Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Q. Hugh Least moon has an annual income of $75,000 a year. He pays $25,000 in taxes, also spends another $15,000 on his home, car, food, also other "necessities." Last year, he decided to really enjoy his annual vacation, so he spent $5,000 to go skiing in Austria. Illustrate what was Hugh's discretionary income last year?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9366850

Have any Question?


Related Questions in Business Management

Task descriptionthe objective of this reflective essay is

Task Description The objective of this reflective essay is to summarize what you learned from the unit and how you believe your learnings could be applied by you in your future career goals. Sections: Section one: For we ...

The buyer of a manufacturing plant wants a broker to list

The buyer of a manufacturing plant wants a broker to list each piece of equipment in the contract with a separate valuation so that it can be depreciated for income tax purposes. If the licensee does as instructed, A) it ...

In a perfectly competitive model firms are price takers

In a perfectly competitive model firms are price takers, total revenue for the perfectly competitive firm is equal to pq. Derive marginal revenue and average revenue.

Michael porter says that the essence of strategy is

Michael Porter says that" the essence of strategy is choosing what not to do." Using a company of your choice, illustrate Porter's statement.

In light of the winners curse must winning bidders in

In light of the winner's curse, must winning bidders in auctions necessarily "lose" in the sense of paying more than the acquired firm (or product) is worth? What steps can bidders take to prosper in auctions and/or corp ...

If you ask some managers about conducting job analyses you

If you ask some managers about conducting job analyses, you may get a very negative response. Why do you think some organizations choose to not perform job analyses given their benefits?

Mcnealy entered into a contract with wagner to pay 250000

McNealy entered into a contract with Wagner to pay $250,000 as a lump sum for all timber present in a given area that Wagner would remove for McNealy. The contract estimated that the volume in the area would be 790,000 b ...

1 what are the trends of the next decade - list 4 of the 8

1) What are the trends of the Next Decade - List 4 of the 8 trends?

What is a good analogy of subnetting whats a break down of

What is a good analogy of Subnetting? What's a break down of how it is used within a company?

Although mountaintop electronics still sells its dvd

Although Mountaintop Electronics still sells its DVD players, a product in its decline stage, the investments made by the company on improving or marketing the product are very low. The company has allocated the least am ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As