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
valina [46]
3 years ago
11

What basically compares what an individual owes compared with how much they earn monthly?

Business
1 answer:
STALIN [3.7K]3 years ago
3 0

Answer:

C. Debt to Income Ratio

Explanation:

The debt to income ratio (DTI)provides a picture of the level of debts of a borrower. The DTI is usually expressed as a percentage of gross income. A high debt to income ratio indicates a person spends a high percentage of income on paying debts.

Lenders use the debt to income ratio to assess a borrower's ability to repay debts. Individuals with low DTI are preferred to those with a high one.

You might be interested in
A corn farmer is considered a ________ if he chooses not to join the national interest group his fellow farmers created, yet sti
muminat
A corn farmer is considered a free rider if he chooses not to join the national interest group his fellow farmers created, yet still reaps the benefits of the tax incentives the group lobbied for and won. 
The free rider problem is an economic concept of a market failure that occurs when people or individuals are benefiting from resources, goods or services that they do not pay for. In our case, the corn farmer is benefiting from the tax incentives the group lobbied for, yet he or she made zero input or effort to contribute to the groups agenda in getting tax incentives. <span />
7 0
3 years ago
The leadership style advocating that a leader involve subordinates in most decisions
OlgaM077 [116]

Answer:

E) participative.

<u>The multiple-choice options for this question are: </u>

A) laissez-faire.

B) hands-off.

C) existential.

D) authoritarian.

E) participative.

Explanation:

In the participative leadership style, the manager invites employees' input when making all or most company decisions. The employees are adequate information regarding company issues. Each of the staff members is accorded an opportunity to make their contribution to the subject matter. If the team cannot reach a consensus, a majority vote determines the direction the company will take.

Participative leadership is criticized for slow f decision-making. Its main advantage is that decisions are easily acceptable by all, making implementation seamless.

7 0
3 years ago
Haag Corp.'s 2015 income statement showed pretax accounting income of $1,250,000. To compute the federal income tax liability, t
Galina-37 [17]

Answer:

$80,000

Explanation:

The taxable Income of the Haag Corp can be calculated using the following formula:

Taxable income=Pretax accounting income-income exempt for tax purposes-excess depreciation allowed for tax purposes.

Applying the above formula to the given question:

Pretax accounting income:                                                               $1,250,000

Income  from exempt municipal bond:                                              ($50,000)

Excess depreciation deducted for tax purposes                             ($100,000)

Taxable income                                                                                  $1,100,000

Tax on taxable income(30%*1,100,000)                                            $330,000

Less: Federal income tax already paid                                            ($250,000)  

Tax Liability to be included in Hagg's balance sheet                     $80,000

8 0
3 years ago
Communication exchanges are viewed through an individual's , which influences how the communication is interpreted.
trasher [3.6K]
Human communication- a process in which people generate meaning through the exchange of verbal and nonverbal messages
8 0
2 years ago
The government of Diarmina recently passed a law that requires foreign companies to partner with Diarminian companies if they wa
Orlov [11]

Answer:

Policy uncertainty

Explanation:

Policy uncertainty is a class of economic risks associated with erratic economic policy of the government of a particular country. Policy uncertainty discourages investment and raises the investment risk factor of an economy.

It can come from unstable and unexpected monetary or fiscal policy of a regime or unpredictable regulatory framework.

5 0
3 years ago
Other questions:
  • July Company currently outsources a relay switch that is a component in one of its products. The switches cost $20 each. The com
    13·1 answer
  • Suppose the government has imposed a price ceiling on sale of laptop computers. Which of the following events could transform th
    10·1 answer
  • Scott Bestor is an accountant for Westfield Company. Early this year, Scott made a highly favorable projection of sales and prof
    11·2 answers
  • What are the period and vertical shift of the cosecant function below? period: ; vertical shift: 1 unit up period: ; vertical sh
    15·2 answers
  • Using the CAPM, compute the cost of equity capital for the lodging division at the target leverage ratio for the division. Expla
    6·1 answer
  • Determine the annual financing cost of a 6-month (182-day) 20,000 discounted bank loan at a stated annual interest rate of 10 pe
    10·1 answer
  • Distinguish between the features and benefits of getting a student loan and getting a grant or a scholarship.
    8·2 answers
  • Hakara Company has been using direct labor costs as the basis for assigning overhead to its many products. Under this allocation
    13·1 answer
  • The full disclosure principle: Multiple Choice Prescribes that accounting information is based on actual cost. Provides guidance
    8·1 answer
  • Josh was hired to establish lean processes for a local manufacturing facility. He creates a plan, but he also hires a leading ex
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!