Finance

Eric Jones develops computer software for a major company. Eric's salary and bonuses total $82,000, but he pays $29,233 in income and social security taxes. If Eric's annual debt repayments are $33,620, what is his debt service-to-income ratio?

  1. 👍 0
  2. 👎 0
  3. 👁 611
  1. 36%

    1. 👍 1
    2. 👎 0

Respond to this Question

First Name

Your Response

Similar Questions

  1. MATH

    Jones Company had 100 units in beginning inventory at a total cost of $10,000.The company purchased 200 units at a total cost of $26,000. At the end of the year, Jones had 80 units in ending inventory. Compute the cost of the

  2. Math help

    Eric and Mark went to a ball game and visited the concession stand. They each got a hot dog, and mark got a large soda and a bag of peanuts. Eric had a coupon for 3$ off the cost. Mark Paid for the rest, which came to 11.50.

  3. math

    A new computer software company earns a profit of $245 000 in its first year. The company expects the profit to increase by 15% each year for each subsequent year. (a) What profit can the company expect to earn in its seventh

  4. statistics

    the mean annual salary for employees at a company is 36,000. at the end of the year, each employee receives a 1,000 bonus and a 5% raise( based on salary)what is the new annula sala

  1. Math

    An Ice cream shop offers the following toppings: chocolate chips strawberry sprinkles caramel hot fudge whipped cream gummy bears If a sundae must have exactly four topping how many different sundaes can you make? 15 24 This one

  2. 2 STEP MATH EQUATIONS

    eric has a dog walking business. He charges $13per dog he walks and $6 for the water he buys for the dogs. If he made $97 on Monday, write an equation to find the number of dogs he walked on Monday. I got an answer of 7 dogs on

  3. Algebra 1

    the sum of eric's and bob's weights is 9 times greater than the difference of their weights. the positive difference of their weights is also 240 lbs less than the sum. if eric weighs less than bob, find bob's weight. i can't find

  4. PreCalculas help

    Suppose you sign a contract for an annual salary of $50,000 with a guaranteed raise of 5% each year. 1.Write your salary for the next n years as a geometric sequence in explicit form. 2.What will your salary be in year 5? 3.How

  1. Algebra 1

    Eric and Mark were at a ball game and visited the concession stand. They each got a hamburger, and Mark got lemonade and some cotton candy. Eric had a coupon for $2 off the cost. Mark paid the rest, which came to $14.50. Cotton

  2. algebra

    Eric has twice as much money as Marcia, who has $175 less than Laurel. But Laurel has as much money as Eric and Marcia have together. How much money does each person have?

  3. Math

    The class with the greatest mean sales in a spring fundraiser will win a prize. The mean for Eric's class is $148. The mean for Natalia's class is $152. Natalia's sales total $150. If Natalia moves to Eric's class, the mean for

  4. COM 135

    Prewriting,writing, ReWriting are 3 main steps in the technical writing process. Read the following scenario: As a customer service manager for a local software development company, you want to create a user manual for one of the

You can view more similar questions or ask a new question.