Ask Question
30 June, 22:27

Market researchers often report discretionary income. discretionary income is your disposable income minus your fixed expenses. your disposable income is $1,200. after you pay for rent, utilities, groceries, and a car payment, you have $200. what percentage of your disposable income is discretionary

+5
Answers (1)
  1. 30 June, 22:53
    0
    Discretionary income = $200

    Disposable income = $1200

    To get the percentage of the discretionary income, get the ratio of the discretionary income with respect to the disposable income and multiply by 100.

    % discretionary income = discretionary income / disposable income x 100

    %discretionary income = $200/1200 x 100

    % discretionary income = 16.67%
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Market researchers often report discretionary income. discretionary income is your disposable income minus your fixed expenses. your ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers