Business, 24.10.2020 02:10, azimgd1612

James works full time as an entry-level web designer since earning his certi He rents an apartment by himself. He has a credit card, which he used to purchase furniture, with a balance
of $3,235. Unfortunately, to celebrate his first job, James also financed a new car. His car cost $28,000. His
payments are $554 for a term of 5 years. James has health insurance and disability insurance through his
employer, which cost him $185 a month. He also contributes 4% of his (gross) income to his 401(k). James
fixed monthly expenses include:
Rent..
$950
Insurance (renter's and ID theft)
$25
Insurance (health and disability)
$185
Retirement (401(k))
$157
Car insurance
$120
Utilities
$100
Cell phone
$85
Cable TV
$70
Credit card (minimum payment)
$150
(Note: At 17% interest, it will take 26 months to pay off this credit card debt)
Car payment
$554
James' budget must also include: Giving, Saving, Food, Gas, Entertainment and Personal

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 11:00, mmcdaniels46867

Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld

Answers: 2

continue

Business, 22.06.2019 20:10, cyndy50

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.

Answers: 2

continue

Business, 22.06.2019 22:00, hernandezbrandon059

You wish to retire in 13 years, at which time you want to have accumulated enough money to receive an annual annuity of $23,000 for 18 years after retirement. during the period before retirement you can earn 9 percent annually, while after retirement you can earn 11 percent on your money. what annual contributions to the retirement fund will allow you to receive the $23,000 annuity? use appendix c and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods.

Answers: 1

continue

Business, 23.06.2019 07:50, cheesy7651

To record a 6% stock dividend, accountants use to record a 55% stock dividend, accountants use a. par value per share; market price per share b. par value per share; par value per share c. market price per share; market price per share d. market price per share; par value per share

Answers: 1

continue

Do you know the correct answer?

James works full time as an entry-level web designer since earning his certi He rents an apartment...