Business, 10.09.2019 01:10 hemaam8

Louise mcintyre’s monthly gross income is $3,500. her employer withholds $820 in federal, state, and local income taxes and $370 in social security taxes per month. louise contributes $220 each month for her ira. her monthly credit payments for visa and mastercard are $125 and $120, respectively. her monthly payment on an automobile loan is $315.
a. what is louise's debt payments-to-income ratio? (enter your answer as a percent rounded to 2 decimal places.)
b. is louise living within her means?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 17:00, justyne2004

Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?

Answers: 1

continue

Business, 22.06.2019 17:30, gena75

Betty contracted with scooby’s skate store to deliver a pair of skates to jake for his birthday. scooby’s owner was going on a trip and delegated the delivery of the skates to brian. brian failed to make delivery. can jake sue brian for breach of contract, as he was not a party to the original contract? explain your answer. brian was not a party to the original contract. why would a court hold him responsible for failing to make delivery? if you do not think a court would hold him responsible, explain your answer. can jake sue scooby’s skates for breach of contract? explain your answer.

Answers: 2

continue

Business, 22.06.2019 19:00, Anonymouslizard

All of the following led to the collapse of the soviet economy except a. a lack of worker incentives. c. inadequate supply of consumer goods. b. a reliance on production quotas. d. the introduction of a market economy.

Answers: 1

continue

Business, 22.06.2019 20:40, kaylee0424

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year

Answers: 2

continue

You know the right answer?

Louise mcintyre’s monthly gross income is $3,500. her employer withholds $820 in federal, state, and...