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3 years ago

When budgeting for your immediate needs, you should divide them into what two categories of expenses

Business

2 answers:

tino4ka555 [31]3 years ago

7 0

Answer:

discretionary and fixed expenses.

Explanation:

The primary expenses of any organization are broken down into fixed and discretionary. Fixed expenses refer to commitments established in the legislation: individual rights (social security, social assistance, unemployment insurance, etc.) constitutional minimum, bonds and salaries of civil servants, for example. Discretionary expenses are those over which the organization has some degree of decision, such as flow control expenses, for example.

In summary, when planning your immediate needs, you should divide them into two categories of expenses: discretionary and fixed expenses.

Usimov [2.4K]3 years ago

5 0

Fixed expenses and flexible expenses or Discretionary expenses

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A graduating high school student decides to take a year off and work to save money for college. The student plans to invest all

Oliga [24]

Answer:

$488.89

Explanation:

Data provided in the question:

Interest rate = 6% = 0.06

Since the interest is compounded quarterly, n = 4

Interest rate per period = 0.06 ÷ 4 = 0.015

Time = 12 months i.e 1 year

Future value = $6,000

Therefore,

Annuity per quarter = Future value × $[\frac{r}{(1+r)^n-1}]$

Annuity per quarter = $6,000 × $[\frac{0.015}{(1+0.015)^4-1}]$

Annuity per quarter = $6,000 × 0.244

Annuity per quarter = $1466.67

Therefore,

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2 years ago

Ryan is going to rent a truck for one day. There are two companies he can choose from, and they have the following prices. Compa

son4ous [18]

m≥95

Explanation:

Since, we have two option given.

forming the equation for Company A

As company A pay fixed (intercept) of $72.5. Moreover, with every one mile driven company A pays $0.4 (slope)

Using the equation

y=mx+c

where m is slope, and c is intercept.

In the case of company A. slope is $0.4, and intercept is $72.5.

charges= 0.4m+72.5

Forming the equation for company B

charges=0.9m+25

Now, as per the requirement of question we must find the value of m, where Company A will charge no more than company B

That means,

we have to find the value of m where charges from equation of company A should be less than or equal to charges from equation of company B

in other words,

0.4m+72.5 ≤  0.9m+25

solving for m,

Step 1

72.5-25 ≤ 0.9m-0.4m

Step 2

47.5≤ 0.5m

Step 3

47.5/0.5≤ m

Step 4

95≤ m

in other words, m≥95

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Shtirlitz [24]

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2 years ago

Discuss the difference between fixed expenses and variable expenses as they relate to a budget.

SSSSS [86.1K]

Fixed expenses are expenses that stay the same for a person or a business. An example of a fixed expense is rent/mortgage. This expense doesn't change if you are only usig the building for 2 weeks or the entire month, its a set rate. A variable expense is an expense that changes like an electric bill, it varies based on the month and usage. When you budget, you can easily budget for your fixed expenses but you need to allow some room in your budget for expenses that change.

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2 years ago

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Answer:

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