Prepare a monthly and yearly budget for Bill and Maura Jones based on the following information. They plan
on putting $50 into a college fund.
Net paychecks total = $1,555 monthly
Average monthly expenses:
Rent
$450
Utilities
$ 80
Gasoline
$ 70
Insurance
$ 90
Clothing
$ 50
Groceries
$300
Car payment $190
Car Maintenance
$ 50
Telephone
$ 25
Entertainment and Recreation $100
Gifts and donations $ 10
Personal care
$ 25
Miscellaneous $ 50
Savings - To be determined
Answers
Answer:
it is c on usa
Explanation:
The Jones have monthly income of $ 3,110, expenses of $ 1,540, and savings of $ 1,570. In turn, the Jones have annual income of $ 37,320, expenses of $ 18,480, and savings of $ 18,840.
To establish an annual and monthly budget for the Jones, taking into account the expenses raised, the following calculation must be performed:
All the expenses must be added, and thus the monthly budget is obtained. It must be multiplied by 12 to obtain the annual budget. 50 + 450 + 80 + 70 + 90 + 50 + 300 + 190 + 50 + 25 + 100 + 10 + 25 + 50 = X 1,540 = X 1,555 x 2 = 3,110 3,110 - 1,540 = 1,570
Thus, the Jones have monthly income of $ 3,110, expenses of $ 1,540, and savings of $ 1,570.
3,110 x 12 = 37,320 1,540 x 12 = 18,480 1,570 x 12 = 18,840
In turn, the Jones have annual income of $ 37,320, expenses of $ 18,480, and savings of $ 18,840.
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Related Questions
Kaylin works in the Manufacturing career cluster. The daily tasks of her career involve looking at ways that her company is at risk for causing problems to the health of its workers. She also analyzes those problems and comes up with solutions to implement.
What job does Kaylin most likely have?
Occupational Health and Safety Specialist
Environmental Science and Protection Technician
Quality Control Analyst
Product Safety Engineer
Answers
Answer:
A-Occupational Health and Safety Specialist
Explanation:
Occupational Health and Safety Specialist. Hence, option A is appropriate.
What is the meaning of Health?A state of complete physical, mental, and social well-being is referred to as health. A balanced diet and consistent exercise are necessary for a healthy life cycle. Additionally, one needs to maintain appropriate hygienic practices, live in a decent shelter, and get adequate sleep.
Your lifestyle should include a commitment to good health. A healthy lifestyle can aid in the prevention of chronic diseases and debilitating conditions. Your self-esteem as well as self-image depend on how you feel about yourself and how well you take care of your physical and mental well-being. Living a healthy lifestyle means taking care of your body.
Personal health is divided into five categories: physical, emotional, social, spiritual, and intellectual.
The WHO Constitution defines "health" as "a condition of complete physical, mental, and social well-being and not only the absence of disease or disability." Balanced health is based on five pillars: activity, diet, sleep, stress reduction, and social interaction. While we can borrow from or swap out part of the balance in one area for another, when we take too much of too many of these fundamentals, our general health begins to deteriorate.
Hence, option A is correct.
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Asset sales, Usage fees, Brokerage frees, and advertising are all ___?
Types of businesses
sources of business revenue
Subscriptions
All of the above
Answers
Answer:
sources of business revenue
Explanation:
Revenue is the money a business gets from its normal trading activities. It is the income a business obtains through the sales of goods and services to customers. Revenue includes discounts received and purchase returns.
The sale of an asset is revenue to a business because it will receive money from the transaction. Usage fees, Brokerage fees, and advertising are money that businesses receive for offering services.
Which statement best explains the law of demand?
O The quantity demanded by consumers increases as prices rise, then decreases as prices fall.
O The quantity demanded by consumers decreases as prices rise, then increases as prices fall.
O The quantity demanded by producers increases as prices ise, then decreases as prices fall.
O The quantity demanded by producers decreases as prices rise, then increases as prices fall.
Answers
The correct answer is The quantity demanded by consumers decreases as prices rise, then increases as prices fall.
Explanation:
The demand or desire of consumers to buy a certain product is widely affected by the price of the desired product. Indeed, a low price leads to a higher demand because consumers can buy more units of the same product and this motivates them to buy more; while a high price decreases the demand.
For example, if donuts normally cost $1 and their price decreases to $0.5 this will increase the demand or number of donuts people want people they can buy more units and the product can be afforded by more people. On the opposite, if the price increases to $2 people will buy fewer donuts because these would not be affordable for some people, and in general people will spend more money on each donut.
Answer:
the option is b on edge......
Why would someone choose to start a franchise business?
Answers
Answer:
The franchise organization model offers the franchisee the ability to grow under a common brand and share in the benefits of a larger group of business owners. ... Training from successful business operators. A lower risk of failure and/or loss of investments than if you were to start your own business from scratch.
Before we dig into Home Safety... Why is home safety important to learn about? In what ways can being educated in
home safety help you as you begin to purchase a home, move into a new home, and observe new homes that you visited?
Answers
Answer:
so you cant die
Explanation:
Suppose 10-year t-bonds have a yield of 5.30% and 10-year corporate bonds yield 6.75%. Also corporate bonds have a 0.25% liquidity premium versus 0 liquidity premium for T-bonds and the maturity risk premium on both treasury and corporate 10-year bonds is 1.15%. What is the default risk premium on corporate bonds?
Answers
Answer:
1.20%
Explanation:
Calculation for What is the default risk premium on corporate bonds
Using this formula
Default risk premium=Corporate yield-T-bond yield-LP, corporate bond only
Let plug in the formula
Default risk premium=6.75%-5.30%-0.25%
Default risk premium=1.20%
Therefore the default risk premium on corporate bonds is 1.20%
Why do countries trade with each other?
Answers
Enright Industrial Leasing has effective control processes, allowing its managers to discover ______ in bookkeeping right away, before a would-be embezzler could seriously affect its business.
Answers
irregularities and errors
Explanation:
Due to its efficient control procedures, Enright Industrial Leasing's managers are able to identify abnormalities and bookkeeping mistakes as soon as they arise, preventing a potential embezzler from negatively impacting the company's operations.
What is bookkeeping?Accounting in businesses and other organizations involves the recording of financial transactions, which is known as bookkeeping. It entails putting together the original paperwork for all corporate operations, transactions, and other occurrences.
A person, a business, or a corporation may engage in transactions such as buying, selling, receiving, and paying money. The single-entry and double-entry bookkeeping systems are two of the widely accepted techniques for keeping financial records.
Despite the fact that some people might consider this to be "genuine" bookkeeping, any procedure for documenting financial transactions qualifies as bookkeeping.
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Jessica is currently a freshman in college who wants to work for the Health, Safety, and Environmental Management
career pathway. Which best describes the path she should take to give her the typical education for her goal?
Answers
Answer:
The answer is A.
Explanation:
I did it on the unit test on Egde 2020.
Answer:
Jessica should get her bachelor's degree and try to intern with a brownfield redevelopment specialist.
Explanation:
or C for short.
As a rule of thumb, how often should an entrepreneur reevaluate her compensation package? Question 27 options: Every month Every 6 months Every 12 months Every 18 months
Answers
Every 12 months.
Explanation:
Generally, as industry practice an entrepreneur re-evaluate her compensation package for every 12 months.
what are the positive impacts of Title VII of the Civil Rights Act of 1964 on US companies. How did this historic change in US law benefit companies?
Answers
Answer:
The Civil Rights Act of 1964 hastened the end of legal Jim Crow. It secured African Americans equal access to restaurants, transportation, and other public facilities. It enabled blacks, women, and other minorities to break down barriers in the workplace.
Explanation:
Hannah is acting as a (Choose between: manager, leader) when she establishes her department’s work schedule for the next month.2) As a manager seeks to develop her leadership skills, she should be aware that:A) Leadership is primarily about personal efficiencyB) Leadership is first and foremost about establishing a personal bond with employeesC) Many different styles of leadership can be effectiveD) There is one best leadership style to which all managers should aspire3) In a Harvard Business Review article, consultant Ben Dattner emphasizes the importance of giving credit to others for their good ideas and successes, both in private and in public. A leader with (humility, egotism, will, discipline) would generally behave in this way.
Answers
Answer:
leader
Explanation:
She has leadership or whatever it says abt leader ship. She doesn't sound like she would want to be a manager
Hannah is acting as a leader when she establishes her department’s work schedule for the next month.
As a manager seeks to develop her leadership skills, she should be aware that Many different styles of leadership can be effective. Thus the correct option is C.
In a Harvard Business Review article, consultant Ben Dattner emphasizes the importance of giving credit to others for their good ideas and successes, both in private and in public. A leader with will would generally behave in this way.
What is a leader?A leader refers to an individual who carries as the art of directing and influencing pople or groups of people in an organization with pleasing efforts to gain their support and help them to grow by providing better direction.
A manager is a person who oversees a project and is accountable for allocating resources, monitoring the project's development, and ensuring that it is completed on schedule in order to fulfill the organization's mission and goals.
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How are logical operators used?
To identify and correct errors
O To make decisions
O To determine a problem
O To create a plan
Answers
Answer:
To identify and correct errors
Explanation:
Oliver's company is planning the launch of their hybrid cars. The company has included "never-before-seen" product benefits in the hybrid cars. Which type of advertising should Oliver's company use for the new cars?
Answers
Answer:
Guerrilla marketing
Explanation:
Guerrilla marketing is one of the marketing and advertising methods. In this method, the conventional means are not adopted for the promotion of the product. The seller adopt methods to grab the attention of the buyers and the customers. In this method, surprises, catchy lines and promotional techniques are used lure the customers. Here imagination and creativity is given priority for the promotion.
In the given excerpt, Oliver's company used a tag "never-before-seen" to attract the customers.
Get them before they all sell out!!!!
Answers
Answer: ooo hehe boi thx for the points
Explanation: the answer is my happyness
Jack wanted a new pair of Nike sneakers that were in sale for 45% off of the original price of $65.
What was the new sale price of the shoes after the discount?
Answers
Ilene rents her second home for the entire year. During the year, Ilene reported a net loss of $10,700 from the rental. If Ilene is an active participant in the rental and her AGI is $142,500, how much of the loss can she deduct against ordinary income in the year?
Answers
Answer:
$3,750
Explanation:
(142,500-100000)*50% = 21,250
25,000-21,250 = $3,750
Ilene can claim a deduction up to a maximum limit of $3,750 against her ordinary income for that financial year, in case of meeting with the above conditions.
What is deduction?Deduction refers to as the amount which a person can claim as being exempt from tax during the year in which a person is liable to pay taxes as such. There is a capacity of standard deduction of $100,000 for a year.
Deduction in the above case will be half of the amount left after considering a standard deduction from the AGI will be $21,250. Now, maximum allowed deduction will be deducted from an amount of $25,000.
This can be calculated as,
[tex]\rm Deduction= Maximum\ Allowed\ Limit- Actual\ Liability\\\\\rm Deduction= 25000 - 21250\\\\\rm Deduction=\$3750[/tex]
Hence, the significance of deduction is aforementioned.
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Lee Ray bought 250 shares of a mutual fund with a NAV of $13.85. This fund also has a load charge of 7%.
a. What is the offer price? (Round your intermediate and final answer to the nearest cent.)
b. What did Lee pay for his investment? (Round your intermediate and final answer to the nearest cent.)
Answers
Answer: a. $14.9
b. $3725
Explanation:
a. What is the offer price?
This will be calculated as:
= NAV / (1 - load charge %)
= 13.85 / (1 - 7%)
= 13.85 / (1 - 0.07)
= 13.85 / (0.93)
= $14.9
B. What did Lee pay for his investment?
This will be:
= Number of shares bought × Offer price
= 250 × $14.9
= $3725
There are two types of revenue streams, what are they?
Transaction revenues
Operational revenues
Recurring Revenues
Expense Revenues
Answers
Answer:
There are essentially two types of revenue: one-time revenue and recurring revenue streams.
Answer:
There are essentially two types of revenue: one-time revenue and recurring revenue streams.
Explanation:
Insurance rates are lower for those with poor credit true or false
Answers
Answer:
The answer to this question is true.
Answer:
it is trueee
Explanation:
PLEASE HELP, TIMED
Which best lists the employment potential in the Science, Technology, Engineering, and Mathematics career cluster
from lowest to highest potential?
A. Mathematics —-> Life, Physical, and Social Science —>Architecture and Engineering
B. Life, Physical, and Social Science —->Architecture and Engineering —>Mathematics
C. Architecture and Engineering —->Mathematics —-> Life, Physical, and Social Science
D. Architecture and Engineering —>Life, Physical, and Social Science —->Mathematics
Answers
Answer:
It’s A: mathematics, life physical and social science, and architecture and engineering.
Explanation:
Look at the photo.
Answer:
A. Mathematics → Life, Physical, and Social Science → Architecture and Engineering
Explanation:
Trust me peeps :)
Which Spanish explorer discovered Florida?
Jacques Marquette
Juan Ponce de León
St. Augustine
Hernando de Soto
Answers
Answer:
Juan Ponce de León was the spanish explorer who discovered Florida.
Answer:
Juan Ponce De Leon
Explanation:
Spain established colonies on the islands of Cuba, Hispaniola, Puerto Rico, and San Salvador. Juan Ponce de Leon, the Spanish governor of Puerto Rico, sailed from that island to the peninsula now called Florida. He explored this area in search of the "Fountain of Youth." He returned to Puerto Rico without finding the magic water.
Select all that apply
Items listed in the interests/activities section of a résumé are used to:
exemplify you are active
exemplify you are well rounded
exemplify you are intelligent
exemplify you are committed
Answers
Answer: exemplify you are well rounded
Explanation:
Items listed in the interests/activities section of a résumé are used to exemplify you are well rounded.
The essence of listing your interests or hobbies is to show the recruiting officer that one is well rounded and fits the particular position.
This part of the resume also makes one stand out or unique from others and can be used to complement ones academic qualifications.
Which type of communication is usually handwritten?
A.
a business letter
B.
a memorandum
C.
a note
D.
an email
E.
a résumé
Answers
Answer:
C. a note
Explanation:
Notes are informal handwritten messages.
A note is a type of communication is usually handwritten. Thus, the correct option is C.
What is communication?Communication is the process of exchanging information, ideas, or messages between individuals or groups through various means, such as speech, writing, body language, or technology.
The sender is the person who initiates the communication and encodes the message, while the receiver is the person who receives and decodes the message. The medium is the channel through which the message is transmitted, such as speech, writing, or electronic devices.
Feedback is the response or reaction of the receiver to the message, which helps to ensure that the communication is understood and effective.
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if i were own a liquor store. how would supply and demand effect the way i run the store.
Answers
Answer:
Wait, why did my answer get deleted? I put a fair amount of detail into it, didnt I?
Lets you identify any early adopters of your product, test it, tailor it for other users, and helps in design thinking.
a) What are the three things a good demo must have?
b) What are the Pros and Cons of Top-Down
c) What are the 4 benefits of empathy mapping?
d) Why is it important to understand your customer segments?
Answers
Answer:
what are the 4 benefits of empathy mapping
You have data showing demand for plumbing services rising for each of the last five years. This would best be displayed on a:
a) Line graph
b) Scatter plot
c) Pie chart
Answers
Answer:
Line gray
Explanation:
Each of the last five years has shown an increase in demand for plumbing services, according to the data. A line graph would be the best way to show this.
Option A is the best option that displays the best about the rising plumbing demands.
Why do line graphs display the best?Line graphs are used to track changes across time, both short and long. When there are fewer changes, line graphs are preferable over bar graphs. Line graphs can also be used to compare changes for multiple groups over the same time period.Line graphs are valuable because they clearly display data variables and patterns, and they can aid in making predictions about the outcomes of data that has not yet been recorded.
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what is a pumpkin bug
Answers
Answer:
The botanical name for squash bugs is Anasa tristis. This bug is very common in the USA and gets its common name from the fact that it is attracted to and lays its eggs on squash, as well as pumpkin plants. I've also seen the bugs on cucumber plants and other curcubits such as melons.
Explanation:
What is a cost incurred in the process of producing or offering a primary business operation?
Expense
Input
Output
Price
Answers
Answer:
Expense
Explanation:
Expenses refer to the cost incurred in the production process or when selling goods and services. They are the cost of generating a company's normal revenue.
Expenses are classified into direct and indirect expenses. Direct expenses can be attached to a particular product or service, while indirect expenses are mostly operating costs such as rent, administrative salaries, and insurance.
Named company after founder , not very common today
a) Why size up your market?
b) What are Founder Brands?
c) What is Customer segmentation and what purpose does it serve?
d) What are Invented Brand?
Answers
Answer: im guessing B bc it has founders in it
Explanation:
sorry if it wrong