Dawood works in one of the investment banks in the Kingdom of Bahrain as Vice-President of Investments. He earns a monthly salary of BD 8,000.00. Every fortnight, Dawood goes for online work that pays him BD 3,000.000 He also has investments that earn him the weekly amount of BD 2,500.378.   He owns several shops that generate a fortnightly income of BD5,750.139. Dawood is single and his expenses are the following, to wit: a. Monthly house amortization BD 2,300- b. Monthly Car amortization BD 700/- c. Monthly Electricity BD 150/- d. Weekly Subsistence (Food) BD 150/- e. Fortnightly Petrol BD 20/- f. Monthly Mobile Bill BD 50/- g. Driver’s fortnightly salary BD 100.000 h. Fortnightly money he gives his mother BD 300.000   B. Fill this budget form with the above data. Use the correct word and number placement. Write only the TOTAL MONTHLY amounts. If there is money left for Dawood, put a + sign but if there is no money left, put a – sign.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Note: Before proceeding, check the meaning of the word

fortnight.

 

Dawood works in one of the investment banks in the Kingdom of Bahrain as Vice-President of Investments. He earns a monthly salary of BD 8,000.00.

Every fortnight, Dawood goes for online work that pays him BD 3,000.000

He also has investments that earn him the weekly amount of BD 2,500.378.  

He owns several shops that generate a fortnightly income of BD5,750.139.

Dawood is single and his expenses are the following, to wit:

a. Monthly house amortization BD 2,300-

b. Monthly Car amortization BD 700/-

c. Monthly Electricity BD 150/-

d. Weekly Subsistence (Food) BD 150/-

e. Fortnightly Petrol BD 20/-

f. Monthly Mobile Bill BD 50/-

g. Driver’s fortnightly salary BD 100.000

h. Fortnightly money he gives his mother BD 300.000

 

B. Fill this budget form with the above data. Use the correct word and number placement. Write only the TOTAL MONTHLY amounts. If there is money left for Dawood, put a + sign but if there is no money left, put a – sign.

INCOME:
TOTAL INCOME BD
EXPENSES:
TOTAL EXPENSES
BALANCE/DEFICIT BD
Transcribed Image Text:INCOME: TOTAL INCOME BD EXPENSES: TOTAL EXPENSES BALANCE/DEFICIT BD
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