Answer:
Rent each month = $1421
Amount left after rent and taxes monthly = $2453
Step-by-step explanation:
Gross salary; $61,992 per year
His gross pay per month will be;
61992/12 = $5166
Now, the standard recommended rule in budgeting for house rent is to use between 25% to 30% of your monthly pay for rent.
Now, let's adopt an average of 27.5%
Thus;
Amount he can afford for rent each month = 27.5% × 5166 = $1420.65 ≈ $1421
We are told he pays 25% of his gross monthly income in federal and state taxes.
Thus, amount spent on taxes each month = 25% × 5166 = $1291.5 ≈ $1292
Thus, amount he will gave left after rent and taxes = 5166 - (1421 + 1292) = $2453
Answer:
The correct answer is D. The financial analysis component of a business plan is to describe where the funds to start and operate your business will come from, when you expect to see profit, and how much profit you expect to see.
Step-by-step explanation:
Financial analysis is a type of economic analysis associated with the study of the financial results and financial condition of an organization. With the help of the analysis of the financial condition, it is possible to determine the strengths and weaknesses of the enterprise, the optimal management decision, forecasting individual indicators of the enterprise and financial activities in general, which, in turn, allows you to control the efficiency of the movement of financial flows, check the compliance with the norms and standards for the expenditure of financial and material resources and the feasibility of the costs incurred.
The purpose of the analysis of financial statements is an assessment of past activities according to the data of the report and the situation at the time of analysis, as well as an assessment of the future potential of the enterprise, that is, the forecast of the further development of the enterprise.
Answer:
a unit rate is a rate with 1 in the denominator! if you have a rate, such as price per some number of items, and the quantity in the denominator is not 1, you can calculate unit rate or price per unit by completing the division operation: numerator divided by denominator.
Answer:

Step-by-step explanation:

Thw probability is
.
-20=-4x-6x
First combine like terms.
-20=-10x
Divide by -10 on both sides
X=2