11) Yvonne is a student at a community college. She has a part-time job with take home pay of $260 each week. She has also received a student loan of $5000 for the year. Her parents pay her tuition. Yvonne's Expenses • Rent and utilities: $550/month • Food: $85/week • Bus pass: $65/month • Cell phone: $25/month Books and supplies: $1200/year • Miscellaneous: $250/2 weeks Design a monthly budget using the data provided. Show your calculations. A [6] Is Yvonne earning enough to cover her expenses? If not, suggest how she could balance
11) Yvonne is a student at a community college. She has a part-time job with take home pay of $260 each week. She has also received a student loan of $5000 for the year. Her parents pay her tuition. Yvonne's Expenses • Rent and utilities: $550/month • Food: $85/week • Bus pass: $65/month • Cell phone: $25/month Books and supplies: $1200/year • Miscellaneous: $250/2 weeks Design a monthly budget using the data provided. Show your calculations. A [6] Is Yvonne earning enough to cover her expenses? If not, suggest how she could balance
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please help me with this question, I don't understand it, thank-you
![ame:
Date:
11) Yvonne is a student at a community college. She has a part-time job with take home pay
of $260 each week. She has also received a student loan of $5000 for the year. Her
parents pay her tuition.
Yvonne's Expenses
Rent and utilities: $550/month
• Food: $85/week
• Bus pass: $65/month
• Cell phone: $25/month
Books and supplies: $1200/year
• MiscellaneouS: $250/2 weeks
Design a monthly budget using the data provided. Show your calculations. A [6]
Is Yvonne earning enough to cover her expenses? If not, suggest how she could balance
her budget. C [1]
550](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fda5dd8c7-da98-48a9-9456-34c8d07abd6a%2F50b0ab9f-949a-4675-b150-275b73cc1242%2Fe2b4lwi_processed.jpeg&w=3840&q=75)
Transcribed Image Text:ame:
Date:
11) Yvonne is a student at a community college. She has a part-time job with take home pay
of $260 each week. She has also received a student loan of $5000 for the year. Her
parents pay her tuition.
Yvonne's Expenses
Rent and utilities: $550/month
• Food: $85/week
• Bus pass: $65/month
• Cell phone: $25/month
Books and supplies: $1200/year
• MiscellaneouS: $250/2 weeks
Design a monthly budget using the data provided. Show your calculations. A [6]
Is Yvonne earning enough to cover her expenses? If not, suggest how she could balance
her budget. C [1]
550
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