Max has a net spendable income of $1,700 per month. He has a new job and is looking for a new car. Max is trying to develop a budget for himself. Look at the following budget he has created. Which category should he adjust?

Percent Amount Budgeted Amount Spent Amount Over/Under Budget
Net Spendable Income 100% 1700
1. Housing (30% - 36%) 600
a. Mortgage (rent)
b. Taxes
c. Insurance
d. Electricity
e. Gas
f. Water
g. Telephone

h. Sanitation
i. Other
2. Food (12% - 17%) 320
3. Transportation (15% - 20%) 300
a. Car Payments
b. Gas/Oil

c. Insurance
d. License/Registration
e. Taxes
f. Maintenance/Repair
4. Insurance (3% - 7%)
a. Life
b. Medical
5. Debts (5% - 6%) 150
6. Entertainment (5% - 8%)
7. Clothing (5% - 6%)
8. Savings 5%
9. Medical Expenses (4% - 8%)
a. Doctor
b. Dental
c. Prescriptions
10. Miscellaneous (5% - 10%)
a. Toiletries
b. Beauty/Barber
c. Laundry/Clothing
d. Subscriptions
TOTALS:
A. transportation
B. debts
C. housing
D. food

Answers

Answer 1

Answer:

the answer is 3

Explanation:

4

Answer 2

Answer: food

Max’s food budget is higher than it should be. He should look at finding ways to save money there. While the amount of money spent dealing with debts is higher than it ought to be, Max cannot lower these payments.

Explanation:

From Plato


Related Questions

components of marketing environment?​

Answers

Answer:

It consists of six components: the demographic, economic, physical, technological, political-legal, and social-cultural environments.

Explanation:

Hope this helps!

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Which is a benefit of collaboration and teamwork?
A.It expands your social network and creates new connections.
B.It makes it more difficult to leave your current job.
C.It makes it easier to do your job since you can have other people do it.
D.It requires more work since you have to explain so much to other people.

Answers

Answer:

The Awnser Is A

Explanation:

It's the Best Awnser

Answer ASAP
An entrepreneur wants to start a bakery. He wants to make a sales forecast for his first six months in business, so he obtains the sales records for all the successful bakeries in his state and uses the monthly average for his forecast. What mistake is he making in this process? A. It is impossible to make an accurate sales forecast for a new business, and attempting to do so will only set him up for failure and disappointment. B. He should not use data from bakeries in his own state, as it is unlikely that they will report accurate estimates to their potential competitor C. He should be looking at sales records for all the successful bakeries in the country, not just in his state. D. It is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months.​

Answers

The Mistake is he making in this process it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months.​ The correct option is D.

What is the importance of sales forecasting?

A precise sales forecast enables businesses to efficiently allocate resources for future growth while also managing cash flow. Forecasting sales help create benchmarks for future trends and allow executives to make early course corrections. Revenue executives can optimize for more wins by aligning sales quotas with revenue goals.

Make a list of the products and services you offer. Estimate how much of each you anticipate selling. Define the unit price or monetary worth of each sold good or service. Divide the number of units sold by the price. Determine the cost of producing and selling each commodity or service.

Thus, the ideal selection is option D.

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Answer:

option d

Explanation:

it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months

Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry? A. monopolistic competition B. perfect competition C. monopoly D. oligopoly

Answers

Answer: the answer to your question is D) oligopoly

Explanation:

Answer:

it's D. oligopoly

Explanation:

Oligopoly is a market structure where only a few large firms control a major share of the market.

think about a piece of fruit that you recently purchased. list the natural, labor, and capital resources needed to get it to you

Answers

Answer: Typically shipping fresh fruit or shipping fresh produce involves a few different steps which can slow down productivity. For example, fruits are loaded into a corrugated box then added to a pallet, then shrink wrap is added or banding is used to keep the boxes on the pallet.

Explanation:

Which career would organize, train, and support teachers and educational workers to help them provide better
instruction?
O distance learning coordinator
O education administrator
O instructional coordinator
O regulatory affairs specialist

Answers

Answer:

it is C instructional coordinator

Explanation:

Which of the following is NOT an example of a job skill?
A. attending work every day
B. being good with computers
C. being creative
D. working well in groups

Answers

Answer:

attending work everyday

Explanation:

Its not a skill its a priority.

Some examples of a job skill are being good with computers, being creative or working well with a team but attending work every day is not a skill. Therefore a is correct here.

Why do job skills matter?

Job skills are important because they are those collections of skills that can help a person to complete a work. There are various kinds of work skills such as workplace skills, technical skills, transferable skills etc.

Workplace skills are those personal skills that ensure that we do our job well, for instance, teamwork. Technical skills are those skills that are required for a specific job such as coding. And transferable skills are those skills which we take from one job to another.

Some of the skills required are communication, change management, professional development, storytelling, planning, influencing, decision-making, problem-solving, and human resources.

Job seekers should always be ready to learn new skills because employers prefer such employees.

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who do u guys think is going to win the election

Answers

Answer:

biden!

Explanation:

Answer:

Me!!!!!!!

Explanation:

jk biden won

everyone here is a pleb

Answers

Noooo




Step by step explanation:

Answer:

no no no no no no no no no no no                                                                                            

why banks pay lower interest rates on savings accounts than on certificates of deposits.

Answers

Answer:

See below

Explanation:

Savings accounts are more common than certificates of deposits. Banks do not restrict customers on the number of withdrawal and deposits per period in a savings account. Banks consider savings account very liquid because a customer can withdraw their money anytime. Due to this reason, savings accounts attract low-interest rates.

Certificate of deposits, CDs have withdrawal restrictions. In this type of account, the customers agree to keep their money in the bank for a specified period. Banks offer a higher interest rate to encourage customers to keep their money in the account for the agreed duration.

What is the difference between division of labour and specialisation?

Answers

Answer:

Specialization refers to an individual while division of labor is social or refers to society (the aggregation of individuals). Division of labour is the separation of the production process into different operations, from intellectual to manual, from each process in a production line, from country to country, etc.

The amount of money that you are able to charge to a credit card. If you exceed this limit, your purchase may not go through and you could be penalized.

Answers

Answer:

isnt that called your credit limit?

Explanation:

Which of the following regulates the International Monetary Fund?
a. un
b. international bankers association
c. u.s
d. international finance committee

Answers

Answer:

A. UN

Explanation:

The International Monetary Fund (IMF) is an international organization that aims to promote monetary cooperation, secure financial stability, make international trade easier, increase employment, and reduce poverty. It consists of 190 countries, and its headquarters are located in Washington, D.C. Along with the World Bank, the IMF is a part of the United Nations system. This means that it's regulated by the UN.

Monitoring the competition is important for all the following reasons EXCEPT

a
to keep prices competitive.

b
a similar décor will attract customers.

c
to match competitors’ promotions.

d
to detect weaknesses in competitors’ promotional strategies.

Answers

Answer: The answer is B

Explanation: Took the test

Answer:

B. a similar décor will attract customers.

Explanation:

Prepare the general journal entry (without explanation) needed to close Net Income or Net Loss for the year end. Use compound entries where required. If no entry is required then write "No Entry Required."

Answers

Answer:

Closing entry for closing net profit / net loss for the year ended

Explanation:

In case of net profit, for the year ended closed -

Profit & Loss a/c .. dr

to Capital ac

{Reason - As profit has credit balance, so nullifying by debiting it. And, profit increases capital, so capital a/c is credited}

In case of net loss, for the year ended closed -

Capital a/c .. dr

to Profit & Loss ac

{Reason - As loss has debit balance, so nullifying by crediting it. And, loss decreases capital, so capital a/c is debited}

What type of financial institution is the primary source of loans for businesses?

Answers

Answer:

The answer to your question is a bank

Select the correct answer from the drop-down menu.
Which option is an example of verbal communication?
A --------- is an example of verbal communication.
smile
letter
handshake

Answers

Answer:

its a .............................letter

Explanation:

A handshake is an example of verbal communication. Thus, option C is correct.

What is verbal communication?

Verbal communication is when you or another person speaks out while expressing yourself verbally. However, nonverbal communication is the exchange of information through actions, reactions on the face, and facial expressions.

When you shake hands with someone, you are expressing your warm welcome and full focus. We communicate nonverbally to convey our intentions, identities, beliefs, and various cultural approaches.

Nonverbal communication includes gestures like signaling, winking, hand-shaking, physical separation, and emotions on the face, among others. This is a major change that comes in the way a person is communicating.

Therefore, option C (handshake) is the correct option.

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Choosing to go to college over getting a job right out of high school is an example of a(n) _____.


fixed cost

opportunity cost

variable cost

none of the above

Answers

It’s opportunity cost

Consumers have certain rights that do NOT carry corresponding responsibilities.
Please select the best answer from the choices provided
T
F

Answers

Answer:

Explanation:Consumers have certain rights that do NOT carry corresponding responsibilities....(false is the answer)


If Sadie has $2,000 in cash in the bank and $8,000 in stocks but has $4,500 in credit
card debt, what is Sadie's net worth?

A . $5,000
B . $2,000
C . $5,500
D . $14,500

Answers

Answer:

C. 5500

Explanation:

Its simple addition and subtract

8000-4500=3500

3500+2000=5500

why does spaghetti taste good?

Answers

Answer:

cuz why not,its bery taesty

Which part, sentence, or phrase in the passage suggests that the respective entrepreneur is a transformational leader? Four best friends from high school—Erwin, Harry, Mick, and Gary—have gone on to become entrepreneurs. They have very different personalities, and thereby, leadership styles. Erwin A(seems to concern himself with the processes rather than forward-thinking ideas.) Harry is B(finicky about minute details, but always gets the job done). C(Mick seeks advice from others and has great concern for his employees). Gary D(rewards effective behavior of his employees, and corrects them when the expectations are not met.)

Answers

Answer:

Garry

Explanation:

Brainliest please! :)

Answer:

(D) "rewards effective behavior of his employees, and corrects them when the expectations are not met."

Explanation:

What asset might a bank use as collateral for a mortgage?
A house
A boat
A vehicle
Jewelry

Answers

A house is the most common

Answer:

A. A house

Explanation:

Choose the term that best matches the description given.


_______detail the activities of the people both inside and outside of the organization.

Answers

c looks like the correct ansanswer

Helps measure market success and detail the activities of the people both inside and outside of the organization. Hence, option C is appropriate.

What is the meaning of market?

To make the long-term strategic expenditures more appealing and provide the organization with a future vision, define your market as just a group of individuals and the task they are attempting to do.

A market is a place where buyers and sellers can meet and trade goods and services. Markets can be physical, like a store, or they can be digital, like an online retailer.

Any location where producers, retailers, or distributors sell and customers buy is a market. Websites, main streets, and stores are a few examples. The phrase may also be used to describe all customers who purchase a service or product. Market-based businesses frequently face competition from other businesses.

The entire number of buyers and sellers inside the region or area under consideration is referred to as the "market." The region can be the whole world, a nation, a state, or a city. The value, cost, and price of traded goods depend on the market's supply and demand forces.

Hence, option C is correct.

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3. Chin Lee Florists is opening a new store in the warehouse district of town. The annual rent is $8.75 per
square foot plus 5% of the store's annual gross sales. The store measures 36 feet by 48 feet. Based on
experience, Chin Lee estimates $225,000 in gross sales. What is Chin Lee's estimate of the monthly rent
on this store?

Answers

Answer:

$26,370

Explanation:

The annual rate per square is $8.75

The store measures 36 feet by 48 feet.

In square feet, the store will be

=36 x 48 sq.feet

=1,728 sq.feet

The annual rents will cost

= 1,728 sq.feet x $8.75

=$15,120

5% of the store's annual gross sales is 5/100 x $225,000

=0.05 x 225,000

=$11,250

the total amount that chin will incur

=$15,120 + $11,250

=$26,370

Amber showed up to the conference room five minutes before her presentation, which was to begin at 2 P.M. This was the first time she had been to conference room #9, and she assumed that it had a projector. Unfortunately, it didn't. After noticing this fact, she rushed to an adjacent room to borrow one. She was able to do so, and finished setting up her equipment at 2:15. She had to borrow a laptop as well, since the room did not have a computer. 1. Think carefully about what happened to Amber's presentation. In your estimation, what was her first mistake?

Answers

Answer:

She should have come earlier so that she could prepare for her presentation, and if she knew she needed specific equipment then she should have asked someone if the room had it.

Explanation:

So basically just not coming early and prepared.

The United States’ central bank, the , holds the account balances of the country’s commercial banks. These are called .

1st drop menu: Federal Reserve, Bank of America, Goldman Sachs, Capitol Federal
2nd drop menu: Deposit Money, Bankers' Deposits, Online Banking

Answers

Answer:

Reserves

Explanation:

The Federal Reserve is the regulator and banker to commercial banks in the US. All commercial banks are required to open and operate an account with the Federal Reserve. The money that commercial banks deposits in their accounts at the federal reserve is known as reserves.

The Federal reserves use the reserves just as the commercial banks make use of customer deposits. 'Bank reserves' is another term that refers to commercial bank deposits.

In which tab can you find features like New Slide, Slide Layout, and Reset Slide?

Answers

Answer:

in a techniol up coming

A Purchasing Specialist is sometimes referred to as what? Select all that apply *

Purchasing Agent
Purchasing Manager
Procurement Manager
Buyer

Answers

[tex]\text{Hello there!}[/tex]

A Purchasing Specialist is sometimes referred as a [tex]\bold{Procurement Manager.}[/tex]

This is because they're responsible for purchasing/procuring supplies.

They relatively have the same roles, however, occasionally referred to by different names.

[tex]\text{The job of the}[/tex] [tex]\bold{Purchasing\;Manager}[/tex] [tex]\text{\;is to purchase supplies for the company.}[/tex]

[tex]\text{For example, purchasing lettuce for a}[/tex] [tex]\bold{fast\;food\;restaurant.}[/tex]

[tex]\text{The job of the\;}[/tex] [tex]\bold{Purchasing\;Agent}[/tex] [tex]\text{is to buy supplies that the company needs.}[/tex]

[tex]\text{The job of the}[/tex] [tex]\bold{Procurement\;Manager}[/tex] [tex]\text{has the same responsibilities as the}[/tex][tex]\bold{Purchasing\;Manager.}[/tex]

Therefore, all of the possible referred answers are going to be correct.

The only differences are going to be the names.

[tex]\rule{300}{1.0}[/tex]

A low credit score can lead too?

Answers

Answer:

Dept

you can loose errythang

no loans

Explanation:

[tex]\text{Hello There!}[/tex]

[tex]\text{A low credit score can lead to a number of things, such as:}[/tex]

Low eligibility rates for apartmentsHigh-interest ratesDifficulty applying for credit cards

[tex]\text{And many other issues can arise; which is why it's a good idea to have multiple credit cards.}[/tex]

[tex]\rule{300}{0.5}[/tex]

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