The potential risks that these three groups fall into the same category is that it is a low percentage and it is not a realistic proposition.
According to the theory of 50, 20, 30, a person's salary should be divided into 3 buckets that are:
- 50% of salary must go towards mandatory expenses (housing rent payments, utilities, medical care, basic food, and transportation).
- 20% of the salary must be used for savings and debt payments (programmed savings for old age or a special event, or the payment of debts such as card payments, bank loans, among others).
- 30% of the salary must be allocated for non-priority expenses (it is the expenditure of money on experiences, objects, or others that are not essential for the individual).
This income distribution is unrealistic because most people spend more than 50% of their salary on compulsory expenses, reducing their economic capacity for other purposes.
In this way, the 20% destined to savings and payment of debts would be a minimum amount of the salary, which could have serious consequences such as:
- Inability to pay debts
- Inability to save for the future
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Answer:
stop cheating figure it out yourself
Explanation:
Answer:
The correct answer is letter "C": Financing activities.
Explanation:
Financing activities refer to all funds a company obtains from outside resources of the firm to keep the business up and running or to invest in new ventures that could represent profit opportunities. By doing this, the firm acquires creditors affecting its long-run liability and equity.
If the effective annual yield on a bond is equal to the bondʹs coupon rate, the bond will have a market value that is equal to the principal value of the bond. Option B. This is further explained below.
<h3>What is a bond?</h3>
Generally, a Bond is simply defined as fixed-income investments such as bonds that reflect a loan from an investor to a borrower, often a corporation or the government.
In conclusion, In this case, the bond's market value will be equal to the principal value of the bond. if the bond's effective yearly yield is equal to the bond's coupon rate
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Frank cannot claim Anna or Marvin as a dependent.
Explanation:
Because Frank gives Anna and Marvin every support, support tests are straightforward.
Anna earns revenue in excess of $4200 and can not therefore be requested as dependent. In fact, Marvin does not stay with Frank and can not therefore be stated as dependent.
The income tax credit, EITC or EIC is a bonus to low- and moderate-income employers. To apply, you must fulfill certain criteria and file a tax report, even if you are not obliged to pay a bill. The level of tax you pay is lowered by the EITC and a refund is probable.