1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ksenya-84 [330]
2 years ago
5

The Phillips family has a joint gross monthly income of $11,300. The $499 lease payment for their car expires in four months. A

student loan that has been deferred will kick in at the end of the year, and payments will be $210 monthly. Joe Phillips pays child support for his children with his first wife in the amount of $2,200 per month, but $600 of that will drop off in four months when his oldest son turns 18. They are buying a new home with a loan that carries a $2,700 a month payment. What is their housing ratio
Business
1 answer:
Vladimir79 [104]2 years ago
8 0

Answer:

24%

Explanation:

Calculation to determine their housing ratio

Using this formula

Housing ratio= Housing expenses / Gross monthly income

Let plug in the formula

Housing ratio= $2,700/ $11,300

Housing ratio= 24%

Therefore their housing ratio is 24%

You might be interested in
The Fun Tyme Toy Company discovers that one of its products can easily break, exposing children to potential injury from the sha
Novosadov [1.4K]

Answer:

A) 24 hours

Explanation:

The Consumer Product Safety Act (CPSA) established the Consumer Product Safety Commission (CPSC) which is the government entity in charge of setting product safety standards, requesting recalls and banning products if necessary.

In this case, if a toy is potentially dangerous then the company must notify the CPSC within one business day and start the recall procedure immediately.

4 0
3 years ago
Assuming the staffers' personnel files have data on the Big Five, how could that data be used to inform the decisions about comb
DIA [1.3K]

Answer:

The big five characteristics include agreeableness, conscientiousness, extraversion, neuroticism and open to new experience.

Explanation:

The data captured within the big five characteristics can be used to inform the decisions about combining areas of expertise in job specifications.

The profile of someone who could take on a lot more will include all the characteristics in the big five except neuroticism.

Someone that is neurotic expresses anger easily and is prone to depression. This is a self conscious individual that is easily irritated.

7 0
3 years ago
What is the key to making extemporaneous speech sound professional and natural
Usimov [2.4K]
Well mainly extemporaneous speeches can be hard,  finding the right words without advanced notice may not be for every speaker. But trust me! No need to worry..... :) The extemporaneous speech is a perfect balance!!!!! This speech involves the speaker's use of notes and some embellishment to deliver a speech. To clear this up, a speaker who uses this method would have note cards or prompts that guide him from point to point, but he uses his own words as he goes along. What makes this different than an impromptu speech is that he has a loose guideline for his speech. He did not memorize anything....... he just used cues to know where to go next.
There are advantages but there are disadvantages to this type of speech sadly..... :(  For one, the audience will think you are a genius. You used few notes and appeared to know everything about the topic. But this is not something that can be done quickly. The same fact finding and research used for other types of speeches must be used here. The speaker also must rehearse this speech for timing, rhythm and flow. Now, if shooting from the hip is not your style, you may want to consider reading your speech!!!! :) But ya. I hope this is better. XD sorry about that.
6 0
3 years ago
Access the EDGAR database (SEC.gov) and obtain the July 2018 form 10K filing (for the year ended May 31, 2018) for NIKE, Inc.
stich3 [128]

<u>Solution and Explanation:</u>

Particulars                        2018  2017  2016

Revenues (a)                        36,397  34,350  32,376

Cost of sales (b)                20,441  19,038  17,045

Gross profit (c) = (a) - (b)  15,956  15,312  14,971

Gross margin ration

\text { (c) } /(a) * 100                           43.8%  44.6%  46.2%

Monetary 2018 Compared to Fiscal 2017  

For monetary 2018, our merged gross edge was 80 premise focuses lower than financial 2017, essentially mirroring the accompanying components:  

• Unfavorable changes in net outside cash trade rates, including supports (diminishing gross edge roughly 90 premise focuses);  

• Lower NIKE Direct edge (diminishing gross edge roughly 10 premise focuses) reflecting higher blend of off-value deals in the principal half of financial 2018, which was in part balanced by edge extension in the second 50% of monetary 2018;  

• NIKE Brand the maximum ASP, net of limits, on a discount proportionate premise, which was level for financial 2018 as higher limits in the principal half of monetary 2018 were counterbalanced by higher the maximum ASP in the second 50% of the year; and  

• NIKE Brand item costs, on a discount equal premise, which were level.  

<u>Financial 2017 Compared to Fiscal 2016  </u>

For financial 2017, our merged gross edge was 160 premise focuses lower than monetary 2016, basically determined by the accompanying elements:  

• Higher NIKE Brand the maximum ASP, net of limits, on a discount comparable premise (expanding gross edge around 70 premise focuses) lined up with our methodology to convey creative, premium items to the purchaser;  

• Higher NIKE Brand item costs (diminishing gross edge roughly 100 premise focuses) as an expansion in the blend of greater expense items and work input cost swelling more than balance lower material information costs;  

• Unfavorable changes in net remote money trade rates, including fences (diminishing gross edge around 90 premise focuses); and  

• Lower NIKE Direct edges (diminishing gross edge roughly 20 premise focuses) mirroring the effect of higher off-value deals.

5 0
3 years ago
A type of checking and savings account issued by bank or credit union?​
Natalka [10]

Answer:

Credit Union.

3 0
2 years ago
Other questions:
  • Consider the economy of Athenia. In 2018, Athenia has a GDP of $100 billion and a net national debt of $50 billion. Over the nex
    9·2 answers
  • When janice went to work as a hair stylist in rick's beauty shop, she entered into an agreement with rick whereby if she left sh
    8·1 answer
  • Which of the following statements is true?
    12·1 answer
  • Studies indicate that the price elasticity of demand for cigarettes is about 0.4. A government policy aimed at reducing smoking
    14·1 answer
  • A macroeconomist - as opposed to a microeconomist - would study a. the effects of raising the gasoline tax on transit ridership.
    9·1 answer
  • Taking a self-assessment test is a good way to learn about your self and careers that are suitable for you answer.
    14·1 answer
  • 1. Almost half the jobs in this country come from small businesses.<br> True<br> False
    15·1 answer
  • What options are available on the Group, Sort, and Total pane? Check all that apply.
    7·2 answers
  • 2. Now, find out what type of business it actually is. If you chose a small business, it is likely to be a sole proprietorship o
    12·1 answer
  • In perfect competition, firms will be able to earn economic profits in: Select an answer and submit. For keyboard navigation, us
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!