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guajiro [1.7K]
3 years ago
10

How much money should a couple who makes $54,000 a year have in their beginner emergency fund if they have a $3,000 credit card

bill and a mortgage?
Business
1 answer:
Ksju [112]3 years ago
3 0

Answer:

9,000 minimum emergency fund

Explanation:

The emergency fund is a portion related to the monthly expenses of the family or person.

It should be as low as 3 months and about 6 month to be safe.

It is important to notice this doens't mean the cash should be under the pillow. We can have this amount investment in a high-liquity investment if wanted.

For this couple as they have 3,000 expenses they should do an eemergency fund of at least 9,000 dollars

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In 2015, the Bureau of Labor Statistics (BLS) announced that of all adult Americans, 148,834,000 were employed, 8,296,000 were u
Naddika [18.5K]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

148,834,000 were employed, 8,296,000 were unemployed.93,671,000 were not in the labor force.

Labor force= 8,296,000+ 148,834,000= 157,130,000

Adul population= 157,130,000 + 93,671,000= 250,801,000

Labor force participation rate= 157,130,000/250,801,000= 62.65%

What is the unemployment rate?

Unemployment rate= unemployed people/ labor force= 5.28%= 5.3%

7 0
3 years ago
Read 2 more answers
Workhorse Air Crane Corporation employs aircraft mechanics, computer programmers, outside salespersons, and professionals, inclu
xenn [34]

Workhorse Air Crane Corporation employs aircraft mechanics, computer programmers, outside salespersons, and professionals, including pilots. Employees exempt from the Fair Labor Standards Act's overtime provisions include all of the following except​ (A) aircraft mechanics

Explanation:

Section 13(a)(1) of the <u>Fair Labor Standards Act's-FLSA</u> provides an exemption from both minimum wage and  overtime pay for employees who are employed as<u> bonafide executive, administrative, professional and  outside sales employees. </u>

Section 13(a)(1) and Section 13(a)(17) of <u>Fair Labor Standards Act's </u>also exempt certain computer  employees.

To qualify for exemption under the <u>Fair Labor Standards Act</u> , employees generally must meet certain tests regarding their  job duties and be paid on a salary basis at not less than $684* per week.

6 0
3 years ago
Plz help 25 points!!!
uysha [10]

Answer:

I thinks its b

Explanation:

8 0
2 years ago
Your employer, a mid-sized human resources management company, is considering expansion into related fields, including the acqui
Anni [7]

Answer:

a. Debt holders have first claim on corporate value. The Preferred stockholders then have next claim and remaining is left for common stockholders.

b. The value of a financial asset is equal to present value of future cash flows which is provided by the asset. When investor buys a share of stock, (s)he typically expects to receive cash in the form of dividends and to sell the stock to receive cash from sale. However, the price any investor receives is highly dependent upon the dividends which the next investor expects to receive, and so on. Thus, the stock's value depends on cash dividends that the company is expected to provide and the discount rate used to find the present value of those dividends.

d. The formula to calculate present value of expected free cash flows is:

PVn=CFn(1+in)n

The formula for the present value of expected free cash flows when discounted at WACC is:

PV=∑Nn=0CFn(1+in)n

Explanation:

a. Debt holders have first claim on corporate value. The Preferred stockholders then have next claim and remaining is left for common stockholders.

b. The value of a financial asset is equal to present value of future cash flows which is provided by the asset. When investor buys a share of stock, (s)he typically expects to receive cash in the form of dividends and to sell the stock to receive cash from sale. However, the price any investor receives is highly dependent upon the dividends which the next investor expects to receive, and so on. Thus, the stock's value depends on cash dividends that the company is expected to provide and the discount rate used to find the present value of those dividends.

d. The formula to calculate present value of expected free cash flows is:

PVn=CFn(1+in)n

The formula for the present value of expected free cash flows when discounted at WACC is:

PV=∑Nn=0CFn(1+in)n

8 0
3 years ago
Crane Roofing is faced with a decision. The company relies very heavily on the use of its 60-foot extension lift for work on lar
Novay_Z [31]

Answer:

The company should replace the equipment.

Explanation:

The cost analysis is calculated as follows;

                         Retain                Replace                 Net Income

                                     Equipment        Equipment         Increase (Decrease)

Operating expenses     $146,400                0                      $146,400

($24,400*6)  

Repair costs            $39,000                 0                    $39,000

Rental revenue                      0                 -$60000              $60,000

($10,000*6)  

New machine cost              0                $166,500            -$166,500

Sale of old machine   0               -$24,500              $24,500

Total cost                  $185,400   $82,000               $103,400

From the calculation above, the equipment should be replaced as it incur a lesser cost compare to when it is retained.

8 0
3 years ago
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