Question 4 of 10: your average weekly take home wage is $615. you take a one-week paid vacation and a second week unpaid vacati
you have calculated your total annual expenses to be $31,320 per year. what is your cash surplus at the end of the year? ?

$45

Step-by-step explanation:

Here we need to calculate the income of this year.

We know that a year has 52 weeks. And, our payed weeks are 51, they are, the 50 weeks we work plus the one week of paid-vacation. The remaining week does not give us income, as is unpaid. So our total year income is:

51 * $615 = $31,365

So, our surplus will be our income minus our expenses:

Surplus = $31,365 - $31,320 = $45

Our cash surplus is $45

As we have 52 weeks in a year and we have 2 weeks vacation,1 is paid and 1 is unpaid, the actual amount can be calculated from that, and hence according to the calculation, the cash surplus at the end of the year is $45.

Given information:

The average weekly take home is $615

The total annual expenses will be $31320

As we have 52 weeks in a year and we have 2 weeks vacation

1 is paid and 1 is unpaid

So, actual cash will be,

Now we have total amount is

Hence,

Surplus =

Surplus =

Hence, the cash surplus at the end of the year is $45.

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step-by-step explanation: