She can write a check, she can withdraw money from ATM, she fill out a withdrawal slip, she can transfer money to another account
Answer:
controllable margin = $100,000
Explanation:
given data
Income tax expense = $62000
Contribution margin = 180000
fixed costs = 80000
Interest expense = 68000
Total operating assets = 40000
to find out
How much is controllable margin
solution
we get here controllable margin that is express as
controllable margin = contribution - controllable fixed cost ....................1
put here value we get
controllable margin = 180000 - 80000
controllable margin = $100,000
Answer: The debt payments-to-income ratio is: calculated by dividing monthly debt payments (excluding mortgage payments) by net monthly income.
This ratio is a measure that analyze an person’s monthly debt payment in accordance with his/her monthly income.
The gross income is the pay before taxes and other variables are deducted.
<em>i.e. </em><em>debt payments-to-income ratio =
</em>
<em>Therefore, the correct option is (b)</em>