Assume that your total income for the current year is $35,000. Your total expenses, including taxes of $5,000, are $30,000. Your savings ratio is:
A) 7.5%.
B) 10.0%.
C) 12.5%.
D) 13.3%.
E) 16.7%.

Question

Quizplus · Accepted Answer

The Answer of Assume that your total income for the current year is $35,000. Your total expenses, including taxes of $5,000, are $30,000. Your savings ratio is:
A) 7.5%.
B) 10.0%.
C) 12.5%.
D) 13.3%.
E) 16.7%.

Assume That Your Total Income for the Current Year Is