Xi-Ling focussed on her debt management by setting aside a part of net income in paying down the debts. The amount that Xi-Ling put towards the debt is $65.75.
<h3>What is Debt Management?</h3>
Debt management is a tool that facilitates keeping the debt under control through planning and budgeting. It helps in clearing the problem of debt at an affordable pace.
Xi-Ling has a monthly salary of $2,315 out of which 5% is her net income. The net income therefore is:
Out of the net income of $115.75, she keeps aside $50 and uses the rest in paying down her debts. Therefore, the amount used for debts is:
Hence the amount Xi- Ling put towards paying down the debts is $65.75.
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Answer:
the book value per common share is $60.
Explanation:
Book Value Per Share = Equity Applicable / Number of Shares Outstanding
= $60,000/ 1,000
= $60
Thus the book value per common share is $60.
<span>Teresa is an efficient manager. An efficient manager is someone who finds ways to complete the company goals with minimal waste, and as cost effective as possible. They find the best way to use the resources provided, including (but not limited to) employees, materials, technologies, or tools.</span>
Unless u.s. legislatures give courts and prison administrators more leeway to interchange prison sentences with community sentences, states will continue to find themselves in economic crises as they attempt to provide for the 33% of the inmate population projected to be elderly by the year 2030.
<h3>What is an economic crisis in your own words?</h3>
- The term "economic crisis" refers to a situation where a country's economy has a sudden decline in strength, typically caused by a financial crisis. The current economic situation could manifest as stagflation, a recession, or an economic depression.
- Asset values endure a sharp decrease in value during a financial crisis, firms and individuals cannot pay their loans, and financial institutions face a liquidity shortage.
- An economic crisis occurs when a country has a sudden decline as a result of a financial crisis, whereas a financial crisis is a situation in which the values of financial assets in an economy collapse rapidly.
- A debt crisis can result in significant losses for domestic and foreign banks, potentially jeopardizing the viability of financial systems both in the crisis-hit nation and beyond. This may hinder economic expansion and wreak havoc on international financial markets.
Unless u.s. legislatures give courts and prison administrators more leeway to interchange prison sentences with community sentences, states will continue to find themselves in economic crises as they attempt to provide for the 33% of the inmate population projected to be elderly by the year 2030.
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Answer:
If a taxpayer is liable to pay $8,950 under AMT law but $7,500 according to the regular tax system, the taxpayer will need to pay taxes according to the <u>AMT law.</u>
Explanation:
Every tax payer must pay the greater of Alternate minimum tax or regular income tax.
Therefore,
If a taxpayer is liable to pay $8,950 under AMT law but $7,500 according to the regular tax system, the taxpayer will need to pay taxes according to the <u>AMT law.</u>
