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maksim [4K]
3 years ago
13

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

income) ratio.
a. 28%
b. 35%
c. 37%
d. 44%
Business
2 answers:
Crank3 years ago
8 0

Answer:

The answer Is D for 2020

Explanation:

lubasha [3.4K]3 years ago
4 0

Answer:

d. 44%

Explanation:

The formula to compute the debt to income ratio is shown below:

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

where,

Debt = (Rent expense + car payment + student loan + credit card payment) × total number of months in a year

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

= $1,320 × 12 months

= $15,840

And, the income is $36,000

So, the ratio would be

= ($15,840 ÷ $36,000) × 100

= 44%

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An intangible asset
Alexxx [7]

Answer:

The correct answer is letter "C": does not have physical substance, yet often is very valuable.

Explanation:

Physically, intangible assets do not exist but they are important since they represent potential revenue. Types of intangible assets include brand recognition, intellectual property and legitimate patents such as patents, trademarks, and copyrights. Intangible Assets do not have value for accounting recording purposes.

3 0
2 years ago
The cost of the merchandise inventory that the business ▼ has sold to customers.
Ivan

c a type of marchandiser that buys merchadise from a manufacture


8 0
3 years ago
Which of the following statements about material requisitions is false? a. Material requisitions are often computerized. b. Mate
Vladimir79 [104]

Answer:

D. Material requisitions authorize the transfer of materials from the production floor to the raw materials warehouse

Explanation:

Material requisitions doesnt authorize anything, just provides information

6 0
3 years ago
The ________ documents the portion of work to be purchased, in enough detail so potential suppliers can decide if they feel they
anyanavicka [17]

The <u>procurement</u><u> statement of work</u> documents the portion of work to be purchased in enough detail, so as to help potential suppliers decide whether they're interested and capable of providing it.

<h3>What is procurement?</h3>

Procurement can be defined as a terminology that is used to connote the purchase of raw materials, items or resources from suppliers, which are used by business firms for the manufacturing of other finished goods and services.

Basically, the <u>procurement</u><u> statement of work</u> is typically used to document the portion of work to be purchased by an entrepreneur or business firm in enough detail, so as to help potential suppliers decide whether they're interested and capable of providing it.

Read more on procurement here: brainly.com/question/26101126

5 0
2 years ago
Perez Corporation’s computer services department assists two operating departments in using the company’s information system eff
ollegr [7]

Answer:

Production department $440,000

Sales department $143,000

Explanation:

The allocation of the total cost to the operating departments is proportional to the number of employees. In other words, as the number of employees increases, so does the allocated cost and vice versa.

Hence,

Cost allocated to the production department

= 40/(40 + 13) × $583,000

= 40/53 × $583,000

= $440,000

Cost allocated to the sales department

= 13/(40 + 13) × $583,000

= 13/53 × $583,000

= $143,000

3 0
3 years ago
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