Evaluating debt burden. Ted Phillips has a monthly take-home pay of $1,685; he makes payments of $410 a
month on his outstanding consumer credit (excluding the mortgage on his home). How would you
characterize Isaac's debt burden? What if his take-home pay were $850 a month and he had monthly credit
payments of $150?

Answers

Answer 1
1000 Bc I said so and ya
Answer 2

According to the the question, the debt safety ratio is 24.33% on the payment of $410 where on the payment of $150 the debt safety ratio is 17.65%.  

What do you mean by the debt safety ratio?

While your debt safety ratio measures your monthly consumer debt payments to your monthly take-home pay, your debt service ratio compares your total monthly loan payments to your gross monthly income.

This ratio primarily considers debt commitments, such as your mortgage, instalment, and personal responsibilities, that will not be paid off by the minimum needed payments within the next 10 months, and ignores current liabilities.

Debt safety ratio = Total monthly credit payment / monthly take home pay.

Therefore,

On the monthly credit payment = $ 410

Monthly take payment = $ 1685

Debt safety ratio = 410 / 1685 = 0.2433 = 24.33%.

Here,

On the monthly credit payment = $ 150

Monthly take payment = $ 850

Debt safety ratio = 150 / 850 = 0.1765 = 17.65%.

To learn more about the debt safety ratio, visit:

https://brainly.com/question/28826100

#SPJ2


Related Questions

100 points!
Will report if fake answer
A more wordy and complex way to say "we are cringe"

Answers

Answer:

We are excruciatingly awkward and humiliated

Answer:

we are extremely embarrassing

we make you feel tremendously uncomfortable

Explanation:

Discounting a stream of benefits is defined as
a. a single-period valuation model that converts a benefits stream into value by dividing the benefits stream by a rate of return that is adjusted for growth.
b. a single-period valuation model that converts a benefits stream into value by dividing the benefits stream by a rate of return that does not consider growth.
c. a multi-period valuation model that converts revenue into value by discounting the revenue stream by a rate of return.
d. a multi-period valuation model that converts a future series of benefit streams into value by discounting them to present value.

Answers

Answer: D

Explanation:

Kevin has a client who wants to invest in an account that earns 3% interest, compounded annually. The client opens the account with an initial deposit of $5,000, and deposits an additional $5,000 into the account each year thereafter. Assuming no withdrawals or other deposits are made and that the interest rate is fixed, the balance of the account (rounded to the nearest dollar) after the tenth deposit is __________.

Answers

Considering the situation described above, the balance of the account (rounded to the nearest dollar) after the tenth deposit is "$56,650."

What is Sinking Fund?

Sinking Fund is the term used to describe the fund created by individuals by specifically setting revenue in a particular place like savings over a given period to fund a future capital expense or repayment of long-term debt.

Given that this is more like a Sinking Fund hence, we calculate using the below formula:

S = N [ (1+r)^n - 1 ] /r

where r = 0.030

n = 10 years

N = 5,000

S = 5,000 [ (1.030)^10 -1 ]/.030

= 5,000 [ 1.34 -1 ]/.030

= 5,000 [ 11.33]

= $56,650.

Therefore, we got $6,650 in concern.

Hence, in this case, it is concluded that the correct answer is "$56,650."

Learn more about Sinking Fund here: https://brainly.com/question/10709829

Answer: $57,319

     

Explanation: I'm positive the answer is $57,319 because I had this same exact test question and my answer was correct.

If you wish to enter the field of soil and
forest conservation, what kind of
educational goal should you attain?

A. High school diploma
B. 2 year associate degree
C. 4 year college degree
D. Doctorate degree

Answers

4 year college degree is the minimum educational goal to attain if one wish to enter the field of soil and forest conservation.

The 4 year college degree is tantamount to the Bachelor degree achieved from University, college etc.

Usually, the position of forestry and related job requires the minimum of Bachelor degree from related course in the field of soil and forest conservation.

Hence, the 4 year college degree is the minimum educational goal to attain if one wish to enter the field of soil and forest conservation.

Therefore, the Option C is correct.

Read more about forestry

brainly.com/question/24518939

Which of the following statements is the best way to state your position in a conflict?
a.
“I am concerned you aren’t telling people the truth about me.”
b.
“I feel betrayed by what was said about me.”
c.
“You aren’t telling me what you tell other people.”
d.
“You need to let me know what you think about me to my face.”

Answers

Answer:

A

Explanation:

A plainly states your position in an argument.

Sunland Company has 1050 shares of 4%, $100 par value, cumulative preferred stock and 52500 shares of $1 par value common stock outstanding at December 31, 2020. What is the annual dividend on the preferred stock

Answers

Based on the information given the annual dividend on the preferred stock is : $4,200.

Using this formula

Annual dividend=Number of shares× Par value× Shares Percentage

Where:

Number of shares=1050 shares

Par value=$100 par value

Shares Percentage=4% or 0.04

Let plug in the formula

Annual dividend=1050shares× $100×0.04

Annual dividend=$4,200

Inconclusion the annual dividend on the preferred stock is : $4,200.

Learn more about annual dividend here:https://brainly.com/question/25557702

what is organization?

Answers

an organized group of people with a particular purpose, such as a business or government department.

Answer:

    An Organization or Organisation is entity such as a company, An institution  or an association, Comprising one or more people and having a particular purpose. The word is derived from the a Greek word Organon, Which means tool or instrument, Musical instrument and organ....

                  ...............................

Help help help buissness help help

Answers

Answer:

B

Explanation:

Answer: B

Explanation:

Visit ikea.my and identify the services the company provides to its customers.

Answers

okay i will thank you take care

This is Pete's PPC curve for staying in touch with friends via phone vs. his weblog during one week. Pete plans to write four entries to his weblog. How many conversations with friends can he have to efficiently use his time? 0 1 4 6

Answers

In order to efficiently use his time, the conversations with friends Pete can have is 4.

The production possibilities curve depicts the ways two goods can be combined in order to fully utilise resources. The PPC is concave to the origin.

Points on the curve indicate an efficient level of production.  Point outside the PPC means that the production level is not attainable given the level of resources . Points inside the PPC indicates that resources are not been fully utilized.  

If Pete wants to write 4 blog entries, trace the 4 on the y-axis to the curve and trace it to the x-axis. Based on this, Pete can have 4 conversations with friends.

Please find attached an image showing the required graph. To learn more about the PPC, please check: https://brainly.com/question/8074245

If only one airline serves a town, does a monopoly exist? What about competition from other services?

Answers

If only one airline serves a town, the question of whether a monopoly exists is:

Yes, a monopoly exists

Based on the given question, we are asked to state whether a monopoly exist in a situation where there is only one airline in a town, and the answer is, yes, that is a monopoly

It is important to note that a monopoly has to do with the domination of one company in a market system whereby there is little to no competition from other companies. In this situation, there is usually higher prices of products because there is a lack of competition for competitive prices.

Read more about monopoly here:

https://brainly.com/question/13113415

Which of the following is classified as
M22
A large certificates of deposit
B gold and silver
C money market accounts

Answers

I think is C

Hope this helps sry if I’m wrong



• • 13.16 A large St. Louis feed mill, Robert Orwig Processing,

prepares its 6-month aggregate plan by forecasting demand for

50-pound bags of cattle feed as follows: January, 1,000 bags;

February, 1,200; March, 1,250; April, 1,450; May, 1,400; and June,

1,400. The feed mill plans to begin the new year with no inventory

left over from the previous year, and backorders are not permit-

ted. It projects that capacity (during regular hours) for producing

bags of feed will remain constant at 800 until the end of April, and

then increase to 1,100 bags per month when a planned expansion

is completed on May 1. Overtime capacity is set at 300 bags per

month until the expansion, at which time it will increase to 400

bags per month. A friendly competitor in Sioux City, Iowa, is also

available as a backup source to meet demand—but can provide

only 500 bags total during the 6-month period. Develop a 6-month

Answers

The production plan is used for ensuring that the necessary preparation is completed before the start of a production cycle.

A production plan involves the allocation of resources effectively so that everything will be in place for the production stages.

Based on the computation done, the budget for January is $12800, February is $16250, March is $17175, April is $20875, May is $16900, and June is $16900.

Learn more about production on:

https://brainly.com/question/4139284

Please help for this question

Answers

Answer:

task based maybe ?

Explanation:

if it's correct than mark me brainliest

3. Aesop is not using traditional advertisements or discount sales to promote its products. Instead, Aesop gets its promotional communication mostly by word-of-mouth for the design of its products, stores, and events, which are a singular mix of indulgent product experiences, thoughtful language, and modern minimalist design. If you had to interact with Natura & Co SA, which customer engagement model--Natura's, The Body Shop's, or Aesop's-- would be the best for you and why?

Answers

Based on the information given, the model that will be appropriate for the company is the client commitment model.

The client commitment model is a model whereby a company provides and meet the needs of the customers. It is important as it assists the brand with comprehension.

Therefore, the interaction with interact with Natura & Co SA, will ensure that they use this model in order to get more customers, improve sales, and get more profit.

Learn more about models on:

https://brainly.com/question/24414910

Suppose Yummy Treats Bakery issues common stock in exchange for a building. Yummy Treats Bakery should record the building at Question content area bottom Part 1 A. the par value of the stock given. B. its book value. C. its market value. D. a value assigned by the board of directors

Answers

Based on the information given Yummy Treats Bakery should record the building at: C. its market value.

Market value is the value of an asset in the market or the amount at which an asset will be sold in the market.

Building is an asset and since common stock was issued out in exchange for a building ,  the best options is that Yummy  treats bakery should record the building at the market value the asset or the building.

Inconclusion  Yummy Treats Bakery should record the building at: C. its market value.

Learn more about market value here:https://brainly.com/question/8084221

Help help help help pelsss please please business

Answers

B because to much of a increase could hurt the economy

As a multinational corporation, Starbucks is able to


A establish coffee prices for all companies

B lower product standards

C sell coffee only in the United States

D sell coffee to other parts of the world

Answers

As a multinational corporation, Starbucks can D. sell coffee to other parts of the world.

Characteristics of a multinational corporation: It is registered and has business operations in more than one country.For example, Starbucks has its headquarters in the U.S.It can operate wholly or partially owned subsidiaries in other countries.Sell its franchise to other companies using its brand name.

Starbucks may not establish coffee prices for all companies or lower product standards, or sell coffee only in the United States.

Thus, Starbucks can sell coffee to other parts of the world.

Learn more about multinational corporations here: https://brainly.com/question/13312055

Answer: d

Explanation:

The difference between the lower class limits of adjacent classes provides?

Answers

Answer:

C

Explanation:

Circuit Pro, a manufacturer of electrical circuits, wants to decrease the per-unit cost of making its products. Which incentive should Circuit Pro offer to align workers with firm-level strategic objectives

Answers

Based on the information given, the incentive that should be used is that an employee with a cost-cutting idea will be paid 10% of the first-year savings.

Strategic objectives simply mean the purpose statement that are vital in creating an overall vision for a company and setting its goals to achieve desired outcome.

Since the manufacturer of electrical circuits, wants to decrease the per-unit cost of making its products, the incentive should be that an employee with a cost-cutting idea will be paid 10% of the first-year savings. This will help the workers align with the objective

Learn more about incentive on:

https://brainly.com/question/8992482

Which is not a consideration when allocating assets and diversifying? A. Real estate holdings B. Avoiding similar investments C. Rate of return D. Portfolio size​

Answers

When one is considering the allocation of their assets as well as how to diversify them, they don't consider A. Real estate holdings.

Diversification involves:

Investing in non-similar assets. Investing in a wide array of different assets to reduce risk.

When thinking about diversifying your assets, one doe not have to think about the number of real estate holdings they already hold as there are other assets to invest in.

In conclusion, option A is correct.

Find out more about diversification at https://brainly.com/question/14081320.

Answer:D

Explanation:

Just took the test

Help help buissness help help

Answers

Answer:

My best guess will have to be A

Explanation:

most research I did was talking about money stability

Answer:a control of money

What information should be included in the opening paragraph of a thank-you letter?
a.
Mention skills that were omitted during the interview
b.
Reinforce any points perceived as weaknesses
c. Mention looking forward to a response
d. Reinforce interest and fit for the position

Answers

In a "thank-you letter," the opening paragraph should d. Reinforce interest  and fit for the position.

 

In the second paragraph, you should mention skills omitted during the interview and reinforce weaknesses before stating that you look forward to receiving a response.

 

A thank-you letter should have a positive tone and convey enthusiasm for the job if this were the case. Do not overcommit yourself or sound desperate. Express your gratitude for the opportunity to learn more about the company, showing your interest in the position.

 

Thus, in the opening paragraph, you should reinforce your interest and fit for the position.

Learn more about crafting a thank-you letter after an interview here: https://brainly.com/question/13038737

Answer:c. mention looking forward to a response

Explanation:

The number of textile and agricultural jobs in NC have decreased due to:

Answers

The downfall of the textile industry in South Carolina was attributed to factors such as cheaper labor elsewhere, technology, automation, and other factors related to modernity, wages, education, and economic diversification.

What do you mean by economic diversification?

Economic diversification is the process of transitioning a country's economy from a reliance on a single revenue stream to a variety of sources coming from an expanding number of industries and markets.

It has historically been used as a tactic to promote beneficial economic growth and development.

Diversifying away from vulnerable goods, markets, and jobs in favor of revenue sources that are low-emission and more climate resilient becomes more pertinent in the context of adaptation to climate change.

With more than 2,800 unique products exported to more than 120 nations, Chile is an example of a varied economy. Zambia, a country with equal copper resources, exports just over 700 goods, or one-fourth of Chile's total exports, and only to 80 nations.

Learn more about economic diversification, here

https://brainly.com/question/30034732

#SPJ1

compensation Policy issues , include a company's policies concerning all the following except Select one
a Setting the salary and promotion strategy
b . The minimum salary they are legally obliged to pay
c The of paid and unpaid leaves as well as holidays
d Defining the probationary pay versus the final employment pay
e Deciding on the Payment for overtime hours.​

Answers

It should be noted that compensation policy issues refer to all the company's policies given except E. Deciding on the Payment for overtime hours.​

A compensation policy simply means the principle of action that is proposed by a company or organization in regard to the salary, benefits, and bonuses of the employee.

It includes setting the salary and promotion strategy, the minimum salary they are legally obliged to pay, etc. It doesn't have to do with deciding on the payment for overtime hours.​

Learn more about compensation on:

https://brainly.com/question/25301308

A professional mentor should be used for guidance on which of the following?

the development of a mentee’s resume
improving of a mentee’s presentation skills
the hair color of the mentee for a date
which car would be best to rent for a weekend ski tri

Answers

Answer:

Answer:

1. The development of a mentee's resume

2. Improving of a mentee's presentation skills

Explanation:

A professional mentor can be involved in the services like developing a mentee's resume; and improving his presentation skills.

What are the roles of a professional mentor?

A professional mentor is someone who offers his services to a mentee by training in the skills that would help him in achieving his organizational and career goals.

In the above example, a professional mentor has to work on development of his mentee's resume to help him attract more employers at an attractive pay.

Hence, options A and B as aforementioned are the areas of work in which in the guidance of a professional mentor is required.

Learn more about professional mentor here:

https://brainly.com/question/14016081

#SPJ2

please help!!

Bobby is an electrician who specializes in installing electronic locks. What kind of company might be interested in hiring Bobby?

A.
a national hotel chain

B.
a meat packing facility

C.
a local parks department

D.
a printing company

Answers

Answer:

a . national hotel chain

Explanation:

because electrician who install lock are supposed to work at a hotel for the safety of the people

Answer:

I think it's A ? I'm not 100% sure, but hotels often have electronic locks that you need a key card to open

What are three differences between a public sector and public corporations?

Answers

Explanation:

Comparison Table Between Public Sector and Public Limited Company (in Tabular Form) Public sector companies are controlled by the state or central government. ... A public sector company is not listed in the share market. A public limited company is listed in the share market and also requires going for an IPO.

6.You now have the agreement with the company and will sign the contract as you and the company are satisfied with the contract agreement. Of course, this is will be your first step to build a strong relationship between you and your employer. Your manager will know more about you. This represent which of the negotiation process element?
A- Gather information

B- Manage concessions

C- Manage time

D- Build the relationship

Answers

your answer is build the relationship

Phil's qualified education expenses for the year are $34,000. He claims a $2,500 American Opportunity Credit (based on $4,000 of his expenses). If Phil receives a $40,000 ESA distribution that includes $4,000 in earnings, how much of the entire ESA distribution will he receive tax-free

Answers

Based on the information given, the amount that will be tax-free from the ESA distribution will be $39000.

From the information given, the eligible education expenses will be:

= $34000 - $4000

= $30000

The tax free portion will be:

= (4000 × 30000) / 40000

= $3000

The total tax-free distribution will be:

= Contributions + Earnings

= $36000 + $3000

= $39000

Learn more about tax on:

https://brainly.com/question/1133253

Other Questions
Use the Capitalized word plus the suffix -tion in the new sentence. 1. I wasnt able to CONCENTRATE on my homework because my brother was talking on the phone. 2. The assignment was easy because all members of the group were able to COOPERATE. 3. The two opponents were able to RECONCILE their differences. 4. I had a hard time deciding which words to ANNOTATE. what is 130mins into hours and minutes? What is one reason Document B would be a reliable source to understand what happened when Moctezuma met cortes. Review the excerpt from The Code Book. In 1998, a report by Wayne Madsen revealed that the Swiss cryptographic company Crypto AG had built backdoors into some of its products, and had provided the U.S. Government with details of how to exploit these backdoors. As a result, America was able to read the communications of several countries. In 1991 the assassins who killed Shahpour Bakhtiar, the exiled former Iranian prime minister, were caught thanks to the interception and backdoor decipherment of Iranian messages encrypted using Crypto AG equipment. In this paragraph, the author uses a real-life example to demonstrate how cryptography can help the government. can be dangerous. is a Swiss specialty. is unreasonably expensive. A parallelogram and some of itsdimensions are shown below.215 in.Thin.The area of the parallelogram is90 square inches. What is h, the heightin inches of the parallelogram?A.6B.8C. 10D. 12Which of the following expressions3 Help me plsss i dont knowElle __ un passeportA) aB) as Which are properties of rotations? Check all that apply ce a vrut s spun Mo Nicolae n propoziia aceasta: Pentru o fapt bun ne ateapt rsplat Who wrote the Communist Manifesto? find the value9-2(--6-4) You want to know the number of games you can play at the carnival with $45. It costs $10 to get into the carnival and $7 for one game. Write and solve an equation to find out how many games you can play. Which sentence uses the underlined word correctly? His family will immigrate from Canada and settle in India. My mother emigrated from China and came to the United States. Yuri plans to immigrate from Russia later this year. I have always dreamed of leaving my homeland and emigrating to France. LAST ATTEMPT IM MARKING AS BRAINLIEST!! (Finding missing sides- similar triangles Algebraic practice ) WILL REWARD BRAINLIEST!!! plz :,) this is my last question:(( 50 POINTS!!!! Hellppp me with this!!!! Click to view whole pics!!! If you can view it it basically says : You are making several purchases from the B-Better Electronics store. You can buy from this store online or in a physical store. You have a coupon for 20% off that can only be used in the physical store and a $20.00 off coupon that can only be used online. The sales tax of 7.5% only applies to the physical store.Shipping for the online store is a flat rate of $8.99 or free for purchases over $75.00. Using the information below, which way of purchasing would save you the most money?B-better electrics store:Headphones. 1 pair. 14.99/eDVDs 4dvds 13.95/eCDs. 2cds. 9.85/e-Online store:Headphones 1 pair. 13.50/eDVDs. 4dvds 14.99/eCDs. 2cds. 10.99/e- Why does the military need amphibious assault vehicle's to move troops during a conflict? Alexa has set up a lemonade stand outside her house and sells small cups and large cups of lemonade. Each small cup holds 8 ounces of lemonade and each large cup hold 16 ounces of lemonade. Alexa used 320 ounces of lemonade and sold twice as many small cups as large cups. Determine the number of small cups sold and the number of large cups sold. On whose teaching were Jainism and Sikhism based Here is an encoded message, a message that has been converted into a code.WRGDB LYD JRRG GDB.Can you figure out what it says in English? How was the original message encoded? What traditional idea did Enlightenment thinkers challenge to improve the lives and freedoms of ordinary people? government, medicine, religion,or science Find the area of each figure