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
julia-pushkina [17]
3 years ago
13

Your gross income is 10,000 a month before taxes, and income taxes are estimated at a rate of 20%. In addition, your debt is $2,

000 per month. What is your monthly personal debt ratio.
A. 85%
B. 25%
C. 40%
D. 30%

I’m in between B and C because if you take away the 20% for taxes, you get 8,000 and 2000/8000 is 25%, BUT 2000 is 20% of 10000 and plus the 20% for taxes is 40%. What do I do?
Business
1 answer:
Aneli [31]3 years ago
5 0

Answer:

c because isnt 2000=20% of 10000 so 40%

Explanation:

You might be interested in
Mona sets up a business consulting firm in which the employees are motivated because they find their work interesting and creati
gayaneshka [121]

Answer:

Letter C is correct. <em>A firm that relies on high output controls to tap into intrinsic motivation.</em>

Explanation:

By carefully selecting the employees of his consulting firm, Mona ensures that each employee's expected competency and skills profile has been met through rigorous selection, which enhances the chances that operational strategies will be more widely deployed and accepted effective.

By setting the expected results, but letting the employees themselves define how to achieve them, it generates an intrinsic motivation, one that generates internal feelings in the individual to want to achieve personal goals, objectives and projects that motivate and stimulate them.

4 0
4 years ago
Solstice Company, which uses the direct write-off method, determines on October 1 that it cannot collect $66,000 of its accounts
saul85 [17]

Answer:

The journal entry for recovery is shown below:

Explanation:

When the company, determine that it could not collect the amount, then the entry which should be recorded is:

Accounts receivable A/c..........Dr  $66,000

            Bad debts expenseA/c........Cr  $66,000

But on October 30, the company received the full amount from the customer, then entry for recovery of the bad debt is as:

Cash A/c.................................Dr    $66,000

      Accounts Receivable A/c.......Cr   $66,000

4 0
3 years ago
You have $500,000 available to invest. The risk-free rate as well as your borrowing rate is 8%. The return on the risky portfoli
malfutka [58]

Answer:

d.borrow $375,000

Explanation:

Given that

Amount available to invest = $500,000

Risk free rate = 8%

Return on the risky portfolio = 16%

Now the computation is shown below:

The interest rate should be

Interest amount on borrowings = $375,000 × 8% = $30,000

So, the total amount available to invest is

= $500,000 + $375,000

= $875,000

Now the total inflow is

= $140,000 - $30,000

= $110,000

The $140,000 is come from

= $875,000 × 16%

So the 22% is come from

= $110,000 ÷ $500,000

6 0
3 years ago
The term that describes what occurs when a manager does what is in his/her best interests and not what is in the best interests
Rom4ik [11]

Answer:

Lowballing

Explanation:

4 0
3 years ago
To create the best design concept for your client, it is generally best to only consider the culture in which the interior desig
Komok [63]

I say false because you would need to know what they like or dislike

3 0
4 years ago
Other questions:
  • Which is the oldest form of money still in existence today?
    13·1 answer
  • Judith puts $5000 into an investment account with interest compounded continuously. which approximate annual rate is needed for
    13·1 answer
  • You have been hired to consult with the new chief of a police department that has been fraught with complaints of officer miscon
    5·2 answers
  • Sales this year at Stars and Stripes Consignment have been high, and based on several factors, Stars and Stripes projects next y
    5·1 answer
  • Which of the following is an example of selling? A college student asking a professor to let him enroll in a course section alre
    12·1 answer
  • The Silverside Company is considering investing in two alternative​ projects: Project 1 Project 2 Investment ​$400,000 ​$280,000
    14·1 answer
  • Connie thinks that her salary and tax rate for next year will be lower than for this year. What step should she take to minimize
    8·1 answer
  • Identify the simplifying assumptions usually made in net present value analysis.
    12·1 answer
  • Graff, Incorporated, has sales of $49,800, costs of $23,700, depreciation expense of $2,300, and interest expense of $1,800.
    11·1 answer
  • The twenty pieces of data that nielsen used to determine a solution to its employee turnover issue are classified as:_________
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!