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
yarga [219]
2 years ago
8

How can manage my budget?

Business
1 answer:
Sergeu [11.5K]2 years ago
8 0

Answer:

<em>Hope</em><em> </em><em>my</em><em> </em><em>answer</em><em> </em><em>helps</em><em> </em><em>you</em><em> </em><em>:</em><em>)</em><em> </em>

<em>if</em><em> </em><em>helps</em><em> </em><em>mark</em><em> </em><em>me</em><em> </em><em>brianliest</em><em> </em><em>okay</em><em> </em>

<em>have</em><em> </em><em>a</em><em> </em><em>nice</em><em> </em><em>day</em><em> </em><em>(⌒▽⌒)</em>

Explanation:

How to budget money

  • Calculate your monthly income, pick a budgeting method and monitor your progress.
  • Try the 50/30/20 rule as a simple budgeting framework.
  • Allow up to 50% of your income for needs.
  • Leave 30% of your income for wants.
  • Commit 20% of your income to savings and debt repayment.
You might be interested in
Economic integration is an indispensable tool of economic development. Explain five (5) rationale for Nigeria's affinity with th
Sliva [168]

Answer: nice guy

Explanation:hi Mann watsupp

3 0
3 years ago
A current loan balance is $118,000 on a 30-year loan at 7% interest, with a monthly payment of $831.63 for principal and interes
shusha [124]

Answer:

$143.30

Explanation:

In order to determine the principal reduction payment, the monthly interest will need to be calculated. The interest will then be deducted from the total monthly payment to compute the principal reduction payment:

Annual Interest           = $118,000 X 7/100

                                   = $8,260

Monthly interest         = $8,260/12

                                   = $688.33

Principal reduction    =  $831.63 - $688.33

                                   = $143.30

6 0
3 years ago
Suzanna decided not to pay federal income tax, saying that paying federal income tax is optional. Describe two possible conseque
Romashka [77]

Answer:

Not filing your return will cost you an additional 5 percent of your unpaid tax bill each month.

Not paying what you owe will add an extra 0.5 percent each month to your overall IRS debt.

If you did not file on time and did not pay any tax you owed, you are subject to both penalties. However, the IRS actually gives you a bit of a break. The maximum penalty that you’ll pay for both in any given month is 5 percent, rather than 5.5 percent.

If you don’t file or pay for five months, the failure-to-file penalty will max out at 25 percent of your unpaid taxes. But the 0.5 percent failure-to-pay penalty will continue to accrue, up to another 25 percent of what you owe, until the tax is paid.

Interest also is charged on the overdue amount

If your due a refund then the only way to get it is to file

Explanation:

7 0
2 years ago
Read 2 more answers
Margie Company produces a single product and has provided the following data concerning its most recent month of operations: Sel
DiKsa [7]

Answer:

$225,400

Explanation:

The computation of total contribution margin under variable costing is shown below:-

Sales (4900 × $88)                             $431,200

Less:Variable cost  

Direct material (4900 ×  $12)              ($58,800)  

Direct labor (4900 × 23)                    ($112,700)  

Variable manufacturing overhead

(4900 ×  2)                                            ($9,800)  

Variable selling and administrative

expenses (4900 × $5)                         ($24,500)  

Total variable expenses                     ($205,800)

Contribution margin                           $225,400

Therefore the total contribution margin under variable costing is $225,400

6 0
3 years ago
Two methods of accounting for uncollectible accounts are the
aliya0001 [1]

Answer:

Correct option is (d)

Explanation:

An account is termed uncollectible if they are not expected to be paid. There are two methods to write off these accounts:

1. Direct write off method: In this, the account recognized at uncollectible is directly charged to profit and loss account as an expense.

2. Allowance method: Under this method, a provision for doubtful debt is created where anticipated bad debts are charged. When an account needs to be written off, doubtful debt is debited and accounts receivables are credited.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Wanda is the Chief Executive Officer of Pink corporation, a publicly traded, calendar year C corporation. For the current year,
    13·1 answer
  • You are looking to buy a car and you have been offered a loan with an APR of 5.7 %​, compounded monthly. a. What is the true mon
    7·1 answer
  • Kiwis and strawberries are substitutes for consumers. An increase in the price of a kiwi coupled with an increase in the number
    8·1 answer
  • $6000 is invested into 2 accounts at 8% and 7.5% and the total interest is $472.50 how much is invested at 8%?
    10·1 answer
  • Among the following traits which trait is most likely to be present in the second identical twin if it is present in the first?
    9·1 answer
  • Janelle Heinke, the owner of Ha'Peppas!, is considering a new oven in which to bake the firm's signature dish, vegetarian pizza.
    8·1 answer
  • Harry Rawlings wants to withdraw $10,000 (including principal) from an investment fund at the end of each year for 5 years. How
    6·1 answer
  • Top earning game of USA​
    9·1 answer
  • What would a world populated by clones of you be like?
    14·2 answers
  • Suppose you are an aide to a U.S. Senator who is concerned about the impact of a recently proposed excise tax on the welfare of
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!