subject
Business, 10.11.2019 08:31 Jasten

Sabina makes $2,000 per month. she spends $300 on credit card payments and $450 on an auto loan. does she have excessive debt?

yes, because her debt-to-income ratio is higher than 36 percent.
no, because her debt-to-income ratio is lower than 36 percent.
no, because her debt-to income ratio lower than 42 percent.
yes, because her debt-to-income ratio is 50 percent.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 03:00
Fanning books buys books and magazines directly from publishers and distributes them to grocery stores. the wholesaler expects to purchase the following inventory: april may june required purchases (on account) $ 111,000 $ 131,000 $ 143,000 fanning books accountant prepared the following schedule of cash payments for inventory purchases. fanning books suppliers require that 85 percent of purchases on account be paid in the month of purchase; the remaining 15 percent are paid in the month following the month of purchase. required complete the schedule of cash payments for inventory purchases by filling in the missing amounts. determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.
Answers: 2
question
Business, 22.06.2019 03:20
Yael decides that she no longer enjoys her job, and she quits to open a gluten-free, dairy-free kosher bakery. she pays a monthly rent for her store of $2,000. her labor costs for one month are $4,500, and she spends $6,000 a month on nut flours, sugar, and other supplies. yael was earning $2,500 a month working as a bank teller. these are her only costs. her monthly revenue is $14,000. which of the following statements about yaelโ€™s costs and profit are correct? correct answer(s) an accountant would say she is earning a monthly profit of $1,500. her implicit costs are $2,500 a month. an economist would tell her that she is experiencing a loss. her total costs are $12,500 a month. her explicit costs include the labor, rent, and supplies for her store. her economic profit is $1,500 a month.
Answers: 3
question
Business, 22.06.2019 13:30
Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. each year he contributes $3,000. after seven years, how much money would tom have in his 401(k)?
Answers: 3
question
Business, 22.06.2019 19:00
It is estimated that over 100,000 students will apply to the top 30 m.b.a. programs in the united states this year. a. using the concept of net present value and opportunity cost, when is it rational for an individual to pursue an m.b.a. degree. b. what would you expect to happen to the number of applicants if the starting salaries of managers with m.b.a. degrees remained constant but salaries of managers without such degrees decreased by 20 percent
Answers: 3
You know the right answer?
Sabina makes $2,000 per month. she spends $300 on credit card payments and $450 on an auto loan. doe...
Questions
question
Mathematics, 08.11.2019 02:31