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ruslelena [56]
3 years ago
8

PFC Kim's living expenses are $1200/month. Her base pay is $1546.80 and she also receives $6.90 in partial BAH and BAS of $367.9

2. How does her living expense-to-income ratio compare to the recommended maximum living expense-to-income ratio
Business
1 answer:
forsale [732]3 years ago
8 0

Answer:

Living expenses are less than the recommended maximum ratio

Explanation:

Since in the question it is given that

Living expenses = $1,200 per month

Base pay = $1,546.80

Received amount in partial BAH and BAS = $367.92

Now if we make the comparison between the living expense to income ratio and the high living expense to income ratio so it should be concluded that the living expenses are lower than the suggested maximum ratio and hence, the same is to be considered

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podryga [215]

Answer:

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7 0
3 years ago
A firm will exit a competitive market when A. costs force the marginal cost curve to shift to the left. B. the longrun profit wo
kakasveta [241]

Answer:

B. the longrun profit would be negative.

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

A firm would shut down in the short run if price is less than average variable cost and exit if it  is making a loss

4 0
4 years ago
A decrease in net taxes (select one):
icang [17]

Answer:

C, Raises aggregate expenditure by raising liable income, thereby increasing consumption.

Explanation:

Tax is a very important financial tool of any governmet to ensure its smooth running.

Tax can either be increased or decreased and each of these acts have their effects on the the counrty and on its people. For the purpose of this question, i will be sticking to tax decrease.

Tax decrease as the name implies is the reduction of taxes paid by individuals to the government from their taxable incomes.

When tax is reduced, there is a little more money for the people to spend and as such this affects the demand, consumption (of goods) as well as the gross domestic profit; GDP, of the country.

When the people have more money to spend, there is an increase in things they buy, wear, do, etc and so production in that country becomes high.

Tax decrease is most effective in a situations where there is high level of unemployment and slow paced economies.

cheers.

5 0
3 years ago
Livingston Co. uses process costing to account for the production of elastic bands. Direct materials are added at the beginning
madam [21]

Answer:

The total cost per unit using the weighted average method would be:

$15,97  

Explanation:

                Materials   Conversion Costs  

Begining  $ 14,000         $ 8,000  

APRIL          $ 72,000        $ 80,000  

TOTAL          $ 86,000 $ 88,000  

Units               8,000   8,000  

                       100% 50%  

WIP                4,000   2,000  

TOTAL              12,000   10,000  

USD/Unit          7,17              8,80   $15,97  

3 0
3 years ago
In the tiered architecture, the erp application is stored on the ________ tier
MissTica

The erp application is stored on the business logic tier in tiered architecture.

<h3>What is an erp application?</h3>

Also called a Enterprise resource planning software, involves the use of software, technologies and systems  to manage and integrate their core business processes.

As the tiered architecture is concerned, the erp application is stored on the business logic tier.

Read more about erp application

<em>brainly.com/question/14635097</em>

#SPJ12

6 0
2 years ago
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