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
Strike441 [17]
3 years ago
11

0. Sarah takes home $33,000 per year from her job as a computer repairperson. Her only debt obligations are a car loan payment o

f $395 and a credit card payment of $110 every month. Help Sarah go through the steps to see if she is in danger of credit overload. (5 points: Part I - 1 point; Part II - 1 point; Part III - 1 point; Part IV - 1 point; Part V - 1 point) Part I: How much money does Sarah take home per month?
Business
1 answer:
Fittoniya [83]3 years ago
4 0

Answer:

Her monthly take home amount is $2750. she is not in danger of credit overload as her total debt obligation per month is only $505 which is only 19% of her overall take home

Explanation:

Sarah's annual take home is $ 33,000 , If we divide it by 12 months so her monthly take home amount will be $2750, Her monthly debt obligation are $395 for Car & $110 Credit card payment which sums to $505. so will still have $2245 every month after paying debt obligation.

You might be interested in
If the U.S. dollar appreciates, an MNC's: a. exports denominated in foreign currencies will probably increase. b. U.S. sales wil
Hoochie [10]

Most likely when the U.S. dollar appreciates, the MNC's interest owed on foreign funds borrowed will probably increase.

MNC refers to Multinational corporation .

  • The Multinational corporation are known to borrow from foreign bodies in dollars.

  • Hence, when the dollar appreciates, the amount owed to the foreign bodies will increase consequently.

Therefore, the Option C is correct because the MNC's interest owed on foreign funds borrowed will probably increase when U.S. Dollars appreciates.

Read more about this here

<em>brainly.com/question/14124450</em>

4 0
2 years ago
Peterson Company estimates that overhead costs for the next year will be $3,400,000 for indirect labor and $850,000 for factory
GREYUIT [131]

Answer:

Predetermined manufacturing overhead rate= $50 per machine-hour

Explanation:

Giving the following information:

Estimated overhead costs= $3,400,000 for indirect labor

Estimated overhead costs= $850,000 for factory utilities.

85,000 machine hours are planned for this next year

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (3,400,000 + 850,000) / 85,000

Predetermined manufacturing overhead rate= $50 per machine-hour

3 0
3 years ago
Suppose that Juan Carlos is filling out a survey that he received in the mail. The survey would do if the price of his favorite
GaryK [48]

Answer:

A. The definition of a market in determining the price elasticity of demand.

Explanation:

Price elasticity of demand is the height of responsiveness of demand or purchase to changes in price. It shows how consumers or buyers would react to the demand for a product when the price of their favourite brand increases.

Reaction of consumers in the market place is one of the determinants of price elasticity of demand. It tells how buyers will switch to different brand of products if the price of their favourite brand increases. It also shows how consumers will adjust their spending abilities if the price of all the brands are increased at the same time.

Alternatively, consumers would demand for the brand that falls within the limit of their spending.

4 0
3 years ago
A group of 2-year-old infants are selected for a special program because their iq scores are very low. five years later, most of
Gennadij [26K]
The special program that they have conducted to the infants worked. The experiment was a success. And because of this, they could conduct more, special programs and even in a larger amount of infants they can conduct this. This special program is really beneficial to each and every one of them.
3 0
3 years ago
" Lanni Products is a start-up computer software development firm. It currently owns computer equipment worth $30,000 and has ca
Gre4nikov [31]

Answer:

A) Lanni takes out a bank loan. It receives $50,000 in cash and signs a note promising to pay back the loan over three years.  FINANCIAL ASSET CREATED: when the loan was received, a financial asset was created. Money is exchanged for a promissory note.

B) Lanni uses the cash from the bank plus $20,000 of its own funds to finance the development of new financial planning software.  REAL ASSET CREATED: when the software was developed, a real asset was created. Money was invested in developing the software.

C) Lanni sells the software product to Microsoft, which will market it to the public under the Microsoft name. Lanni accepts payment in the form of 1,500 shares of Microsoft stock.  FINANCIAL ASSET CREATED: when the software was traded, a financial asset was created. A real asset was traded in exchange for financial assets.

D) Lanni sells the shares of stock for $80 per share and uses part of the proceeds to pay off the bank loan." FINANCIAL ASSET DESTROYED: when the loan is paid back, the financial asset (loan) ceases to exist. When the money is paid back to the bank, the loan and the promissory note cease to exist.

5 0
3 years ago
Other questions:
  • Management of Plascencia Corporation is considering whether to purchase a new model 370 machine costing $512,000 or a new model
    5·1 answer
  • 10. Regarding veal, lamb, or pork, the term noisette would properly refer to
    5·1 answer
  • Joan is trying to decide if she wants to open her own hair​ salon, or buy an existing one. Curl Up and Dye is a very popular sal
    11·1 answer
  • Bob has a $50,000 stock portfolio with a beta of 1.2, an expected return of 10.8%, and a standard deviation of 25%. Becky also h
    5·1 answer
  • What are unlawful questions to ask during an interview
    14·2 answers
  • On January 1, 2018, the Allegheny Corporation purchased machinery for $115,000. The estimated service life of the machinery is 1
    7·1 answer
  • On July 1, 20X9, Link Corporation paid $340,000 for all of Tinsel Company's outstanding common stock. On that date, the costs an
    8·1 answer
  • The trial balance of ABC Co. does not balance. АВС CO. TRIAL BALANCE JUNE 30, 2019 Debit Credit Cash 0 5740 Accounts Receivable
    7·1 answer
  • Windhoek Mines, Ltd., of Namibia, is contemplating the purchase of equipment to exploit a mineral deposit on land to which the c
    8·1 answer
  • 6. Which of the following is NOT true about raising capital?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!