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coldgirl [10]
2 years ago
12

You are putting together your first post-graduation budget. Your take-home pay will be $2,500 per month. You estimate your month

ly costs to be rent of $800, car payment of $350, car insurance $150, car maintenance of $50, entertainment of $500, food expense of $250, mobile phone of $75, student loan payment of $225, and other expense of $300. How would you describe your budget after analyzing all of your income and expenses
Business
1 answer:
Mamont248 [21]2 years ago
8 0

Based on your pay and expenses, your budget can be described as having a deficit of <u>$175.</u>

<h3>Why is your budget a deficit?</h3>

Deficits occur when expenses are greater than income. The deficit here can be found as :

= Income - Rent - Car payment - Car insurance - Car maintenance - Entertainment - Food - Mobile phone - student loan payment - Other expense

Solving gives:

= 2,500 - 800 - 350 - 150 - 50 - 500 - 250 - 225 - 300

= -$175

In conclusion, the budget has a deficit of $175.

Find out more on deficits at brainly.com/question/26010226.

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What is a presentation can do?
stich3 [128]

Answer:

I recommend the Powerpoint format. If you present multiple pages But if the content is short, I recommend an infographic. Or it can be made into a video to add excitement or a Flip ebook looks exciting.

8 0
3 years ago
Allison is an entrepreneur who has started her own video game development company. She lives in california one of the designers
Mazyrski [523]
<h2>Entrepreneurs will be more likely to build virtual teams than to build brick-and-mortar offices.</h2>

Explanation:

Option A: Entrepreneurs surely depends on social media, but this is true for all the business not only suits given situation. This answer goes invalid.

Option B: Sitting and working in various state alone does not mean that they are doing international business.

Option C: Every organization concentrates on business and economy aspect. The given situation, does not speak anything about school. So this option goes invalid.

Option D: This option is valid. Now the trend is to work in various places and get connected with each other through internet. So it means that the teams are virtual. The teams are not built inside office which is made of brick.

4 0
3 years ago
The opportunity cost of an additional 100 dolls is 100 fire trucks. b The opportunity cost of an additional 100 dolls is 50 fire
SVEN [57.7K]

Answer:

The correct answer is The opportunity cost of an additional 100 dolls increases as more dolls are produced.

Explanation:

The opportunity cost is understood as the cost incurred in making a decision and not another. It is that value or utility that is sacrificed for choosing an alternative A and neglecting an alternative B. Taking a path means that the benefit offered by the discarded path is waived.

In any decision taken there is an implicit waiver of the utility or benefits that could have been obtained if any other decision had been made.

For each situation there is always more than one way to address it, and each form offers a greater or lesser utility than the others, therefore, whenever one or the other decision is made, the opportunities and possibilities offered by the others will have been renounced, that may be better or worse (opportunity cost greater or lesser).

7 0
3 years ago
Historical returns have generally been __________ for stocks of small firms as (than) for stocks of large firms.
g100num [7]

Historical returns have generally been higher for stocks of small firms as (than) for stocks of large firms.

<h3>What is stocks?</h3>

Stock in finance refers to the shares into which a corporation or company's ownership is divided. A single share of stock represents fractional ownership of the firm based on the total number of shares.

A stock is a type of instrument that implies the holder owns a share of the issuing firm and is typically traded on stock markets. Corporations issue stock in order to raise funds to run their enterprises. Stock is classified into two types: common and preferred.

Stocks are ownership stakes in a publicly traded corporation. When you purchase stock in a corporation, you become a part-owner of that company. If a corporation has 100,000 shares and you purchase 1,000 of them, you own 1% of the company.

To know more about stocks follow the link:

brainly.com/question/25818989

#SPJ4

3 0
1 year ago
Your client invested $10,000 in an interest-bearing promissory note earning an 11% annual rate of interest, compounded monthly.
REY [17]

Answer:

The correct answer is $21,522.04.

Explanation:

According to the scenario, the given data are as follows:

Present value = $10,000

Rate of interest  = 11%

Rate of interest (r) ( compounded monthly) = 11% ÷ 12 = 0.00916

time period  = 7 years

Time period ( compounded monthly) (t) = 7 × 12 = 84

So, we can calculate the future value by using following method:

FV = PV × ( 1 + r)^t

By putting the value, we get,

FV = $10,000 × ( 1 + 0.00916)^84

FV = $21,522.04

7 0
3 years ago
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