Question: the saving ratio and rounding the answer to the 0 decimal place WP Case Homework - Ch 3 x Mail - Crystal Liang - Outlook

the saving ratio and rounding the answer to the 0 decimal place

the saving ratio and rounding the answer to the 0the saving ratio and rounding the answer to the 0
WP Case Homework - Ch 3 x Mail - Crystal Liang - Outlook X C learn.wileyplus.com/courses/33536/assignments/3416876 A Q GVRAGE C : Grades Question 1 6/10 WP Wiley Finance Weekly Updates View Policies Show Attempt History Discussions Current Attempt in Progress Account Conferences Collaborations Joseph's Personal Monthly Budget Budget Budget Dashboard WileyPLUS Support Income $3,850 Interest 90 Courses TOTAL INCOME 3,940 Taxes 769 Calenda Rent 360 Eh Vehicle 200 Inbox Insurance (? Food and 296 Get HELP - Eating out SOS Car Payment 400 Student Loans 303 Sports and 245 Hobbies Phone and Household 100 Retirement 193 Vacations 290 Credit Cards 280 TOTAL EXPENSES $3,936 SURPLUS (OR DEFICIT) K Joseph's Balance Sheet Assets O Type here to search w 11:09 AM 2/15/2020Unlike Pluto - Sanity (Lyrics) - Sign out * Shepherd CLE : Gateway : Start H X A https://education.wiley.com/play x @ round to the nearest 0 decimal y X WP Case Homework - Ch 3 X *Homework Help - Q&A from Onl X X C A learn.wileyplus.com/courses/33536/assignments/3416876 NO GIVRAGEJ C : WP Use Joseph's budget and balance sheet information to answer the following questions. Your answer is correct. Account What is Joseph's budgeted income surplus? (Round answer to O decimal place, e.g. 5275.) Dashboard Joseph's budgeted income surplus is $ Courses 4 eTextbook and Media Assistance Used Calenda Eh Inbox (? Your answer is partially correct. Get HELP - SOS What is his budgeted savings ratio? How does this compare with the recommended benchmark? (Round answer to O decimal place, e.g. 5275.) Budgeted savings ratio is % and is below than/to the recommended benchmark. eTextbook and Media Your answer is correct. What is Joseph's total debt-to-income ratio? How is he doing compared to the recommended benchmark? (Round answer to O decimal place, e.g. 5275.) Joseph's total debt-to-income ratio is 46 % and is higher |than/to the recommended benchmark. e Textbook and Media K O Type here to search 9 w 12:50 PM 2/15/2020

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!