Answer:
C increase the money supply in the economy
Explanation:
apex
Answer:
C. Life insurance company
Explanation:
- Life insurance is an insurance company that deals with a product that provides reinsurance in the event of the untimely death of the insured.
- There are also products that offer a savings / investment portion that saves insurance space for their future or for a specific period.
so correct option is C. Life insurance company
Answer:
The correct answer is letter "A": Lose their personal assets as the result of their company's financial problems.
Explanation:
A general partnership is the type of business that is set in a form in which all the individuals involved in the ownership of the business share the assets, profits, and legal liabilities. General partnerships are said to be <em>unlimited liable </em>since the <em>personal assets of the individuals involved can be taken into consideration in front of business obligations</em>.
Answer:
a. contribution margin divided by sales
Explanation:
The contribution margin ratio is the relationship between contribution and sales. The contribution margin ratio is determined by dividing contribution with the sales amount.
Answer:
1. 26.79%
2. No
Explanation:
a. The computation of debt payment to income ratio is shown below:
The income would be equal to
= Monthly gross income - federal, state, and local income tax - social security taxes - IRA
= $3,500 - $820 - $370 - $220
= $2,090
And, the debt payments equal to
= Visa card + master card + automobile loan
= $125 + $120 + $315
= $560
So, the debt payment to income ratio would equal to
= $560 ÷ $2,090
= 26.79%
b. we conclude that debt percentage is more than the monthly payments.
