Answer:
$1,411.25
Explanation:
The computation of the combined gross monthly income is shown below:
The earnings of Jose = $23.50 × 40 hours = $940
And, the earnings of Zola is
= $21.50 × 40 hours + 5 hours × $21.50
= $860 + $161.25
The total earnings is
= $940 + $860 + $161.25
= $1,961.25
And, the expenses are
= $500 + $50
= $550
So the combined gross monthly income is
= $1,961.25 - $550
= $1,411.25
You just add up all the numbers and you get the answer which is 23.60
Answer:
Definition 1:
FINANCE is the function in a business responsible for acquiring funds for the firm, managing funds within the firm, and planning for the expenditure of funds on various assets. ... FINANCIAL MANAGEMENT is the job of managing a firm's resources so it can meet its goals and objectives.
Definition 2:
Finance is critical in just about every business decision, from planning and budgeting and cash flow management to the capital structure and how you control risks and costs.
(please note that this was found by doing research.)
Hope this helps!
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