User Account

All Pages

What is joseph debt-to-income ratio

Assignment Help Business Economics
Reference no: EM133125555

Joseph earns $10,000 a month working at a law firm. His monthly living expenses like food and gasoline amount to $3,500. He pays $2,700 for his mortgage. He also has $900 in credit card debt and pays $1,200 toward his auto loan each month.

What is Joseph's debt-to-income ratio?

Reference no: EM133125555

Questions Cloud

Determine the total depreciation and amortization expense : Bulldogs Inc. made P14,500,000 capital expenditures net of depreciation. Determine the total depreciation and amortization expense of Bulldogs Inc
Identify causal links : Although summary statistics cannot be used to identify causal links, they play an important role in economic research.
How do governments regulate natural monopolies : Why and how do governments regulate natural monopolies? Examine the strengths and weaknesses of different types of regulation. In the light of your analysis wha
What must be the total for direct labour : Assuming a beginning inventory of raw materials of $8,000 and an ending inventory of raw materials of $6,000, what must be the total for direct labour
What is joseph debt-to-income ratio : Joseph earns $10,000 a month working at a law firm. His monthly living expenses like food and gasoline amount to $3,500. He pays $2,700 for his mortgage.
Cognitive intelligence in influencing individual success : Emotional intelligence is more important than cognitive intelligence in influencing an individual's success."
What is Bulldog net operating profit after taxes : The net investment in operating capital of the company is P1,570,000. The company has a 30% tax rate. What is Bulldog's net operating profit after taxes
Confidence interval for the proportion : The results from a survey of 100 high school students finds that 19 like Science but don't like Math, 17 like Math but don't like Science, 10 like both Science
Introduction of new seeds or different cash crops : In most cases, small-scale farmers in developing countries cannot switch to new farming methods or to the introduction of new seeds or different cash crops even

Reviews

Write a Review

Business Economics Questions & Answers

  Demand for health care services for insured individuals

What are the impact of copays and deductibles on demand for health care services for insured individuals.

  The productivity slowdown and the great inflation

The productivity slowdown and the Great Inflation: Using the IS-MP diagram and the Phillips curve, explain how the productivity slowdown of the 1970s may have contributed the Great Inflation. With this belief, what monetary policy action would policy..

  Inventory activity of company bh

In 2019Q2, the company sold the inventoried helmets at $30 each. The inventory activity of Company BH

  Relationship between price level and rgdp

Question 1: Which of the following will cause movement along the demand curve?

  Members of the house of representatives

Most of the Federal elected politicians, members of the House of Representatives, are up for reelection every two years.

  Labor and capital receive of total income

In macroeconomics, we assume that total rental and labor income (wL+rK) is equal to total output (Y), use your previous answers to show that Income=Output is the case. What are the shares of Income that Labor and Capital receive of total income? (As ..

  U-shaped AC curve and an L-shaped AC curve

The difference between a U-shaped AC curve and an L-shaped AC curve is that: Diseconomies of scale are greater as represented by the L-shaped AC curve. The Marginal Cost (MC) of production increases more rapidly beyond the minimum efficient scale poi..

  Some of the forces working against freer global trade

Some of the forces working against freer global trade are:

  Supply and demand curves for product both decrease

Given stable demand and supply curves for product "X", we can expect a government-mandated increase in the price of "X" to: If the supply and demand curves for a product both decrease, we can say that equilibrium:

  What is the new level of saving

Suppose the MPC in an economy is 0.65 The APC is initially 0.5 and disposable income is $8 billion If disposable income incieases to $17 billon, what is the new

  Market is characterized by demand curve

A market is characterized by a demand curve that can be expressed as P = 96 – (1/3) Q. Each of the two identical firms currently serving the market has a total cost function of the form C = 12 q. If the 2 duopolists behave as independent, symmetric C..

  Explain what will happen to the capital-labor ratio

You are tasked with manufacturing 12 commercial aircraft per month. A new OSHA rule requires that welders be given paid 2 hour break for every 2 hours of work to prevent carpel tunnel syndrome. Using the isoquant-isocost graph as an aid, explain what..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd