For the first part of this activity, you will be given a hypothetical monthly income, a list of your basic monthly bills, and a brief description of your living situation and daily life.Based on that information, you will create a monthly budget and financial plan that allows you to pay all of the necessary bills while also having enough money left over to live for the month.

You currently work as an elementary school teacher.

Your annual salary is $45,000
You bring home a weekly paycheck and your total monthly income, after taxes, is $2,850.00
You live alone in an apartment with the following bills:

Monthly rent: $1,000
Electric Bill: $82
Gas and Water: $44
Internet: $75
Other monthly bills include:

Cell Phone: $85
Student Loan: $200
Car Insurance: $130
Gym Membership: $20
Other details and expenses:

You live a pretty simple life. You are single and enjoy going out to dinner with friends once or twice a month.
You enjoy eating healthily and generally spend a good portion of your income on purchasing organic food. You like to grocery shop weekly and, on average, spend $100 per week.
You have a dog and he is due for a monthly check-up this month. You estimate this will cost around $150, but you have not scheduled the appointment yet.
You are relatively healthy and rarely visit the doctor, but you do have asthma that requires monthly inhalers. These are not covered by insurance and cost you $110 per month.
You love treating yourself to a movie. A movie ticket costs $10.
There is a concert that your friends have asked you to attend this month. Tickets are $250.
You opened a savings account several months ago and set a goal to deposit $200 into it each month.
Your Mom’s birthday is this month and you want to send her flowers. It will cost $75 to send her a beautiful bouquet.
The service light recently came on in your car. You have been avoiding taking it to the shop because you anticipate that it will cost anywhere from $150-$300. But if your car breaks down, you will not be able to get to work.

Answers

Answer 1

3750 take home monthly pay

if you have a salary that is the value for the whole year. Divide by 12 for each month to get the monthly take home gross pay.  

45000/12 = 3750


Related Questions

When we want to measure wage inflation in the labor market, we use the: Consumer Price Index Product Price Index Employment Cost Index Employment Price Index

Answers

Based on economic indices, when we want to measure wage inflation in the labor market, we use the "Consumer Price Index."

The consumer price index, often referred to as CPI, is conducted by the Bureau of Labor Statistics.

CPI is carefully made to measure the price changes encountered by urban consumers.

It is believed that the urban dwellers formed about 93 percent of the United States population.

Consumer Price Index is used to measure the relationship between wage and inflation.

Hence, in this case, it is concluded that the correct answer is "Consumer Price Index."

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When we want to measure wage inflation in the labor market, we use the Employment Cost Index.

The employment cost index reflects the change in labor costs in a given country, that is, the value that each salary has for the employer (adding salaries actually paid to the worker, plus labor costs, contributions, etc.).

This index is an indicator that allows anticipating inflationary values in an economy, as it allows observing the growth in labor costs that will subsequently impact an increase in the products that are marketed.

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Shout Magazine focuses its marketing efforts on reaching teen-aged girls interested in fashion and celebrity culture. The firm believes that they are positioned to profitably serve this group of consumers. Shout utilizes the strategy of

Answers

Considering the situation described above, Shout utilizes the strategy of Concentrated Marketing.

Concentrated Marketing is a type of Marketing strategy whereby firms or companies direct all endeavors and resources to develop and market a product for a particular target group segment.

Thus, when Shout Magazine focuses its marketing efforts on reaching teenaged girls interested in fashion and celebrity culture, this is a form of Concentrated Marketing.

Concentrated Marketing is often referred to as Niche Marketing, and it is considered more effective in small businesses.

Hence, in this case, it is concluded that the correct answer is "Concentrated Marketing."

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Management estimates that 1% of the $100,000 of credit sales will be uncollectible. The Allowance for Doubtful Accounts has a $100 unadjusted debit balance. The adjusting entry to record estimated bad debts includes a ______. (Select all that apply.)

Answers

Based on the information given the appropriate adjusting entry to record estimated bad debts includes a:

Debit to bad debt expense of $1,000

Credit to allowance for doubtful accounts of $1,000

Adjusting journal entries

Debit Bad debt expense $1,000

Credit Allowance for doubtful accounts $1,000

(1%×$100,000)

(To record estimated bad debts)

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Answer:

credit to Allowance for Doubtful Accounts of $1,000

debit to Bad Dept Expense of $1,000

Did you realize before this unit that a speaker had an ethical obligation to their audience when creating and giving a presentation? What do you think is the most challenging aspect about being an ethical speaker?​

Answers

Answer:

confidence and not moving out of point

Explanation:

a speaker must be confident and focus on the point while given out a speech so that the speech great and the massaged will be pass

This unit that a speaker had an ethical obligation to their audience's confidence and not move out of point. The challenges are there.

What are the challenges?

The term challenges refer to the hurdle which has been faced by the person in it, there are life or career as well these can be the challenges as we see the famous personality has more challenges in their life as compared to the others in it as we see the challenges the early period was more than this period.

Speakers had an ethical obligation to their audience when creating and giving a demonstration, Challenges This unit that a speaker had ethical social control over their audience's self-assurance and did not move out of point. The challenges are there. Making and giving a presentation.

Therefore, a speaker had an ethical obligation to their audience's confidence, and not moving out of point challenges are being there.

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Why is account management important in the vegetable farming ? give reason . ​

Answers

Answer:

Money

Explanation:

The expected result of farming would be to make money, account management would help the most in making money. With account management, you can see how well your farm is producing money which in turn can tell you if you are growing quality crops or a crop that your clients want the most.

Answer:

It is important to appreciate the fact that modern business management principles can assist the farmer or farm manager, no matter how small his farm may be and however meager his capital. This is because of the two major tasks facing today’s farm managers.

Explanation:

Importance of agriculture in the Food supply Agriculture is the world’s leading source of food items. All the food substances that are essential viz. Agriculture produces vegetables, proteins, and oils. The carbohydrates provide all living beings with energy.

If I have dual citizenship should I say yes on my college applications?

Answers

Answer:

i don't think so 1 citizenship is all it takes

________ teams have been found to have a positive effect on productivity and attitudes of control, yet no impact on job satisfaction or organizational commitment.

Answers

According to the management system, self-managed teams have been found to have a positive effect on productivity and attitudes of control, yet no impact on job satisfaction or organizational commitment.

This is because self-managed teams are responsible for taking part in the planning and scheduling of the workflow process.

They are also involved in the technical part or tasks of the job, thereby making the work cumbersome with a high probability of low job satisfaction.

Because self-managed teams are involved in planning and workflow processes, they positively affect productivity and control attitudes.

Hence, in this case, it is concluded that the correct answer is "Self-managed teams."

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You've just landed a new job as the chief marketing officer for John Deere, manufacturer of agricultural, construction, and gardening equipment. You want to make sure you're using the best distribution channel strategy for reaching both B2B and B2C sales. In evaluating your company's needs, what do you decide is the best approach

Answers

You are more likely to sell larger quantities of products to a B2B client

Reductions off the list price offered to resellers in the marketing channel on the basis of where they are in the channel and the marketing activities they are expected to perform in the future are called ______ discounts.

Answers

Answer: Trade

Explanation:

A form of sales promotion that offers prizes based on a chance drawing of entrants’ names is referred to as a

Answers

The term that describes form of sales promotion where prize is been offered based on a chance whereby  entrants’ names are drawn is sweepstakes.

Sweepstakes can be regarded as a race or contest whereby there is allocation of the entire prize to the winner specifically.

In this case the prize is drawn base on entrants’ names.

Therefore, sweepstakes is the correct term.

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Lanie tells her sales manager that she will be devoting more effort to ____ in the coming weeks, as her list of potential customers has dwindled below the level of 30 firms recommended by the selling plan.

Answers

Lanie tells her sales manager that she will be devoting more effort to prospecting in the coming weeks, as her list of potential customers has dwindled below the level of 30 firms recommended by the selling plan.

Prospecting in sales is when a potential customer is being targeted before converting to an opportunity. It is the first step in sales process which entails creating sales opportunities.

Every businesses, firms, organizations usually have what is called selling plan, which is a tool in helping business succeed in sales. It helps to benchmark where an organization is and where they wish to be and then make adjustments to achieve their goals.

The selling plan is what will guide Lanie so that she would be able to achieve her sales prospect and then possibly convert them to opportunities inorder to meet her target.

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Labeling is important for four specific reasons, including identification, promotional and legal reasons. What is the fourth reason

Answers

Answer:

informational

Explanation:

i know were not suppost to do this but cheeck out quizlit

Labeling is important for four specific reasons that are identification, promotional, legal, and informational reasons.

What is the importance of labeling?

The identification of different batches of products becomes easy through labeling that grabs customers' attention.The promotional activities through labeling are done by providing a description and usability of the product. The legal issues could be eliminated by adhering to proper labeling laws.This gives vital ingredients, manufacturing dates, and other vital information to customers.

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Question: Choose the products that are regulated by federal tobacco sales law:
C
O Chewing tobacco
Cigars (including regular, little, and flavored cigars)
O Rolling papers containing tobacco as an ingredient
O E-cigarettes & e-liquid
O All of the above are regulated

Answers

All of the above are regulated :)

Countries in which people live on less than $1,000 a year are generally concentrated in what region of the world

Answers

I think its Antartica

which act governors partnership firm??​

Answers

Answer:

Partnership firms in India are governed and regulated by the Indian Partnership Act, 1932. Partners are the individuals that join together to form a partnership firm. A contract between the partners establishes the partnership firm.

Explanation:

Fred lost his factory job, replaced by welding robots. He has now given up looking for work. Fred is:

Answers

Hes facing structural unemployment

assessing the effectiveness of an advertising campaign while it is running by monitoring key indicators is referred to as

Answers

Tracking refers to use of key indicators to monitor and assess the effectiveness of the advertising campaign while it is running.

The tracking of the advertising campaign is also called ad tracking, post-testing or ad-effectiveness tracking.

The advert tracking forms part of in-market research.

The advert tracking refers to monitors the brand's performance, advertising awareness and attitudes about the brand versus their competition.

In conclusion, the key indicators is referred to as advert tracking.

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consider the pharmaceutical company mylan that produces epinephrine injection devices called epipens. in the presence of other firms producing substitutes for this good, the price of epipens is $150.

Answers

From the information given, when the price is $150, it should be noted that the firm will earn a negative economic profit.

From the information, it was stated that in the presence of other firms producing substitutes for the good, the price of epipens is $150.

It should be noted that profit will be maximized when the marginal revenue and the marginal cost intersects. Therefore, when the price is $150, the average total cost will lie above the demand curve. Therefore, the firm earns a negative economic profit.

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I sent a survey to severalpersonnel departments to determine how many companies use online job resources

Answers

How did it go?????????

Exporting is an entry strategy that requires the ______ financial risk and allows a(n) ______ return to the firm.

Answers

Answer:Least; Limited

Explanation:

In a statement of cash flows, the sum of cash inflows and outflows is equal to:

Answers

When in the statement of cashflows, the cash inflows and the outflows are added, the result is the change in the cash balance.

The statement of cashflows shows the movement of cash in a company and how much cash the company is left with at the end of the period.

The statement includes:

Cash outflows which are deductions Cash inflows which bring in money

Cash outflows are denoted in negatives and when added to cash inflows, show the change in the cash that the company has / its balance.

In conclusion, adding the cash inflows and outflows shows the change in cash.

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Question 4 of 10
Which of the following is not a characteristic of both experiments and
surveys?
A. The researcher exercises direct control over at least one variable.
B. The data collected might be studied for patterns.
C. Subjects should be randomly selected.
D. Data are collected about a population.
SUBMIT

Answers

Answer:

C, Subjects should be randomly selected.

If you want a good result, you shouldn't throw random subjects in your survey.

I hope this helped at all.

The answer is c hope that helps you

The ________ ratio indicates whether a firm will be able to meet interest obligations due on outstanding debt

Answers

Answer:

The , Television, ratio indicates whether a firm will be able to meet interest obligations due on outstanding debt.

If an insurance company underwriters discovers that an applicant for a homeowners policy has been convicted of submitting a fraudulent claim to an insurer in the past, he may reject the application as a a. Morale hazard b. Certainty of loss hazard c. Moral hazard d. Legal hazard

Answers

Answer:

b

Explanation:

A document that explains why a business goal is beneficial and details how resources and funds will be allocated to meet the goal is known as a business: ______

Answers

A business plan is the document that outlines why a business goal is beneficial as well as details of how resources/funds will be allocated to meet the goal.

A business plan is like a map for a business.

Usually, a business plan formally outlines the goals of the company and shows the tasks and financial measures that must be performed and adopted to reach accomplish those big goals.

In other word, the business plan is a tool of organization, direction and communication and serves as basis to develop a financial plan.

In conclusion, the correct answer is  a business plan.

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If a company develops an advertising campaign exclusively for a segment of consumers with a certain income and education, which segmentation variable is the company using?

Answers

answer:

Demographic

(Just got this question)

Because the amount paid is linked to certain predefined behaviors or outcomes, ______ is specifically designed to energize, direct, or maintain employees' behavior.

Answers

Answer:

Umomgey

Explanation:

Based on the amound paid by the FKSA, you will be able to govern an employees relations and beahviors.

Incentive pay  is specifically designed to energize, direct, or maintain employees' behavior.

What is Incentive pay  ?

Performance-based compensation known as incentive pay pays an employee for achieving predetermined goals or objectives. This payment may be made in the form of cash, stocks, extra paid time off, gifts, etc.

Instead of paying for the amount of hours worked, incentive pay is a monetary reward for achievement. The theory is that the possibility of cash reward will encourage the employee to meet specific performance goals or financial targets.

The basic goal of incentives is to tightly link employee rewards to their accomplishments. By offering greater remuneration for superior performance, this tie is achieved. Individuals will typically work harder because their performance depends on producing more and getting more rewards.

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Opportunity, profit, independence, and challenge are some reasons people are willing to take the risks of being a(n)

Answers

Answer: entrepreneur

Explanation:

PLEASE HELP ME ON THIS QUESTION!!!! I WILL GIVE 5 STARS, A THANKS, AND BRAINLIEST!!!!
What is the best way to avoid gossip in the workplace?

Keep communication professional

Avoid joining cliques

Avoid joining teams

Only use positive verbal communication

Answers

Answer:

A the others seem incorrect

Answer:

the best way is to be nice and only use positive verbal communication so everyone likes eachother

When forming a business strategy, the firm needs to compare the cost advantages and drivers of uniqueness across its different activities and compare with that of other firms. True False

Answers

True I think don’t make and answer off me think harder about it
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