 times

8 0
3 years ago
Clarence is purchasing a $142,000 home with a 15-year mortgage. He will
madreJ [45]

Answer:

prime mortgage insurance (PMI) is an insurance that mortgage lenders require when borrowers make a down payment of less than 20% of the purchase price of the house.

We are not given any table, so I looked in the internet to find one that can be used as an example:

outstanding principal = $142,000 - 17% = $117,860

  • mortgage term equal or less than 15 years
  • base loan amount is less than $625,000
  • loan to value ratio = 1 - down payment = 83%, which means it is ≤ 90%
  • bps = 45

total yearly premium = principal x bps = $117,860 x 0.0045 = $530.47

monthly PMI payment = $530.47 / 12 months = $44.20

6 0
3 years ago
First City Bank pays 9 percent simple interest on its savings account balances, whereas Second City Bank pays 9 percent interest
4vir4ik [10]

Answer:

Future value is $14,944.22

Interest earned is $7444.22

Explanation:

The amount to earn from Second City Bank is the interest that would have been received at the end of the eight years,

In order to determine the amount of interest,it would be nice to first of all compute the future value-the worth of the savings at the end of eight year using the below formula:

FV=PV*(1+r)^N

PV is the $7,500 invested

r is the compound rate of return is 9%

N is the number of years the amount was invested which is eight years

FV=$7,500*(1+9%)^8

FV=$ 14,944.22  

Hence Interest =FV-PV

                         =$ 14,944.22 -$7,500

                         =$7444.22

7 0
3 years ago
What income must Ramon report on Schedule C, Profit or Loss From Business?
NARA [144]

Answer:

C

Explanation:

he must report all the money

8 0
3 years ago
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