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bearhunter [10]
3 years ago
7

What percentage of your income should you save

Business
1 answer:
Eva8 [605]3 years ago
7 0
At least 20% should go to ur savongs
You might be interested in
According to the leadership grid developed by Blake and Mouton, which management style reflects moderate concern for production
sergiy2304 [10]

Answer:

Middle-of-the-road management

Explanation:

Middle - of - the - road management -  

It refers to the leadership style , which is plotted in the center of the grid , and the balanced concern between people and production is observed , is referred to as the Middle-of-the-road management .  

These type of leaders helps to settles the average performance by the employees.  

Hence, from the given information of the question,

The correct term is Middle-of-the-road management .

7 0
3 years ago
The balance in retained earnings at December 31, 2020 was $1440000 and at December 31, 2021 was $1168000. Net income for 2021 wa
fomenos

Answer:

C. $682,000

Explanation:

Given the above information, the computation of cash dividend is seen below;

Beginning retained earnings (2020) + net income - Stock dividend - Cash dividend = Retained earnings

$1,440,000 + $1,008,000 - ($499,000 + $99,000) - Cash dividend = $1,168,000

$2,448,000 - $598,000 - Cash dividend = $1,168,000

Cash dividend = $2,448,000 - $598,000 - $1,168,000

Cash dividend = $682,000

5 0
2 years ago
How is the noncontrolling interest in a subsidiary company calculated as of the end of a reporting period?
ANEK [815]

The noncontrolling interest in a subsidiary company is calculated at the end of a reporting period by multiplying the subsidiaries’ net income by the noncontrolling interest percentage.

A noncontrolling interest (NCI), or a minority interest, is a situation in which the shareholders own less than 50% of the outstanding shares and thus have no say in the decision-making process.

At the end of a reporting period, the NCI is calculated by taking the NCI percentage and multiplying it with the net income of the subsidiary.  For example, if a minority partner owns 30%  in the subsidiary, and the subsidiary’s net income is $ 2 million, the NCI will be $ 2 million multiplied by 30%, which is $600,000.

To learn more about noncontrolling interest (NCI): brainly.com/question/13635396

#SPJ4

7 0
1 year ago
If the mpc is 0.70 and investment increases by $3 billion, the equilibrium gdp will
Alina [70]
<span>If the MPC is 0.70 and investment increases by $3 billion, the equilibrium GDP will increase by $10 billion. 

The GDP is the Gross Domestic Product and the MPC is the marginal propensity to consume. The MPC tracks that a raise in pay will increase consumers spending on goods and services. If there is an increase in spending budget, then the GDP will increase because of more spending power.
</span>
7 0
3 years ago
Income statement information for Einsworth Corporation follows: Sales $1,500,000 Cost of goods sold 900,000 Gross profit 600,000
Semenov [28]

Answer:

A vertical analysis income statement uses Sales as a base and makes everything else a percentage of sales.

                                            Vertical Analysis Statement

                                                     Amount                     Percentage

Sales                                       $1,500,000                         100%

Cost of Goods sold                ($900,000)                          60%

Gross Profit                               $600,000                          40%

Cost of Goods sold percentage = 900,000 / 1,500,000

= 60%

Gross Profit percentage = 600,000 / 1,500,000

= 40%

6 0
2 years ago
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