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alexira [117]
3 years ago
12

Describe at least two non-discretionary expenses that you expect to have at some point in your life.

Business
1 answer:
ad-work [718]3 years ago
3 0

Answer:

Non-Discretionary Expenses means payments made to third parties on account of: (a) mandatory payments of monthly debt service (but not payment of principal or interest at or after maturity) required under Loan Documents evidencing debt of the Venture or any Subsidiaries; (b) Emergency Expenses; (c) other non-

Explanation:

You might be interested in
A career path that involves horizontal movement within or across organizations is referred to as a(n) _____.
Kamila [148]

When a person moves horizontally within or across organizations, this is called a horizontal career growth.

<h3>What is a horizontal career growth?</h3>

This is when someone moves across job titles from one company to another or within the same company.

It is called a horizontal move because the person will still be at the same job level that they were at the job they moved from.

Find out more on career growth at brainly.com/question/14735178.

6 0
2 years ago
ABC Inc.'s bonds currently sell for $1,180 and have a par value of $1,000. They pay a $105 annual coupon and have a 15-year matu
Dahasolnce [82]

Answer:

Yield to call is 9.8%

Explanation:

The rate of return bonholders receives on a callable bond until the call date is called Yield to call.

Yield to Call = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

C = Coupon Payment = $105 per year

F = Face value = $1,000

P = Call price = $1,100

n -= number of years to call = 5

Yield to Call = [ $105 + ( $1,000 - $1,100 ) / 5 ] / [ ( $1,000 + $1,100 ) / 2 ]

Yield to Call = [ $105 - 2 ] / $1,050 = $103 / $1,050 = 0.098 = 9.8%

8 0
3 years ago
Mike Hansen has adjusted gross income of $82,000. During the year, Mike decided he needed a larger home. He purchased a home on
viktelen [127]

Answer: $0

Explanation: The total amount of an individual's Gross income which is taxed is called the taxable income. An individual's Adjustable Gross Income may include expenses such as charitable contribution, mortgage interest, medical and some other eligible expenditure which are are deducted in other to lessen the taxable income of such individual. Such deductions are called the Itemized deductions.

However, personal expenses DO NOT CONTRIBUTE to an individual's Itemized deduction and as such, MIKE HANSEN'S ITEMIZED DEDUCTION IS ZERO.

The $6000 incurred is classed under personal expenditure and is not deductible.

6 0
3 years ago
Davy Company had a beginning work in process inventory balance of $32,000. During the year, $54,500 of direct materials was plac
daser333 [38]

Answer:

Option (b) is correct.

Explanation:

Given that,

Beginning work in process inventory balance  = $32,000

Direct materials was placed into production = $54,500

Direct labor = $63,400

Actual manufacturing overhead = $86,500

Jobs costing completed during the year = $225,000

Ending work in process inventory balance:

= Beginning work in process inventory balance + Direct materials was placed into production + Direct labor + Actual manufacturing overhead - Jobs costing completed during the year

= $32,000 + $54,500 + $63,400 + $86,500 - $225,000

= $11,400

8 0
3 years ago
Wildcat Co. purchased, on open account, 4,000 pounds of direct materials at a total cost of $20,200. The standard cost of these
Pepsi [2]

Answer:

Explanation:

The pictures attached shows the full explanation

3 0
3 years ago
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