Solved

Assume That Your Total Income for the Current Year Is

Question 54

Multiple Choice

Assume that your total income for the current year is $35,000.Your total expenses including taxes of $5,000 is $30,000.Your savings ratio is:

A) 7.5%.
B) 10.0%.
C) 12.5%.
D) 13.3%.
E) 16.7%.

Related Questions

Q7: Future value calculations to estimate the funds

Q37: An individual's auto loan payments are listed

Q50: If your budget shows a deficit,you are

Q53: Which of the following is true of

Q57: A cash budget has value only if

Q58: Which of the following is true of

Q59: The process of finding present value is

Q71: If your statement of income and expense

Q83: _ will be listed as a liability

Q108: A savings ratio calculated from an income