Question

19. Your fixed expenses are $1,096.32/month. What is your minimum realized income per month if your expenses are 36% of the realized income?*

Answer 1

@tylermcmullen23 @jackmullen55 @hick4life @_fluffeh_

Answer 2

Set up a proportion. Then cross multiply to solve for the realized income.

Answer 3

sorry i need all the help i can get

Answer 4

It's ok

Answer 5

I think that it is I = 1096.32 × 0.03 × 0.08 = $ 2.63

Answer 6

i think so to

Answer 7

idk if its correct to do this. i need @jackmullen55 's opinion if he thinks so too. well since that the expenses per month=1096.32, you divide by .36 since that number is only 36 of total income.. idk about this kind of stuff. but if you were to do what i did, per month it would be 3045.33

Answer 8

ok.