answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ser-zykov [4K]
2 years ago
11

At what debt to income ratio might a Marine be considered overextended

Business
1 answer:
natta225 [31]2 years ago
6 0

Answer:

21% to 30%

Explanation:

The debt to income ratio indicates the percentage of the earnings that are being used to pay the debts every month. The guidelines for Marines state that when the ratio is less than 15% they have to be careful when taking a loan and when it is from 16% to 20% they should avoid taking more debt. Also, from 21% to 30%, they are overextended and shouldn't take more debt and more than 30% indicates that they have to get help to decrease the debt.

According to this, a Marine might be considered overextended when the debt to income ratio is between 21% to 30%.

You might be interested in
Effective teams (1) function so well they create their own magnetism, (2) are interested in others' success as well as their own
MariettaO [177]

Answer:Only statements 1 and 2 are correct

Explanation: An effective team involves people who interact with each other to accomplish certain goals or meet certain needs. Team members work intensely with each other to achieve a specific, common goal or objective. This therefore attracts other people to them, that is magnetism. In as much as they look out to achieve their goals, they are also interested in others' success.

7 0
2 years ago
Read 2 more answers
your friend has $5,000 and asked for your recommendation about placing her money in a financial institution. Based on what you l
s2008m [1.1K]

Explanation:

If my friend wants to invest her $5000 and asks recommendations from me, then the main question i ask from her would be how much risk she is ready to take. There are different investment opportunities depending upon the level of risk a person is willing to take. If my friend would like to go safe and doesn't need any risk in her investment, then i would recommend her to buy Treasury Bills for long term investment. There would be no risk involved. Secondly i may ask her to put her money in the saving account to enjoy interest money while keeping the principal amount safe. Thirdly i may ask her to invest in real estate for long term. Again the risk would be minimal. But if she wants to take risks, i would ask her to invest in the short term stocks and keep an eye on the movement of the stocks to get profit. Secondly i may ask her to invest in the foreign exchange market, in currencies or in commodities to get benefits on the rule of high risk high return.

So these are some recommendations for her on the basis of the risk she wants to take.  

4 0
2 years ago
Select the correct text in the passage. Danny is starting out a new job at an IT firm. Which of the following practices are unet
expeople1 [14]

Answer:

Alex is not at his seat and Danny urgently requires some documents, so he logs in to Alex's computer and mails the file to himself.

Explanation:

Logging in to another employee's system without his/her consent nor informing the boss of the firm is an unethical business practice.

Alex might have some vital and private information or data on his system in which he alone must access it.

8 0
2 years ago
Read 2 more answers
Killian has designed a new board game for kids. His company is now figuring out who the target market is going to be and where t
VashaNatasha [74]

The correct answer is product development.

In the product development stage the company will work on things like the positioning and marketing of the new board game. Their goal is to create a need for the game and make people want to buy it.

7 0
2 years ago
A company is formulating its plans for the coming year, including the preparation of its cash budget. Historically, the company'
Alchen [17]

Answer:

c. $4,025,200

Explanation:

The computation of the total cash receipts from sales and collections in April month is shown below:

= April sales × cash sales percentage + April sales × credit sales percentage × collection month percentage + March sales  credit sales percentage × Following month collection percentage

= $4,000,000 ×30% + $4,000,000 × 70% × 40% + $4,200,000 × 70% × 58%

= $1,200,000 + $1,120,000 + $1,705,200

= $4,025,200

Since cash sales are 30% , so the credit sales would be 70%

3 0
2 years ago
Other questions:
  • When the price of a slice of pizza is $1.75, quantity demanded is 400. when the price per slice falls to $1.50, quantity demande
    9·1 answer
  • ____ analysis involves studying various market parameters in order to predict future price movements of stock.
    8·2 answers
  • Customers have a defined ________ when it comes to waiting in line at a retail checkout counter. The amount of time consumers ar
    9·2 answers
  • On December 31, 2017, Dow Steel Corporation had 770,000 shares of common stock and 47,000 shares of 9%, noncumulative, nonconver
    5·1 answer
  • Improving interpersonal effectiveness and building relationships often require a reduction in the size of the ____ in your Johar
    7·2 answers
  • Spring Airlines is a small budget airline that is based in China. Due to the unfamiliarity ofthis mode of transportation in Chin
    7·1 answer
  • Qiang is ready to become a franchise owner and open one of the 50 Southwest Diners, a very successful fast food chain specializi
    13·1 answer
  • "Swiss Clothing Store had a balance in the Accounts Receivable account of $920,000 at the beginning of the year and a balance of
    9·1 answer
  • In most states, a licensee must provide a(n) _______ of any existing agency relationships to all parties _________ to whom they
    7·1 answer
  • Vargas Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.77 direct labor
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!