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ICE Princess25 [194]
2 years ago
14

Xi-ling has a net income that is 5% of her monthly salary of $2,315. Xi-ling would like to keep a net income of $50 and put any

additional money towards paying down debt. How much more can Xi-ling put towards paying down debt each month? a. $55. 75 b. $65. 75 c. $115. 75 d. $165. 75.
Business
1 answer:
vivado [14]2 years ago
4 0

Xi-Ling focussed on her debt management by setting aside a part of net income in paying down the debts. The amount that Xi-Ling put towards the debt is $65.75.

<h3>What is Debt Management?</h3>

Debt management is a tool that facilitates keeping the debt under control through planning and budgeting. It helps in clearing the problem of debt at an affordable pace.

Xi-Ling has a monthly salary of $2,315 out of which 5% is her net income. The net income therefore is:

\begin{aligned} \rm Net \:Income &=\rm Salary \times 5\%\\\\&= \$2,315 \times 5\%\\\\&= \$115.75\end

Out of the net income of $115.75, she keeps aside $50 and uses the rest in paying down her debts. Therefore, the amount used for debts is:

\begin{aligned} \rm Amount\:used\:in\:paying\:debts &= \$115.75 -\$50\\\\&= \$65.75\end

Hence the amount Xi- Ling put towards paying down the debts is $65.75.

Learn more about debt management here:

brainly.com/question/7924883

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Answer:

Incomplete question. Here's likely the complete question;

In this, the first case, Lee High, the newly hired cost accountant, computes the variable cost and the fixed cost per unit at a volume of 500 units of Great Heath per week. He uses this information to develop some guidelines for pricing. His boss, Charlton Blackheath, endorses the guidelines and adds a feature: a higher commission on sales at a higher price.

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3 years ago
With respect to the environment in which a business operates, factors such as competition, political and legal forces, and econo
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With respect to the environment in which a business operates, factors such as competition, political and legal forces, and economic climate would all be classified as uncontrollable elements.

What is a controllable element of the marketing environment?

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The main uncontrollable outside factors (economic, demographic, technological, natural, social and cultural, legal, and political) that have an impact on a firm's performance and decision-making.

Learn more about uncontrollable elements

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The main purpose of the wearable computing technology is that it providing a smart features and the various types of functions in the form of portable or small device.

According to the given question, Gipsi is running one of the manufacturing firm and recently she invest in the wearable computing device for improving the productivity by providing the efficient detail to the workers.  

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