Which of the following practices should be discouraged during the problem-solving process?

Trudy’s monthly expenses are outlined in the chart below. Trudy’s job pays her $36,000 annually. Determine Trudy’s DTI (debt-to-

cluponka [151]

Answer:

d. 44%

Explanation:

Calculation to determine what DTI ratio is

First step is to calculate the Debt

Using this formula

Debt = (Rent expense + Carr payment + Loan + Credit card payment) × Number of months in a year

Let plug in the formula

Debt =[($695 + $265 + $200 $160) × 12 months]

Debt= $1,320 × 12 months

Debt = $15,840

Now let calculate DTI ratio using this formula

Using this formula

Debt to income ratio = (Debt) ÷ (Income) × 100

Let plug in the formula

DTI ratio=[ ($15,840 ÷ $36,000) × 100]

DTI ratio=0.44*100

DTI ratio= 44%

Therefore DTI ratio is 44%

6 0

3 years ago

Read 2 more answers

Over a 10-year period, Rebecca goes to

juin [17]

Rebecca is earning twice as much as Mark because she has added value to herself by getting educated and would most likely be able to solve problems faster and more efficiently than Mark assuming they are in the same industry. Here in lies the value of education.

<h3>How does education help us earn better?</h3>

Education helps to drive innovation and critical thinking. Psychologically, education is one of the best ways to keep the mind active and sharp.

For a society to advance economically, education is essential. In order to consistently be creative, we require employees to pursue new knowledge and research.

Higher literacy rates are also associated with better economic conditions in a nation.

A population with higher levels of education has access to more work options. This is because education fosters research and innovation.

Learn more about education at;
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#SPJ1

8 0

2 years ago

The marginal benefit of a slice of pizza is the: question 5 options: total amount that a consumer is willing to pay for a whole

ch4aika [34]

maximum amount that a consumer is willing to pay for the slice.

6 0

3 years ago

Marketing ethics is concerned with distinguishing between right and wrong actions and decisions that arise in a business setting

Likurg_2 [28]

Answer:

TRUE

Explanation:

Yes, it is very much true that marketing ethics is concerned with distinguishing between right and wrong actions and decisions that arise in a business setting. According to broad and well-established moral and ethical principles that might arise in a business setting, and any special duties or obligations that apply to persons engaged in commerce. In marketing ethics, companies try to work for the welfare and well-being of its customers as well, instead of not only focusing on the profits and sales. Community gets the benefit in larger extent when firms starts working for it by acting upon marketing ethics. Some people argue that marketing ethics is just a way to increase number of sales but in all cases, the larger community also get benefits from it.

6 0

3 years ago

What methods can be used to predict demand for healthcare

kaheart [24]

The methods used to predict demand for healthcare are:

percent adjustment,
12-month moving average,
trendline
seasonalized forecast. This is further explained below.

<h3>What is healthcare?</h3>

Generally, the administration of organized medical treatment to individuals or to a community of patients.

In conclusion, there are many other quantitative approaches for predicting, but the four most prevalent methods are the seasonalized forecast, the trendline forecast, the percent adjustment prediction, and the moving average of the last 12 months. The organization's recent historical need served as the foundation for each of these four approaches.