Maureen has a net spendable income of $2,100 per month. She sets up the following transportation budget for herself.

3. Transportation (15% - 20%) 350
a. Car payments 150
b. Gas/Oil 120
c. Insurance 60
d. License/Registration 2
e. Taxes 5
f. Maintenance/Repair 50
What has Maureen done wrong?
A.
She budgeted more than the maximum recommended amount of money for transportation.
B.
She has more money in the main category than she budgeted for in the subcategories.
C.
She has more money in the subcategories than she budgeted for in the main category.
D.
She budgeted less than the minimum recommended amount of money for transportation.

Answers

Answer 1
C is the correct answer

Related Questions

Hector received three A’s and one b in his college course. What is his grade point average? Assume each course is three credits. A=4.0, b=3.0, c=2.0, d=1.0

Answers

Answer:

I think it is A id don't know

Explain the relationship between the FAFSA, the SAR, and the EFC.

Answers

Explanation:

The SAR summarizes the information you provided on the FAFSA, and indicates the Expected Family Contribution (EFC). The EFC is the amount of money your family will be expected to contribute to your education. ... The lower your EFC, the more financial aid you will get.

Hope it helps

:>

EFC is an index number that is used to determine the eligibility for federal student financial aid, this number results from the financial information will be provided in FAFSA, then it will be reported on SAR.

What are the FAFSA, the SAR, and the EFC?

FAFSA refers to the Free Application for Federal Student Aid, form that is filled by the college students to determine their eligibility for student financial aid in the United States.

SAR refers to the  Student Aid Report is a document that gives the basic information about the student's eligibility for federal financial aid.

EFC refers to the Expected Family Contribution is an estimate of a student's eligibility for federal student financial aid.

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#SPJ2

I’ll pay somebody 50$ if somebody do this now.

Instructions: Watch this 40 minute video called “Small Business Revolution - Nyce and clean auto detailing” Season 5, Episode 1 then answer the following questions in the picture I’ll need this by 6:00 or 6:30 please help

Answers

Answer:

suck 2 be u

Explanation:

i aint doin it

Josie is the CRM manager for a toy company. Under what pathway in the Marketing, Sales, and Services career cluster would Josie's job fall?

A. Merchandising
B. Marketing Management
C. Professional Sales

Answers

Answer:

B. Marketing Management

Explanation:

Marketing management is a process in which the planning and execution of pricing, promotion, distribution, goods & services in order to exchange and satisfy the individual and organization goals & objectives. It also involved the marketing, sales and services

Therefore option b is correct

Answer:

B

Explanation:

just took the test<3

During the spring and summer of 2016, when gasoline prices were rising quickly, politicians in several countries proposed and a moratorium on some or all gasoline taxes to help consumers. In the Uniter States, one of Republican candidate for president, proposed suspending the federal gasoline tax of $0.4 for the summer, when demand tends to be high. An active candidate for the Democratic nomination for president, also pushed the plan. How would these short-run policies have affected the prices on consumers if the price had been enacted?

Answers

Answer:

consumers would find it cheaper to buy gasoline

Explanation:

In the short run a tax cut or tax suspension as we have In this question is able to increase demand because it increases peoples disposable income. This tax cut of $0.4 would remove burden on gasoline consumers. By removing the tax on gasoline the price of gasoline would become lower and consumers would find it easier and cheaper to purchase

Question 7 (3 points)
All of the following are necessary functions of a government EXCEPT?
1) providing a legal system to enforce laws and protect property rights
2) maintaining competition by regulatingg monopolies
3) promoting economic growth at the expense of employment and inflation
4) providing goods that private companies cannot provide

Answers

The function of the government does not include 4) providing goods that private companies cannot provide

Functions of government:It gives the legal system for enforcing the laws and protecting property rights. It maintained the competition via regulating the monopolies.Also, it gives the economic growth.

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The following information is available for Splish Brothers Corp. for the year ended December 31, 2022.Other revenues and gains 23,600other expenses and losses 4,000costs of good sold 291,000sales discount 4,800sales revenue 759,000operating expenses 220,000sales returns and allowances 10,600Prepare a multiple-step income statement for Splish Brothers Corp. The company has a tax rate of 25%.

Answers

Answer:

Splish Brothers Corp.

Multiple-step income statement for the year ended December 31, 2022.

Sales Revenue                                                                  759,000

Less sales returns and allowances                                   (10,600)

Net Sales                                                                            748,400

Less Costs of Good Sold                                                 (291,000)

Gross Profit                                                                        457,400

Less Operating Expenses

Operating expenses                          220,000

Sales discount                                        4,800               (224,800)

Operating Profit                                                                232,600

Less Non - Operating Expenses

Other revenues and gains                (23,600)

Other expenses and losses                 4,000                    19,600

Net Profit before tax                                                        252,200

Income tax expense                                                         (63,050)

Net Profit after tax                                                              189,150

Explanation:

Multiple-step income statement shows separately the income generated from Primary activities and that generated from Secondary activities as above.

When looking at a firm's behavior, you know it is engaging in price discrimination when it:__________

a. charges a different price to different customers that is not reflective of the firm's costs.
b. charges customers more than they would prefer to pay.
c. asks about personal information such as race, gender, and sexual orientation before offering services.
d. does not accept payment with a smartphon

Answers

Answer:

a. charges a different price to different customers that is not reflective of the firm's costs.

Explanation:

The price discrimination strategy occurs when an organization charges a different price to different customers that does not reflect the company's costs, that is, the company divides its potential customers into groups, usually based on customer perceptions and characteristics and demographic data to evaluate which group of customers is willing to pay more or less for a particular product or service.

This is a strategy that can be favorable for companies to charge a maximum price for their product knowing that it will be accepted, but it is effective in large companies that have a high position in the market.

Zachary Airlines is a small airline that occasionally carries overload shipments for the overnight delivery company Never-Fail, Inc. Never-Fail is a multimillion-dollar company started by Wes Never immediately after he failed to finish his first accounting course. The company’s motto is "We Never-Fail to Deliver Your Package on Time." When Never-Fail has more freight than it can deliver, it pays Zachary to carry the excess. Zachary contracts with independent pilots to fly its planes on a per-trip basis. Zachary recently purchased an airplane that cost the company $4,636,000. The plane has an estimated useful life of 24,400,000 miles and a zero salvage value. During the first week in January, Zachary flew two trips. The first trip was a round trip flight from Chicago to San Francisco, for which Zachary paid $420 for the pilot and $370 for fuel. The second flight was a round trip from Chicago to New York. For this trip, it paid $370 for the pilot and $185 for fuel. The round trip between Chicago and San Francisco is approximately 4,300 miles and the round trip between Chicago and New York is 1,300 miles.
Required:a. Select if the costs mentioned below are direct or indirect.b. Determine the total cost of each trip. (Do not round intermediate calculations.)

Answers

Answer: See explanation

Explanation:

a. Based on the information given, the direct costs are:

• Pilot Cost

• Fuel Cost.

The indirect cost is:

• Depreciation Cost

b. To know the total cost for each trip, we need to know the depreciation per mile which will be:

= $4,636,000 / 24,000,000

= 0.19

Cost for Trip 1

Pilot Cost = $420

Fuel Cost = $370

Depreciation Cost = (0.19 × 4,300) = $827

Total Cost = $1617

Trip 2

Pilot Cost = $370

Fuel Cost = $185

Depreciation Cost = (0.19 × 1,300) = $247

Total Cost = $802

Based on your understanding of the impact of macroeconomic factors, identify which of the following statements are true or false?
1. Countries with strong balance sheets and declining budget deficits tend to have lower interest rates.
2. When the economy is weakening, the Fed is likely to increase short-term interest rates. During the credit crisis of 2008, investors around the world were fearful about the collapse of real estate markets, shaky stock markets, and illiquidity of several securities in the United States and several other nations.
3. The demand for US Treasury bonds increased, which led to a rise in their price and a decline in their yields.
4. When the economy is weakening, the Fed is likely to decrease short-term interest rates.

Answers

Answer:

TrueFalseTrueTrue

Explanation:

When an economy has a strong balance sheet and a declining budget deficit, it means that there is less need to borrow from the market which would keep rates lower.

When the economy is weakening, the Fed will try to stimulate it by engaging in actions that weaken short term interest rates so that people and businesses can borrow at lower cost and invest or buy goods and services.

When investors are worried about the riskiness of other financial assets, they usually come to safer assets like U.S. Treasury bonds so that they do not lose money and this is what happened in the credit crisis of 2008. More demand for the bonds led to a rise in their price.

Years ago, the United States Armed Forces conducted an experiment called "Operation Snowdrop" to find out what kinds of military personnel seemed to function best under severe arctic climatic conditions. Some of the factors examined were weight, age, blood pressure, and national origin. All of the participants in "Operation Snowdrop" were given a training course in how to survive and function in extreme cold. At the conclusion of the experiment, it was found that only two factors among those studied distinguished between personnel whose performance was rated as "effective" and those rated "not effective" on the arctic exercises. These factors were: (1) desire to participate in the experiment, and (2) degree of knowledge and skill regarding how to live and protect oneself under arctic conditions.
Inference: Participants having normal weight and blood pressure were rated as significantly more effective on the arctic exercises than were the other participants.
A. Definitely true.
B. Probably true.
C. Insufficient data.
D. Probably false.
E. Definitely false.

Answers

Answer:

B. Probably true.

Explanation:

The hypothesis test is conducted based on the sample selected from the participants. These participants are rates as effective in exercise or either not effective in exercise. The conclusion drawn may be true based on the knowledge and the given data.

Interview can be defined as an attempt to

a.
make two persons communicate

b.
test the suitability of the candidate for the job under consideration

c.
develop relationship between two persons

d.
secure minimum information from the candidate​

Answers

Answer:

B

Explanation:

What are REITs? please help

Answers

Answer: REITs, or real estate investment trusts, are companies that own or finance income-producing real estate across a range of property sectors. These real estate companies have to meet a number of requirements to qualify as REITs. Most REITs trade on major stock exchanges, and they offer a number of benefits to investors.

Explanation: Real Estate Investment Trust

Company

A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, ranging from office and apartment buildings to warehouses, hospitals, shopping centers, hotels and commercial forests. Some REITs engage in financing real estate.

You are the general manager of a firm that manufactures personal computers. Due to a soft economy, demand for PCs has dropped 50 percent from the previous year. The sales manager of your company has identified only one potential client, who has received several quotes for 10,000 new PCs. According to the sales manager, the client is willing to pay $800 each for 10,000 new PCs. Your production line is currently idle, so you can easily produce the 10,000 units. The accounting department has provided you with the following information about the unit (or average) cost of producing three potential quantities of PCs:


10,000 PCs 15,000 PCs 20,000 PCs
Materials (PC components) $600 $600 $600
Depreciation 300 225 150
Labor 150 150 150
Total unit cost $1,050 $975 $900

Required:
Based on this information, should you accept the offer to produce 10,000 PCs at $800 each? Explain.

Answers

Answer:

Yes I would

Explanation:

We have these costs

Variable cost:

Materials = 600 dollars for each of component.

Labour is at a rate of 150 dollars each

For fixed cost depreciation = 300 dollars

Now we have to calculate the average variable cost

Cost of production of 1 pc + labour price of 1

= 600 + 150

AVC = 750

The sales price for each of the 10000 pc = 800 dollars

Now we can see that price p is greater than or equal to avc. 800 >=750

So the I have to accept to produce these pcs at the rate of 800 for 1 pc.

800-750 = 50

50x10000 = $500000 from the sale of the 10000 pcs

Stanley receives his degree from OCC. Stanley leaves his job at Trump Organization, paying him $100,000 a year. Stanley uses his life saving of $250,000 that he had deposited at Wells Fargo at an annual rate of 5% to start his own clean-energy company. Stanley’s first year revenue and expenses are as follow, Rent $23,000 Salary 57,000 Utility 22,000 Others 13,000 _________ Total 115,000 _________ Revenue for the year $180,000 11. Stanley’s explicit costs for the year is Group of answer choices $215,000 $112,500 $180,000 $216,250 $115,000

Answers

oh oh oh o'reilyyyy. auto parts

Stanley’s explicit costs for the year is $115,000.

Using this formula

Explicit costs=Rent+ Salary+ Utility+ Others

Where:

Rent=$23,000

Salary=$57,000

Utility=$22,000

Others=$13,000

Let plug in the formula

Explicit costs= $23,000+$57,000+$22,000+$13,000

Explicit costs=$115,000

Inconclusion Stanley’s explicit costs for the year is $115,000.

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what is the difference between hire purchase and differed payment?​

Answers

Explanation:

In deferred payment, the borrower will agreed to pay certain amount of money on the promised date. ... In hire purchase, the purchaser will be getting the belongings without paying the full price of the item. The purchasers would make down payment and the balance is paid in installments.

Explanation:

Hire purchase is a system by which one pays for a thing in regular installments while having the use of it but deferred payments are payments that are completely or partially postponed for financial reasons

Assume that you are 25 years old today, and that you are planning on retirement at age 65. You expect your salary to be $55,000 one year from now and you also expect your salary to increase at a rate of 3% per year as long as you work. To save for your retirement, you plan on making annual contributions to a retirement account. Your first contribution will be made on your 26th birthday and will be 12% of this year's salary. Likewise, you expect to deposit 12% of your salary each year until you reach age 65. Assume that the rate of interest is 5%.
The future value (FV) (at age 65) of your retirement savings is closest to:________
a. $1,091,733.20
b. $1,246,723.80
c. $988,452.90
d. $1,225,821.20

Answers

Answer:

FV= $1,246,723.8

Explanation:

To calculate the future value of this growing annuity, we need to use the following formula:

FV= A*{[(1+i)^n - (1+g)^n] / (i-g)}

A= annual deposit= 55,000*0.12= 6,600

i= 0.05

g=0.03

n= 40 years

FV= 6,600* {[(1.05^40) - (1.03^40)] / (0.05 - 0.03)}

FV= $1,246,723.8

Pam always drives under the speed limit to her risk and keep insurance costs down. Even so, she got into an accident and filed a to cover the expenses of repairing her car. One of the costs of doing so was that her insurance would likely increase in the future.


answers:
1. reduce
2. claim
3. premiums

Answers

Answer:

1. reduce

2. claim

3. premiums

just realized u already knew the answers lol....

Answer:

reduce, claim, premiums

Explanation:

got it right on edge !! :)

explain the difference between a flat tax and a graduated income tax.​

Answers

Answer:Progressive tax systems have tiered tax rates that charge higher income individuals higher percentages of their income and offer the lowest rates to those with the lowest incomes. Flat tax plans generally assign one tax rate to all taxpayers. ... A flat tax would ignore the differences between rich and poor taxpayers.

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