Credit counselors often suggest the use of the 20/10 Rule to people beginning to use credit:
Your total borrowing should never exceed 20 percent of your yearly take-home pay, and you should
never take on monthly payments that total more than 10 percent of your monthly take-home pay.
If your yearly take-home pay is $27,000, your total borrowing should not exceed .
If your monthly take-home pay is $2,250, your monthly credit payments should not be more than
Answers: 2
Business, 22.06.2019 15:10, emilee30
You want to have $80,000 in your savings account 11 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. if the account pays 6.30 percent interest, what amount must you deposit each year? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
Answers: 1
Business, 22.06.2019 15:30, gracerich
University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times
Answers: 2
Credit counselors often suggest the use of the 20/10 Rule to people beginning to use credit:
Your...
Chemistry, 22.10.2020 09:01
Social Studies, 22.10.2020 09:01
Mathematics, 22.10.2020 09:01
English, 22.10.2020 09:01
Mathematics, 22.10.2020 09:01
Biology, 22.10.2020 09:01