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timurjin [86]
2 years ago
15

Angelica (23 years old) studied dance in college and graduated a year ago. She currently works as a dance instructor at a high s

chool for the arts. Her gross pay is $40,000 a year, or $3,333 a month. After taxes, health insurance, and other paycheck deductions, her net pay is $32,800 a year. The transmission on her old car just broke, and it will cost several thousand dollars to repair. She decides that it is time to purchase a new car. She does not have sufficient savings to buy a car outright, so she is planning on getting a car loan to make the purchase. She has monthly student loan payments of $342 and monthly rent of $750. Jill would like to keep her total debt-to-income ratio equal to or below the recommended level. What is the maximum amount her monthly car loan payment can be so that her total debt-to-income ratio is equal to or below the recommended limit
Business
1 answer:
marta [7]2 years ago
7 0

Answer:

$108 monthly car loan payment is the correct answer.

Explanation:

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How does demand-pull inflation differ from cost-push inflation?
kicyunya [14]
<span>Demand-pull inflation is asserted to arise when aggregate demand in an economy outpaces aggregate supply. It involves inflation rising as real gross domestic product rises and unemployment falls, as the economy moves along the Phillips curve. This is commonly described as "too much money chasing too few goods".</span>
4 0
2 years ago
Read 2 more answers
There are only four legal structures to form and operate a business.TrueFalse
coldgirl [10]

Answer:

The above statement is false.

Explanation:

The most common legal structure of business are as follows:

Sole proprietor : It is a form of business in which a business is fully controlled by only one person. He takes all the decision himself . He has unlimited liability. His personal assets are used by the creditors to recover their money

Partnership: It is a form of business in which minimum 2 person come together to form a partnership firm. They share profit and loss as agreed between them. They have a partnership deed . Every partner have unlimited liability .

Limited liability Partnership : This form is recently introduced. This form come under the limited liability 2008. It has separate legal entity.

Corporation: A corporation has a independent legal entity, separate from its owners and has different tax calculation than other structure. The owner of the corporation has limited liability upto their share in corporation

S-Corporation: This business structure is more simple than corporation. It is more beneficial for small owners and also have some tax benefits. S Corporation can also cash accounting system rather than accural method of accounting.  

Thus, the statement is false that the legal structure of business is only four.

6 0
3 years ago
Which of the following statements about internal models is FALSE?
Vesnalui [34]

Answer:

C. Internal Models use sensory information for motor control but do not to consider physiological or biomechanical features of the body.

4 0
3 years ago
If the Synyster Corp. has an ROE of 21 percent and a payout ratio of 20 percent, what is its sustainable growth rate?
Lynna [10]

Answer:

20.19%

Explanation:

The computation of the sustainable growth rate is shown below:

The Sustainable growth rate is

= (return on equity × b) ÷ (1 - (Return on equity × b))

= (0.21 × (1 - 0.20) ÷ (1 - (0.21 × (1 - 0.20)))

= 0.168 ÷ (1 - 0.168)

= 0.168 ÷ 0.832

= 20.19%

basically we applied the above formula to determine the sustainable growth rate

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Answer:jannwow0eouehehevhehehehehoepwowowExplanation:

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