It will take approximately 4.041 years for the investment to grow from $22,500 to $25,000 at 1.74% compounded semi-annually.
Given that an investment of $22,500 to grow to at least $25,000 at 1.74% compounded semi-annually.
To calculate the time required to grow $22,500 to $25,000, we need to find out the number of compounding periods required.
We can use the formula, given below, to calculate the time required to reach a certain amount.
P = A/(1 + r/n)^(n*t)
Where, P = future value
A = initial deposit
r = annual interest rate
n = number of times compounded per year
t = time in years
Now, we need to calculate the number of times compounded per year.
The interest is compounded semi-annually, i.e., twice a year. Hence, n = 2.
Substituting the values of A, P, r, and n in the formula, we get:
25,000 = 22,500/(1 + 0.0174/2)^(2*t)
Simplifying the equation, we get:
(1 + 0.0174/2)^(2*t) = 22,500/25,000= 9/10
Taking the natural log of both sides, we get:
2*t ln(1.0087) = ln(0.9)2*t = ln(0.9)/ln(1.0087)t = ln(0.9)/2 ln(1.0087)t ≈ 4.041 years
Therefore, it will take approximately 4.041 years for the investment to grow from $22,500 to $25,000 at 1.74% compounded semi-annually.
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total revenue is best described as variable cost per unit times the number of units sold. the change in revenue when one additional worker is hired. what economists assume firms seek to maximize. price per unit times the number of units sold. suppose that the price of a coffee table is $85/table. jim-bob will sell 100 coffee tables at the flea market this month. it costs jim-bob $50 in materials and supplies to make each coffee table and $150/month to rent space at the flea market. these are all of jim-bob's costs. how much will jim-bob make in total revenue this month? do not round your answer. $ how much profit will jim-bob make at the flea market this month? do not round your answer. $
The correct option is- C. Price per unit times the number of units sold. The formula for calculating total revenue is variable cost per unit multiplied by the quantity of units sold.
Explain about the Total revenue?The product of the quantity of products sold and their market price yields the total revenue. The price elasticity of the good determines how a change in price will affect revenue.
The sum of money a business makes by selling its products and services is known as total revenue. In other words, businesses utilize this statistic to assess how effectively their primary sources of revenue are generating profits.Total revenue is directly correlated with marginal revenue. It gauges the rise or decrease in revenue brought on by the sale of a new good or service.The overall revenue will rise as long as that the marginal income is greater than the cost of generating a new unit. But it makes sense to discontinue manufacturing if the cost is higher than the marginal profit.So,
The formula for calculating total revenue is variable cost per unit multiplied by the quantity of units sold.
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The correct question is-
Total revenue is best described as
A. What economists assume firms seek to maximize
B. The change in revenue when one additional worker is hired
C. Price per unit times the number of units sold
D. Variable cost per unit times the number of units sold
What is the most common type of life insurance policy offered by companies ? A. group life insurance B. term life insurance C. whole life insurance D. universal insurance 38
The most common type of life insurance policy offered by companies is group life insurance. This type of coverage is typically provided as part of an employee benefits package.
Group life insurance is often provided to employees at no cost, or for a nominal fee, and coverage usually persists for the duration of employment. As a collective policy, it's often more affordable for the company compared to individual life insurance policies, making it an attractive part of the benefits package. The convenience of this policy for both employer and employee contributes to its popularity. It's also worth noting that while term, whole, and universal life insurance can all be offered in a group setting, group term life insurance is the most common.
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Fisher Inc. wants to bring radical change to the current skills that exist in the organization, so they are going to employ ________ strategies.
Fisher Inc. wants to bring about a radical change to the current skills that exist in the organization, so they will employ internal growth strategies.
Change managementIt is an approach that should be used when an organization decides to implement significant changes that will impact administrative routines and the work of employees.
The purpose of change management is to prepare and support employees to adapt to changes that will occur in the work environment, generating greater transparency, compliance and reducing resistance.
Therefore, it is essential that when defining internal growth strategies that generate changes, the organization analyzes, monitors and evaluates the changes so that the new processes occur successfully and generate benefits for the company.
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The ledger of Skysong, Inc. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared.
Answer: See Image Below
The adjusting entries for Skysong, Inc. for March is prepared from the given selected accounts before adjusting entries have been prepared.
What are adjusting entries?Adjusting entries are journal entries that are typically made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred. Under accrual-basis accounting, the revenue recognition principle serves as the foundation for making adjusting entries for unearned and accrued revenues.
The adjusting entries are as follows:-
No. Date Account Tiles and Explanation Debit Credit
1. March 31 Depreciation expense 756
Accumulated Depreciation expense 756
2. March 31 Unearned Rent revenue 5580
Rent revenue 5580
3. March 31 Interest Expense 360
Interest payable 360
4. March 31 Supplies Expense 1935
Supplies 1935
5. March 31 Insurance Expense 1080
Prepaid Insurance 1080
Therefore, the adjusting entries are prepared on March 31.
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why is bad debt expense an estimate? multiple choice question. bad debt expense is not an estimate. it is recorded when a customer's accounts receivable is deemed uncollectible. the revenue recognition principle requires sales on account be recorded when the amounts are collected. gaap require the expense to be debited in the same period as the credit sale, which is before knowing who specifically will not pay.
The bad debt expense is an estimate because the expense is recognized in the same period as the credit sale, before it is known which specific accounts receivable will be uncollectible. The correct answer is option b.
The revenue recognition principle requires sales on account be recorded when the amounts are collected. As a result, companies need to estimate the amount of accounts receivable that will not be collected and record the bad debt expense accordingly.
This estimate is based on the company's historical experience, the current economic climate, and other relevant factors. Thus, the correct answer is option b.
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Complete question
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why is bad debt expense an estimate? multiple choice question.
a. bad debt expense is not an estimate.
b. it is recorded when a customer's accounts receivable is deemed uncollectible.
c. the revenue recognition principle requires sales on account be recorded when the amounts are collected.
d. gaap require the expense to be debited in the same period as the credit sale, which is before knowing who specifically will not pay.
I need two answers please by 2pm today.
Are you motivated more by intrinsic rewards (satisfaction, sense of accomplishment, etc.) or by extrinsic rewards (money, bonuses, etc.)?
Intrinsic rewards can be more satisfying to a worker than extrinsic ones, because internal motivation is something natural that does not depend on external stimuli.
How does an employee get motivated?There is a set of characteristics that helps in motivation in the work environment. Intrinsic rewards correspond to job satisfaction. To be achieved, the employee needs to feel valued and fulfilled with their responsibilities at work.
Extrinsic rewards are related to external motivations, such as a good salary and bonuses.
Therefore, motivation is essential in the workplace, as it stimulates employee productivity, satisfaction and integration.
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Employees tend to stay with one company for their entire careers.
Please select the best answer from the choices provided
OTrue
OFalse
Answer:The answer would be true, unless the employee had to leave for personal reasons
Explanation:
You have decided to buy a house. You can get a mortgage rate of 5.55 percent, and you want your payments to be $1,150 or less. How much can you borrow on a 20-year fixed-rate mortgage?
If you want to keep your monthly mortgage payments at or below $1,150 with a 20-year fixed-rate mortgage at a 5.55 percent interest rate, you can borrow up to $204,808
To calculate the maximum amount that can be borrowed on a 20-year fixed-rate mortgage, we need to use a mortgage calculator. The calculator will help to determine the loan amount that would result in a monthly payment of $1,150 or less at a 5.55 percent interest rate for a 20-year period.
Using an online mortgage calculator, we can enter the following information:
Loan term: 20 years
Interest rate: 5.55%
Monthly payment: $1,150
The calculator will then calculate the maximum loan amount that can be borrowed, which is $204,808.
Therefore, if you want to keep your monthly mortgage payments at or below $1,150 with a 20-year fixed-rate mortgage at a 5.55 percent interest rate, you can borrow up to $204,808. It is important to keep in mind that this amount is an estimate and that the actual loan amount may vary depending on other factors such as credit history, income, and debt-to-income ratio.
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"What a given group of people appreciates" are their ___________. A. Cultural contexts b. Culture shock c. Cultural education d. Cultural values Please select the best answer from the choices provided A B C D
Answer:
d. Cultural values
Explanation:
Cultural values are the values and norms that are followed by a distinct society or a group of people. In other terms, values and norms developed within the society to form its basis are said to be the cultural values. The people believe, follow, and appreciate the values. They help in defining the ways of living and leading the life. The behavior, nature, and thinking of the society is influenced or structured as per the cultural values.
Answer:
D
Explanation:
I just took the assignment
Esquire Comic Book Company had income before tax of $1,500,000 in 2024 before considering the following material items: 1. Esquire sold one of its operating divisions, which qualified as a separate component according to generally accepted accounting principles. The before-tax loss on disposal was $390,000. The division generated before-tax income from operations from the beginning of the year through disposal of $600,000. 2. The company incurred restructuring costs of $55,000 during the year. Required: Prepare the income statement for Esquire beginning with income from continuing operations. Assume an income tax rate of 25%. Ignore EPS disclosures. Note: Amounts to be deducted should be indicated with a minus sign.
The income statement begins with income from continuing operations, which excludes the loss on disposal of the operating division and restructuring costs.
Income Statement for Esquire Comic Book Company
Year Ended December 31, 2024
Income from Continuing Operations:
Income before tax $1,500,000
Loss on disposal of operating division (-$390,000)
Restructuring costs (-$55,000)
Income from operations of operating division $600,000
Subtotal $1,655,000
Income Tax Expense (25% of Income from Continuing Operations):
Income Tax Expense (-$413,750)
Net Income $1,241,250
Note: The income statement begins with income from continuing operations, which excludes the loss on disposal of the operating division and restructuring costs. The income tax expense is calculated at a rate of 25% and deducted from the income from continuing operations to arrive at the net income of $1,241,250.
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All of the following allow for a monopoly to exist EXCEPT ______________.
a. geography
b. competition
c. a patent
d. government mandate
Economics
Answer:
d. government mandate economics
Explanation:
during the industrial era the government stepped in to stop wealthy monopoly companies from corruption of the government
The correct option is (d) Government mandate economics.
What does government mandate economics mean?The group of people responsible for governing the country is called the government. If some government has a mandate for carrying out any policy or task, then they somewhat get the authority to win the election or vote. Hence (d) is correct out of all options.
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The Federal Deposit Insurance Corporation: Question 7 options: a) has eliminated bank failures. b) insures all demand deposits without limit. c) insures all demand deposits up to $100,000. d) includes commercial banks and state-chartered banks as its members.
Answer:
D
Explanation:
The federal deposit Insurance Corporation is an independent federal agencies that insures deposit in banks against any bank failures. It includes commercial banks and state chartered banks as its members.
In order to ensure that bank failures are prevented , the FDIC monitors the operational safety and effectiveness of members bank . This insurance is limited to $250,000 per depositor per bank and it covers only the depository account like the checks and savings account.
In what three ways does the government affect production of goods and services in the US economy?
To increase ___ awareness you should ask yourself "what do you need...
To increase ___ awareness you should ask yourself "what do you need to know or understand better ?
A) contextual
B)Religious
C) linguistic
D) temporal
To increase awareness, you should ask yourself, "What do you need to know or understand better?" The specific type of awareness would depend on the missing keyword in the question.
For example, if the missing keyword is contextual awareness, you would need to reflect on what additional information or context you require to have a better understanding of a situation or topic. This could involve considering the background, circumstances, or factors influencing the subject.
The same approach applies to other types of awareness:
- Religious awareness: Reflect on what aspects of religion or belief systems you need to deepen your understanding of, such as doctrines, practices, or cultural significance.
- Linguistic awareness: Assess what knowledge or skills related to languages you need to enhance, such as vocabulary, grammar, or communication strategies.
- Temporal awareness: Consider what you need to learn or grasp better regarding time-related aspects, including historical events, timelines, or the impact of time on certain phenomena.
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2. assume anderson vanderbilt owns an artists' loft. his adjusted basis is $1,000,000. he exchanges this building in a 1031 exchange and his replacement property costs him $2,400,000. what is anderson's basis in the replacement property?
A real estate investment property can be exchanged for another through a 1031 exchange, which allows capital gains taxes to be deferred.
Real estate agents, title companies, investors, and others use the term, which is named after Section 1031 of the Internal Revenue Code (IRC). Some individuals even insist that it be used as a verb, as in "Let's 1031 that building for another."
Real estate investors must comprehend the many moving parts of IRC Section 1031 before using it. An exchange can only be done with properties that are similar to one another, and the Internal Revenue Service (IRS) prohibits using it with vacation properties. Additionally, there are time frames and tax implications that could be problematic.
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Taeyun is retired and his sole source of income is his bond portfolio. Although he has sufficient principal to live on, he only wants to spend the interest income and thus is concerned about the purchasing power of that income. Which one of the following bonds should best ease his concerns? Multiple Choice a. 20-year coupon bonds b. 5-year TIPS c. 5-year municipal bonds d. 6-year coupon bonds e. 7-year income bonds
5-year TIPS bonds should best ease his concerns. The answer is OPTION B .
A collection of investments that are primarily made up of bonds is called a bond portfolio. Bond portfolios, which generate income in the form of coupons, are sometimes referred to as fixed income portfolios. According to the rule of 110, you should invest as much of your money in stocks as your age is times 110.
According to the 110-30 rule, if you are 30 years old, you should have 80% (110-30) of your money invested in stocks and 20% in bonds. The U.S. Treasury bill, sometimes known as a T-bill, is the safest kind of bond. These are ultrashort fixed-income instruments with maturities of one year or less that were issued by the US government.
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If manufacturing overhead has been underallocated during the period, and most of the jobs produced have been sold, then:_________
If manufacturing overhead has been underallocated during the period, and most of the jobs created have been sold, then "the cost of goods sold reported on the income statement will be lower than the actual cost".
This is because the underallocated overhead will not have been fully absorbed into the cost of the products, leading to an understated cost of goods sold and an overstated gross profit. As a result, the company's financial performance will appear better than it actually is. This could have negative consequences for the company, such as reducing its ability to secure financing or make investment decisions based on inaccurate financial information.
To correct the situation, the company would need to allocate the underallocated overhead to the appropriate products, which would result in a restatement of the cost of goods sold and a corresponding adjustment to the gross profit.
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Best Reinsurers assumes, under a treaty, all homeowners and personal auto business underwritten by Aurora Insurance Company. On occasion, Aurora will underwrite some homeowners policies with very high value homes. Aurora underwriters have been directed through their underwriting guidelines not to cede high value homes (as in the directive) to the treaty. Although the treaty does not expressly exclude this business, the directive was developed to protect the treaty from unusually high losses. If an application is submitted for a home that falls within the directive and Aurora does not wish to retain the entire risk, what is the best method of handling this submission
Answer: C. Purchase facultative reinsurance and write the policy
Explanation:
The options are:.
A. Purchase another treaty and write the policy
B. Decline the business for reinsurance reasons
C. Purchase facultative reinsurance and write the policy
D. Cede the policy to the existing treaty if the risk is acceptable
Based on the information given, we should note that in a case whereby an application is submitted for a home which falls within the directive and Aurora does not wish to retain the entire risk, the best method of handling this submission will be to buy a facultative reinsurance and then write the policy.
A facultative reinsurance is the coverage that is bought by a primary insurer in order to cover a particular risk. Hence, it'll be used to cover the single risk in this case.
You purchase an interest rate futures contract that has an initial margin requirement of 12% and a futures price of $153,022. The contract has a $125,000 underlying par value bond. If the futures price falls to $145,500, you will experience a ______ loss on your money invested.
You purchase an interest rate futures contract that has an initial margin requirement of 12% and a futures price of $153,022. The contract has a $125,000 underlying par value bond. If the futures price falls to $145,500, you will experience a 40.96% loss on your money invested.
To calculate the loss on your money invested, we need to determine the change in the value of the futures contract.
The initial margin requirement is 12%, which means you have invested 12% of the contract's value as the initial margin. Therefore, your initial investment is:
Initial Investment = 12% of Futures Price
= 0.12 * $153,022
= $18,362.64
The change in the value of the futures contract is the difference between the initial futures price and the new futures price:
Change in Value = Initial Futures Price - New Futures Price
= $153,022 - $145,500
= $7,522
Now, we can calculate the loss on your invested money as a percentage:
Loss Percentage = (Change in Value / Initial Investment) * 100
= ($7,522 / $18,362.64) * 100
= 40.96%
Therefore, if the futures price falls to $145,500, you will experience a loss of approximately 40.96% on your money invested.
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Which headquarters processes are considered to be the overarching staff integrating processes used to support decision-making
The headquarters processes that are considered to be the overarching staff integrating processes used to support decision-making include strategic planning, resource allocation, and performance management.
Strategic planning involves identifying goals and objectives, assessing internal and external factors, and developing strategies to achieve those goals. Resource allocation involves identifying and prioritizing resource needs, and allocating resources based on those priorities. Performance management involves monitoring and evaluating performance against established goals and objectives, and making adjustments as necessary to improve performance. These processes are critical for ensuring that decision-making is aligned with organizational goals and objectives, and that resources are used effectively and efficiently to achieve those goals. In summary, the main answer to your question is that strategic planning, resource allocation, and performance management are the headquarters processes that are considered to be the overarching staff integrating processes used to support decision-making.
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2. Describe what a supply curve looks like.
A supply curve is a graphical representation of the relationship between the quantity of a good or service that producers are willing to sell and the price of that good or service. The curve is typically upward-sloping, meaning that as the price of the good or service increases, the quantity supplied by producers also increases.
How does the supply curve shift?Supply curve shift: Modifications in manufacturing costs and related variables might result in a whole supply curve moving to the right or left. This results in the supply of a higher or lower quantity at a specific price. The ceteris paribus premise states that supply curves link prices and quantities delivered under the premise that nothing else changes.
The curve is typically drawn on a graph with price on the vertical axis and quantity on the horizontal axis. The specific shape of the curve can vary depending on the characteristics of the market and the nature of the good or service being sold. In some cases, the curve may be relatively flat or steep, indicating a more or less elastic supply, respectively.
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psychological pricing utilizes high prices to create the image of a high-quality product.
T/F
The psychological pricing utilizes high prices to create the image of a high-quality product is false.
Psychological pricing is a pricing strategy that involves setting prices at certain levels to influence consumer perception and behavior. It often involves using odd numbers or specific price points to create the perception of a lower price or a good deal. For example, pricing a product at $9.99 instead of $10.00 is a common example of psychological pricing.
Psychological pricing does not necessarily involve setting high prices to create the image of a high-quality product. It focuses more on creating the perception of a good value or a lower price. The association between high prices and high quality is more related to other pricing strategies, such as prestige pricing or premium pricing, where higher prices are intentionally set to convey exclusivity and luxury.
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Tina sells cookie what is Tina’s ROI 
Tina's ROE, based on the production cost and the selling price can be found to be 57 %.
How to find the ROE ?ROI is a financial metric that measures the profitability of an investment relative to its cost. It is typically calculated as a percentage, using the following formula:
ROI = (Gains from Investment - Cost of Investment) / Cost of Investment
In this case, the gains from investment would be the total revenue from selling cookies, and the cost of investment would be the expenses associated with producing and selling the cookies.
For Tina, the ROE would therefore be:
= ( ( 12 - 7. 65) ) / 7. 65
= 57 %
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The full question is:
Tina sells cookies. What is Tina's ROI? a. Production cost: $7.65/box of cookies b. Selling price: $12/boxes of cookies
suppose the government increases the size of a tax by 20 percent. the deadweight loss from that tax:______.
Suppose the government increases the size of a tax by 20 percent. the deadweight loss from that tax: Increases by more than 20 percent.
What Is a Deadweight Loss Of Taxation?The term deadweight loss of taxation refers to the measurement of loss caused by the imposition of a new tax. This results from a new tax that is more than what is normally paid to the government's taxing authority. This theory suggests that imposing a new tax or raising an old one can backfire, resulting in insufficient or no gains in government revenues due to the decline in demand for the goods or services being taxed. A deadweight loss, therefore, disrupts the balance between supply and demand. English economist Alfred Marshall is widely credited as the originator of deadweight loss analysis.
The method for calculating deadweight loss is: deadweight loss = (new fee - old price) x (original extent - new quantity) / 2 By the use of this equation, you can see just how a long way the new rate of the product has modified from its original. The larger the difference, the larger the deadweight loss.
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many companies state their brand promise directly in words, using a short phrase called what
Answer:Many companies state their brand promise directly in words, using a short phrase called what? A. A warranty B. A customer mindset C. A corporate image D. A tagline
✓ D.
Which of the following is an example of a fixed asset?
A. Money in the bank
B. Accounts payable
C. Gross profit
D. Real estate
Answer:
D. Real estate
Explanation:
Fixed assets are physical resources belonging to a business. There are tangible and valuable items that a business owns. A firm uses fixed assets to generate income in the current and future periods.
Fixed assets have a useful life exceeding the current financial year. They are not meant for sale in the short run but to help a business generate income for many years to come. From the list provided, real estate is a fixed asset. Other examples of fixed assets include motor vehicles, machinery, and equipment.
Career Cluster
If your dream is to be an elementary school teacher, the
might be best for you.
A. Education and Training
B. Human Services
C. Health Sciences
D. Training and Instruction
Answer: A
Explanation
importantance of business
Answer:
Business is the source of employment. It creates employment opportunities for a large number of people in any country. Various types of employees are required both in management and technical jobs of business. The development of industry and commerce is helping to solve the employment problems of the nation.
Business improves the quality of life in two ways. Firstly, it provides high-quality goods and service to the people required for their enjoyment, comfort, and health. Secondly, a business offers employment opportunities to the people by which they can generate income and improve the quality of life.
Businesses help the society first through the distribution of goods and services which are essential for survival. Furthermore, they create employment opportunities that help individuals within the society earn an income to afford their needs.
Explanation:
What is a real account?
Answer:
A real account is a publicly generalized account that does not close at the end of the considered year. Apparently, the balances in real accounts are carried over to become the start of balances of the next period. Real accounts are also permanent accounts.
Answer:
Explanation:
A real account is a acccount that’s valid until one year
Using the 28/36 ratio, determine the maximum allowable recurring debt for someone with a monthly income of $4,850. A. $388 b. $776 c. $970 d. $1,358 Please select the best answer from the choices provided A B C D.
Recurring debt is the form of a due payment that occurs continuously as the amount of the money cannot be cancelled at the debtor's request it consists of the loan payment, alimony and child support.
$388 is the maximum allowable recurring debt.
What is the 28:36 ratio and how it is calculated?The ratio states that a family should expend the utmost of 28% of its monthly earnings on entire housing expenditures but not additionally than 36% on complete debt service.
Given,
Monthly income = $4,850
Maximum expense on housing expense = 28% of 4850\(\dfrac{28 \% \times \$4850}{100\%} = \$1358\)
Maximum expense on total debt service = 36% of 4850\(\dfrac{36 \% \times \$4850}{100\%} = \$1746\)
Therefore, the maximum allowable recurring debt with a monthly income of $4,850\(\$1746 - \$1358 = \$388\)
Thus, option A. $388 is correct.
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