Information on income and debt

Assignment Help Business Economics

Reference no: EM131805626

The table below gives information on income and debt for a small nation for the years 2008 through 2011. The nation had average household debt of $35000 at the end of 2007. Use this information to fill in the blanks in the table below. Instructions: Round your dollar-based answers to the nearest dollar and your percentage answers to two decimal places.

Year	Household income ($)	Financial obligations ($)	Financial obligations as % of income	Household debt ($)	Debt as % of income
2008	38000	4200
2009	38000	4100
2010	40000	4800
2011	45200	6000

Reference no: EM131805626

Questions Cloud

Do you agree that drawing a second sample was a good idea : Do you agree that drawing a second sample was a good idea? Do you agree that the follow-up mailings were a good idea?

What is the weighted-average capital for willis and rite : What is the weighted-average capital for Willis and Rite in 2009? What will be the final profit allocations for Willis and Rite in 2009?

Discuss the payment of rent for a staff member : The payment of rent for a staff member when he is staying in Bendigo. He normally lives in Melbourne

What is the percentile ranking for employee : For the annual salary levels: Construct a cumulative distribution function. Find the median, quartiles, and extremes.

Information on income and debt : The table below gives information on income and debt for a small nation for the years 2008 through 2011. The nation had average household debt

Show how accounts receivable and the allowance : Show how Accounts Receivable and the Allowance for Doubtful Accounts would appearon the balance sheet after adjustment

List the employee numbers for your sample : List the employee numbers for your sample. Find the average salary for your sample and interpret this number.

Positive accounting profits : Suppose that Tara's estimated selling price is lower than originally projected during the first year. How much revenue would she need to earn positive

Finding the cost of capital using given data : Your firm has the following securities outstanding: common stock (market value $4,500,000; investors demand 17% annual rate of return).

User Account

All Pages