Answer:
fees paid at the end of a real estate transaction.
If Sarah earns $1975.38 per month, what is the maximum amount she should spend on
wants?
The Sarah should allocate a maximum of $592.61 for her wants based on her monthly income and the recommended budget allocation.
To determine the maximum amount Sarah should spend on wants based on the recommended budget allocation, we'll use the following percentages:
- 50% on needs
- 30% on wants
- 20% on savings and paying off debt
First, we need to calculate the total amount of money Sarah should allocate for her wants.
We'll use the given monthly income of $1,975.38:
Total Wants = 30% of $1,975.38
To calculate 30% of a number, you can multiply it by 0.30 (which represents 30% as a decimal):
Total Wants = 0.30 * $1,975.38
Total Wants = $592.614
Now, let's round this to a practical amount.
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Answer:
The correct answer is option b. Profit after taking the costs of making the goods.
Explanation:
When we talk about gross profit we mean the profit we have left after obtaining the total income from a sale, less what we have spent on materials to sell and / or manufacture that product.
We must also deduct from that amount the general expenses, services, taxes, etc. In other words, it will be the final amount that we have left from the sale of a product, once we have subtracted everything we spend on it to be able to sell it.
Given this information we can say that the correct answer is option B.