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3 years ago

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.

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Suppose that 3 months ago you entered into an forward rate agreement, and that under the terms of the contract you will receive

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3 years ago

Question 1

Lorico [155]

The answer is D because on a resume, you want it to be very formal and adequate. Second, you want it brief and short. Third, you want it all to be relevant to the right things and to what you are giving the resume for.

I hope this helped! Brainliest? :)

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3 years ago

Consider an economy described by a specific factors model with an Agricultural and a Manufacturing Sector. The country is open t

ASHA 777 [7]

Answer:

с. The number of workers employed in manufacturing will increase.

Explanation:

When there's a sudden increase of specific capital in a certain sector, in this case, the Manufacturing Sector, the consequences could be an increase in the number of workers employed, since they have more money to invest and to produce more products. If you have more capital it means you're selling more or someone is investing in your sector, which means there's more demand for your products and you need to produce more.

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3 years ago

pelase someone help me im in grade 9 intro to business i need this i have no clue and its due tonight

iren2701 [21]

Question:

Monthly BudgetAssignmentNancy and Shawn Miller are a newly married couple in their early 30s. They are currently renting a one-bedroom apartment in the city but would like to purchase a two-bedroom condominium within the next two years. Their combined gross annual income is $96 000. Each month, they pay $700 in wedding debt and $610 for student loans. Rent is $1200 and includes utilities. Their monthly transit passes cost $200. They spend $520 each month on groceries and an additional $275 for cable, Internet, and telephone. Approximately $250 is spent every month on clothing. They like to have about $350 per week in discretionary income for leisure and miscellaneous expenses, such as movies, books, and CDs. They would like to save $15 000 over the next two years for a down payment. Create a monthly budget for Nancy and Shawn. Assume tax deductions of 30 percent

Explanation:

Gross Income- 96, 000

Deductibles- $700 (wedding debt) and TAX (30%)

Necessities

Rentxxx 12000 RENT

Debt $700 (wedding debt) and 610 (student loans)

Paymentsxxx

Student Loan Payments 610 (student loans)

xxxCable, Phonexx Internet, 275 (cable, internet etc)

xGroceries 520 (groceries)

xxxTransit Passesxxx 200 (transit)

Clothes 250 (clothing)

= TOTAL COST: 15,255 INCOME AFTER COSTS: 80,745

$350 per week in discretionary income for leisure and miscellaneous expenses, such as movies, books, and CDs.

$15 000 over the next two years for a down payment

The total after paying for the above things, is 80,745. If they want 350 a week for leisure and 15000 for a down payment... they would have 65,395! :) Divide that by 12 months, and you would have 5,449!

HOPE THIS HELPS! :)

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3 years ago

Annual general meeting what is it?

Sonbull [250]

Answer: Gathering of the directors and stockholders (shareholders) of every incorporated firm, required by law to be held each calendar year. Generally, not more than 15 months are allowed to elapse between two AGMs, and a 21-day's written notice of its date is required to be given to the stockholders. The main purpose of an AGM is to comply with legal requirements, such as the presentation and approval of the audited accounts, election of directors, and appointment of auditors for the new accounting term. Other items that may also be discussed include compensation of officers, confirmation of proposed dividend, and issues raised by the stockholders.

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3 years ago