subject
Business, 18.03.2020 21:31 anaruiz00

Caleb is a junior at JA Enterprise High School and plays rugby on the school team. He has a part-time job at a local fast-food restaurant and works 20 hours a week for $7.60 an hour. His gross monthly income is $608.00, and his take-home pay is $501.64. In his spare time, Caleb walks a dog belonging to an elderly neighbor. He earns an. additional $40 per month for that chore. Caleb's parents gave him a used car, and he pays his own insurance, which is $110 a month. His gas and maintenance expenses usually run $65 a month. He also has a cell phone and pays his parents $30 each month for his share of the family plan. In three weeks, Caleb plans to take a day trip to Six Flags amusement park. His admission will cost $50; and he plans to have $35 for meals and another $50 for incidentals
LO
Caleb needs to start saving for Christmas, which is in four months, and he usually spends around $200 on gifts for his family and friends. He also would like to buy a new $80 e-reader this month.
Though Caleb's parents will help pay for his college tuition, he knows that in two years, he will have to pay for his books and eam his own spending money. He is estimating that each semester, he will spend $300 on books and $600 of personal needs.
What is Caleb's net monthly income?

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 07:30, cecem58
Net income and owner's equity for four businesses four different proprietorships, jupiter, mars, saturn, and venus, show the same balance sheet data at the beginning and end of a year. these data, exclusive of the amount of owner's equity, are summarized as follows: total assets total liabilities beginning of the year $550,000 $215,000 end of the year 844,000 320,000 on the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (hint: first determine the amount of increase or decrease in owner's equity during the year.) jupiter: the owner had made no additional investments in the business and had made no withdrawals from the business. mars: the owner had made no additional investments in the business but had withdrawn $36,000. saturn: the owner had made an additional investment of $60,000 but had made no withdrawals. venus: the owner had made an additional investment of $60,000 and had withdrawn $36,000. jupiter net income $ mars net income $ saturn net income $ venus net income $
Answers: 3
image
Business, 22.06.2019 11:30, Merida06
12.     to produce a textured purée, you would use a/an a. food processor. b. wide-mesh sieve. c. immersion blender d. food mill. student a   incorrect which is correct answer?
Answers: 2
image
Business, 22.06.2019 18:00, theflash077
Large public water and sewer companies often become monopolies because they benefit from although the company faces high start-up costs, the firm experiences average production costs as it expands and adds more customers. smaller competitors would experience average costs and would be less
Answers: 1
image
Business, 23.06.2019 10:00, kelsgoat22
Brody and tanya recently sold some land they owned for $150,000. they received the land five years ago as a wedding gift from brody's aunt jeanette. she had already given them cash equal to the annual exclusion during that year. aunt jeanette purchased the land many years ago when the property was worth $20,000. at the time of the gift, the property was worth $100,000 and aunt jeanette paid $47,000 in gift tax. what is the long term capital gain on the sale of the property
Answers: 3
You know the right answer?
Caleb is a junior at JA Enterprise High School and plays rugby on the school team. He has a part-tim...

Questions in other subjects: