The correct answer is discretionary income.
Discretionary income, in its most basic definition, is the money left over after covering essential expenses including taxes, daily living costs, and household bills.
<h3>What distinguishes disposable income from discretionary income?</h3>
After all federal, state, and local taxes have been paid, your remaining funds are known as disposable income. Contrarily, discretionary income is the money you still have after paying all of your basic living expenses and taxes.
<h3>What is covered by discretionary income?</h3>
The money you have left over from your post-tax salary after paying for necessities like rent, utilities, and food is known as discretionary income. It is what you use to make non-essential purchases during the month (often referred to as discretionary expenses).
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Answer:
$317,500
Explanation:
The computation of the amount of bad debt expense is shown below:-
Bad debt expenses = (Accounts receivable × Outstanding receivable percentage) - Opening Allowance for doubtful debts
= ($6.57 million × 5%) - $11,000
= $317,500
Therefore for computing the bad debt expense we simply applied the above formula.
Answer:
Find answers below.
Explanation:
Risk management can be defined as the process of identifying, evaluating, analyzing and controlling potential threats or risks present in a business as an obstacle to its capital, revenues and profits. This ultimately implies that, risk management involves prioritizing course of action or potential threats in order to mitigate the risk that are likely to arise from such business decisions.
Price risk is the risk of a decline in a bond's value due to an increase in interest rates. This risk is higher on bonds that have long maturities than on bonds that will mature in the near future.
Reinvestment risk is the risk that a decline in interest rates will lead to a decline in income from a bond portfolio. This risk is obviously high on callable bonds. It is also high on short-term bonds because the shorter the bond's maturity, the fewer the years before the relatively high old-coupon bonds will be replaced with new low-coupon issues. Which type of risk is more relevant to an investor depends on the investor's investment horizon, which is the period of time an investor plans to hold a particular investment. Longer maturity bonds have high price risk but low reinvestment risk, while higher coupon bonds have a higher level of reinvestment risk and a lower level of price risk. To account for the effects related to both a bond's maturity and coupon, many analysts focus on a measure called duration, which is the weighted average of the time it takes to receive each of the bond's cash flows.
The bonds which would have the largest duration is a 10 year - zero coupon bond.
Answer:
Company name as well as their logo.
