Note your net income
The first step in creating a budget is to identify the amount of money you have coming in. Remember to subtract your deductions, such as for Social Security, taxes, 401 and flexible spending account allocations, when creating a budget worksheet. Your final take-home pay is called net income, and that is the number you should use when creating a budget.
Track your spending
It’s helpful to keep track of and categorize your spending so you know where you can make adjustments. Doing so will help you identify what you are spending the most money on and where it might be easiest to cut back. Begin by listing all your fixed expenses. These are regular monthly bills such as rent or mortgage, utilities or car payments.
It’s unlikely you’ll be able to cut back on these, but knowing how much of your monthly income they take up can be helpful.
Set your goals
Long-term goals, such as saving for retirement or your child’s education, may take years to reach. Remember, your goals don’t have to be set in stone, but identifying your priorities before you start planning a budget will help.
Make a plan
With your fixed expenses, you can predict fairly accurately how much you’ll have to budget for. Use your past spending habits as a guide when trying to predict your variable expenses. You might choose to break down your expenses even further, between things you need to have and things you want to have.
Adjust your habits if necessary
Once you’ve done all this, you have what you need to complete your budget. Having documented your income and spending, you can start to see where you have money left over or where you can cut back so that you have money to put toward your goals. Want-to-have expenses are the first area to look for spending cuts. Try adjusting the numbers you’ve tracked to see how much money that frees up.
Lastly, if the numbers still aren’t adding up, you can look at adjusting your fixed expenses. You might be surprised at how much extra money you accumulate by making one minor adjustment at a time.
Keep checking in
Whatever the reason, keep checking in with your budget following the steps above.
Answer:
i do not know
Explanation:
Which of the following documents thanks the interviewer and restates the applicant’s interest in the job?
a.
Cover letter
b.
Acceptance letter
c.
Thank-you letter
d.
Rejection letter
Answer:
i think its b
Explanation:
sorry if im wrong
Answer:
C
Explanation:
If a door to door salesman refuses to leave your front doorstep unless you buy a vacuum, this is a contract that can be invalidated because it was created under accusation. True or false
Answer: False
Explanation:
The above statement is false because it was not created under accusation. According to the question, the buyer wasn't accused of anything.
Rather, the contract can be invalidated because the contact was created under duress. The buyer was forced to buy it and was under duress as the seller refused to leave his house. Therefore, the contact can be invalidated.
write and explain any five relation between market and entrepreneurship skills
Answer:
A great entrepreneur must be able to effectively communicate, sell, focus, learn, and strategize.
An ability to continuously learn is not just a key entrepreneurial skill, but also a very valuable life skill.
Growing a business requires a sound strategy based on inherent business sense and skills.
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?
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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Asset sales, Usage fees, Brokerage frees, and advertising are all ___?
Types of businesses
sources of business revenue
Subscriptions
All of the above
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.
What grade are y’all in ? So I can give some advice ! Middle school or high school ?
Answer:
Im in middle school, 7th grade
Explanation:
Some advice would be great :)
If a store has a “buy one, get one free” sale and an item costs $10, what is the marginal cost of the second item?
A) $7.50
B) $10
C) $5
D) $15
E) $0
If a store has a “buy one, get one free” sale and an item costs $10, then the marginal cost of the second item would be option E). 0.
What is marginal cost?The marginal cost helps to determine the additional cost that a company has to incur while producing one extra unit. In the case of buy one get one free item the final price tend to include the cost of both products.
Therefore, the marginal cost of the second product would be zero as the producer does not have to bear any additional cost as the product is free.
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The function f(x) = 2,000(1 + )12t models the balance in a savings account.
The savings account had an initial balance of _ and compounds
_ at an interest rate of _
Answer:
In the exponential function f(x) = P(1 + )nt :
P = principal value
r = the annual interest rate
n = number of compounding periods in a year
t = time in years
For the given function, P = 2,000, r = 0.0225, or 2.25%, and n = 12. So, the interest compounds 12 times a year, or monthly.
Therefore, the savings account had an initial balance of $2,000 and compounds monthly at an interest rate of 2.25%.
Explanation:
Explanation from PLATO
Eyan is giving a seminar on environmental conservation efforts in a local factory. Which qualities is Eyan using when writing and presenting his seminar? leadership, supervising, and teaching skills critical-thinking skills and knowledge of environmental regulations communication skills and physical strength knowledge of machines and responsibility in operating heavy equipment
Answer: critical-thinking skills and knowledge of environmental regulations
Explanation:
Since Eyan is giving a seminar on environmental conservation efforts in a local factory, the quality that Eyan is using when writing and presenting his seminar will be critical-thinking skills and knowledge of environmental regulations.
Eyan should possess critical thinking skill as he should be able to think clearly and at the same time should also have knowledge of environmental regulations.
Answer:
critical-thinking skills and knowledge of environmental regulation
Explanation:
It's below me
.
Lena thinks someone has stolen her identity. She isn’t sure if she should place a fraud alert on her credit report. She doesn’t understand anything about fraud alerts. What true statement could you teach Lena to help her make a more informed decision?
A fraud alert prevents anyone from viewing your credit report.
A fraud alert can stop anyone from opening any new accounts in your name.
When filing a fraud alert, you must first pay for a credit report.
To place a fraud alert, you must contact all three credit reporting agencies.
Answer:
A fraud alert prevents anyone from viewing your credit report
A fraud alert prevents anyone from viewing the credit report is the true statement could you teach Lena to help her make a more informed decision. Thus, option A is correct.
What is credit report?A credit history is a credit record of a borrower's timely debt repayment. A credit report is a record of a borrower's credit history obtained from a variety of sources, such as banks, credit card companies, collection agencies, and governments.
A credit score is essentially a summary of your credit history, whereas your credit report contains all the specifics of the financial history. The credit report will delve much deeper into your lending history, allowing the lender to examine how a person handled borrowed funds.
Therefore, option A is correct.
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Depending on a person's _____, he or she may be held to a higher standard of care.
place of residence
personality
wealth
profession
Allocate $249,000 net income by providing annual salary allowances of $66,000 to Ries, $56,000 to Bax, and $80,000 to Thomas; granting 10% interest on the partners' beginning capital investments; and sharing the remainder equally.
Answer:
Some information was missing: Ries invested $80,000 , Bax invested $112,000, and Thomas invested $128,000.
allocation of profits:
Ries = $66,000 + ($80,000 x 10%) = $74,000
Bax = $56,000 + ($112,000 x 10%) = $67,200
Thomas = $80,000 + ($128,000 x 10%) = $92,800
total = $234,000
remaining profits = $249,000 - $234,000 = $15,000 / 3 = $5,000
total allocation of profits:
Ries = $79,000Bax = $72,200Thomas = $97,800total = $249,000Which attack is typically performed from a hallway or doorway?
Select one
A Blitz
B. Combination
C. Transitional
D. Offensive interior
Answer:
B. Combination
Explanation:
Firefighting can be defined as a strategic approach or technique which typically involves the process of attempting to prevent and control the spread of an unwanted fire in buildings, vehicles or any other location (place).
Basically, the professionals or experts who are saddled with the responsibility of preventing or controlling this unwanted fire are known as fire fighters.
An attack which is typically performed from a hallway or doorway is known as combination.
what is a pumpkin bug
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:
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.
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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Demand for a good will MOST likely decrease when
A
there are many substitutes for it.
B
the price of it decreases.
C
consumer income rises by ten percent.
D
retailers sell out of the product.
You own a roofing company the roofers are replacing shingles on a house it takes 7/8 of 50 pound box of nailes to install shingles on 1/4 of the roof how many boxes of nails will the company need to install shingles on the entire roof
Answer:
3.5 boxes
Explanation:
If that is what it takes to install shingles on 1/4 of the roof then we would need to multiply this amount by 4 to find out how many boxes it would take to complete the entire roof, since 4 times 1/4 would equal 4/4 which represents the entire roof.
7/8 * 4 = 3.5 boxes of nails
Finally, after completing this calculation we can see that it would take the company 3.5 of 50 pound box of nails to complete the entire roof, that would mean a total of
3.5 * 50 = 175 pounds of nails
As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes before you learn how strong demand is for homes in this large neighborhood. There is a 60 percent chance of low demand and a 40 percent chance of high demand. The corresponding (inverse) demand functions for these two scenarios are P = 300,000 – 400Q and P = 500,000 – 275Q, respectively. Your cost function is C(Q) = 140,000 + 240,000Q. How many new homes should you build, and what profits can you expect?
The number of new houses that will be built is 200 while the profit is $13860000.
From the information given, the expected demand function will be:
= 60% × (300000 - 400Q) + 40% × (500000 - 275Q)
= 380000 - 350Q
Therefore, P = 380000 - 350Q
Since profit is the difference between the revenue and cost. This will be:
= (380000 - 350Q) × Q - (140000 + 240000Q)
Therefore, maximizing the profit will be:
380000 - 350 × 2Q - 240000 = Q
Q = 200
Therefore, profit will be:
= (380000 - 350Q) × Q - (140000 + 240000Q)
= (380000 - 350 × 200) × 200 - (140000 + 240000 × 200)
= 13,860,000
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Teams have better communication than other workers because they get to ______. a. Know each other better b. Attend communication seminars c. Earn extra benefits packages d. Use better telephones Please select the best answer from the choices provided A B C D
Answer:
a. Know each other better
Explanation:
A team refers to a group of people or set of individuals possessing various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.
This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, a worker that is working in a team is usually privileged to interact with the other members of the team and as a result, this enhances performance and strengthen the level of relationship they share.
Hence, teams have better communication than other workers because they get to know each other better in the course of brainstorming, interaction and sharing of ideas while trying to accomplish a common goal or execute a project (task).
Answer:
a is the answer!
Explanation:
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?
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.
Which of the following is a source of insurance? *
Answer:
Court ruling
Regulations
41. You own 25% of Unique Vacations, Inc. You have decided to retire and want to sell your shares in this closely held, all equity firm. The other shareholders have agreed to have the firm borrow $1.5 million to purchase your 1,000 shares of stock. What is the total value of this firm today if you ignore taxes? A. $4.8 million b. $5.1 million c. $5.4 million d. $5.7 million e. $6.0 million
Answer:
e. $6.0 million
Explanation:
The computation of the total value of the firm is shown below:
The Value of the firm is
= Amount borrowed ÷ ownership percentage
= $1,500,000 ÷ 0.25
= $6,000,000
Hence, the total value of the firm is $6,000,000
Therefore the correct option is e.
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Which of the following documents thanks the interviewer and restates the applicant’s interest in the job?
a.
Cover letter
b.
Acceptance letter
c.
Thank-you letter
d.
Rejection letter
Answer:
c
thank you letterr.........
Answer:
C
Explanation:
I took the test
Behati bought a couch at a store that was having a "buy now pay layer" sale. She bought the couch for $800, but she doesn't have to pay anything for 60 days. In 60 days she will have to pay $800 plus $50 interest. Which type of credit did she use?
Answer: Single lump-sum credit
Explanation:
With a single lump-sum credit, a person can buy goods without having to pay the full amount.
The buyer does not have to put down a down payment and will be required to pay off the amount they owe plus interest and service charges on a certain date. Behati therefore used a Single lump-sum credit.
Which education and qualifications would a high-level National Security Officer most likely need? Check all that apply.
design skills
customer-service skills
leadership skills
bachelor’s degree
discipline
high school degree
The education and qualifications that a high-level National Security Officer would most likely need are :
leadership skillsbachelor’s degreedisciplineBecoming a National Security OfficerThrough a competitive, national, merit-based annual competition, successful applicants distinguish themselves as highly motivated in their academic and career goals and in their strong commitment to public service. In return for support, award recipients agree to work in qualifying national security positions for at least one year.
Thus, the education and qualifications that a high-level National Security Officer would most likely need are :
leadership skillsbachelor’s degreedisciplineLearn more on National Security Officer here- brainly.com/question/13823394
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Answer:here's the answer for this question
Explanation:edge2023
Need help answer this question please help me
Answer:
b). 4 and 14 units
Explanation:
The equilibrium point is the intersection of demand and supply curves. It is a condition of no excess or shortage in supply or demand in the market. At equilibrium, the quantity demand matches the quantity supplied.
At the equilibrium situation, buyers are willing to purchase the quantity supplied at the stated price. It implies both suppliers and buyers are happy with the current supply and price.
Measures that you would take to minimize landslides in your locality.
Answer:
There are also various direct methods of preventing landslides; these include modifying slope geometry, using chemical agents to reinforce slope material, installing structures such as piles and retaining walls, grouting rock joints and fissures, diverting debris pathways, and rerouting surface and underwater drainage.
PLEASE MARK ME AS BRAINLIESTdistinguish between regional level and national level employment giving adequate example
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
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.
A power point can only strengthen your presentation.
True or False
Answer:
True
Explanation:
because it gives mor information
