A Apex Learning - CoursesÔ https://course.apexlearning.com/public/activity/2005002/assessmentFinancial Literacy (2020)L 2.5.2 Quiz Budgeting and Cost of LivingLiliana's $3300 monthly budget is represented by the pie chart below. Allamounts are in dollars.429Monthly Budget858I Car ExpensesI HousingI UtilitiesGroceries924SavingsI Other528363198What percentage of her monthly budget does Liliana spend on groceries?O A. 6%O B. 16%O C. 13%+ PREVIOUSP Type here to search49°F Mostly cloudy14)4|ロ a

Given information : Total budget 3300 Car expenses 429 Housing 924 Utilities 198…

Answered: Financial Literacy (2020) L 25.2 Quiz…

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

Problem 1PS

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11. You have a net income of $40000/year. Your expenses include the following: 。 Rent: $800/month 。 Insurance: $225/semi-annually 。 Car Payment: $315/month 。 Car Expenses: $1000/year • RRSP: $50/month 。 Entertainment: $50/week 。 Cell Phone: $75/month 。 Food: $500/month a. Create a budget. b. Modify the budget to include a savings plan of $100/week. * c. You paid off your car and have decided to buy a house. Your mortgage payment is now $1050/month. Modify the budget to reflect this new financial plan.
Gretchen's Short-Term Budget Worksheet Spending Purpose Income Date Source Amount Date Amount $423.52 | 6/03/20 50.00 | 6/12/20 423.52 6/15/20 25.00 6/23/20 8.92 | 6/25/20 6/07/-- wages new sweater $ 33.86 6/09/-- birthday gift car insurance 48.29 6/21/-- rent 350.00 wages babysitting job savings interest 6/23/-- credit card bill 296.04 telephone bill groceries doctor's visit 6/30/-- 53.41 6/26/20 69.30 6/29/20 50.00 Totals $930.96 $900.90 3. Which types of spending might not be the same from month to month?
Part D Ken has created a budget, but he wonders if the budget fits his needs. Why would it be useful for Ken to keep records of his expenses and examine them at the end of the year? BIUX² X₂ 15px Space used (includes formatting): 0/15000 O A 2 6 13 8 19 Apr 3 11:36 O
Subject-chemistry
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Items 23 through 25 are based on the following data: The January 31, 2020 balance sheet of Miko Corporation shows the following information: P8,000 Cash for 38,000 Accounts receivable (net of allowance uncollectible accounts of P2,000) 16,000 Inventory 40,000 Property, plant and equipment (net of allowance for accumulated depreciation of P60,000) P102,000 Total assets P82,500 Accounts payable Ordinary shares Retained earnings (deficit) Total liabilities and stockholder's equity 50,000 (30,500) P102,000 Additional information: Sales are budgeted as follows: February P110,000 March 120,000 Collections are expected to be 60% in the month of sale, 38% the next month, and 2% uncollectible. The gross margin is 25% sales. Purchases each month are 75% of the next month's projected sales. The purchases are paid in full the following month. o Other expenses for each month, paid in cash, are expected to be P16,500. Depreciation each month is P5,000.
Management Accounting Course Project – Part 1, B Group The Terranova Company is preparing information to complete its master budget for the quarter ending December 31, 2020. The company intends to make unit sales in the related months as follows: September 5,000 October 9,750 November 11,700 December 14,625 Units are to be sold for $10 each. Sales are 60% for cash and 40% on credit. Credit sales are collected in the month following the sale. *Required: 1) Prepare a sales budget for Terranova for the quarter ending December 31, 2020. Show activity by month and in total. (Hint: a quarter = 3 months.) 2) Complete a schedule of expected cash collections for the quarter ending December 31, 2020. Show activity by month and in total.
Font Paragraph Styles 6. Assume you are the chief administrator of a small healthcare facility and are comparing the actual cost to the budgeted cost. Prepare a Comparative Analysis of Actual to Budget and write a brief paragraph on how you believe this unit performed during the year. 2021 Actual Difference 2020 Budget Dollars Dollars Dollars Maintenance Expense $300,000.00 $450,000.00 Dietary Expense $615,000.00 $645,000.00 General Services $21,500,000.00 ? $21,200,000.00 ? Supply Expense Total $5,500,000.00 $6,150,000.00
Personal Budget At the beginning of the school year, Katherine Malloy decided to prepare a cash budget for the months of September, October, November, and December. The budget must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget: Cash balance, September 1 (from a summer $5,750 job) Purchase season football tickets in September 210 Additional entertainment for each month 275 Pay fall semester tuition in September 3,700 Pay rent at the beginning of each month 600 Pay for food each month 235 Pay apartment deposit on September 2 (to be 500 returned December 15) Part-time job earnings each month (net of 1,400 taxes) a. Prepare a cash budget for September, October, November, and December. Enter all amounts as positive values except an overall cash decrease which should be indicated with a minus sign. Katherine Malloy Cash Budget For the Four Months Ending December 31 September…
III. DETAILS OF PERSONAL BUDGET PLAN: (List down your possible income and expected expenses). ACTUAL AMOUNT (In PARTICULARS EXPECTED AMOUNT (In Php) DIFFERENCE (In Php) Php) A. CASH INFLOWS: list down example of ALLOWANCE 0.00 expected income OTHER SOURCE 0.00 0.00 0.00 0.00 0.00 TOTAL CASH INFLOWS PHP 0.00 PHP 0.00 PHP 0.00 B. SPENDING: FOODS list down 0.00 example of expected EDUCATIONAL EXPENSES 0.00 PERSONAL EXPENSES 0.00 OTHER EXPENSES 0.00 expenses 0.00 |TOTAL EXPENSES PHP 0.00 PHP 0.00 PHP 0.00 VARIANCES PHP 0.00 PHP 0.00 PHP 0.00 RESULT: FINDINGS: RECOMMENDATION:
Unit Activity: Mathematical Models and Consumer Finance Part A Jenna’s monthly monetary income is $1,200. Her total spending last month was $1,400. Why would Jenna need a budget? 15px Space used (includes formatting): 0 / 15000 Part B Maria has $3,000 in the bank, has a home worth $150,000, and has a $75,000 home loan. She also has $10,000 in investments and a $15,000 student loan. What is Maria’s net worth? Show your work. 15px Space used (includes formatting): 0 / 15000 Part C Nina is trying to decide between two jobs. The first job pays $10 an hour. The second job offers a $20,000 a year salary, which would equal a gross pay of $769 every two weeks. Nina would work 40 hours a week at both jobs. Nina decides to take the salaried job because she thinks it pays better. Evaluate Nina’s decision. Explain your answer. 15px Space used (includes formatting): 0 / 15000 Part D Lola is 15 years old and works in a factory every weekend. Why might…

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Financial Literacy (2020) L 25.2 Quiz Budgeting and Cost of Living Liliana's $3300 monthly budget is represented by the amounts are in dollars.