Question

Predict how much money can be saved without having a negative actual net income. Monthly Budget Budgeted Amount Actual Amount Income Wages $1025 $675 Expenses Rent Utilities Food Cell Phone Savings $300 $100 $175 $75 $300 $300 $100 $200 $75 $____ Net Income $75 $____ a. It is not possible to save any money this month without having a negative actual net income. b. $350 can be saved resulting in an actual net income of $0. c. $200 can be saved resulting in an actual net income of $75. d. Because there is a $75 budgeted net income, that $75 can be put towards savings.

Answer 1

Predict how much money can be saved without having a negative actual net income.

a. It is not possible to save any money this month without having a negative actual net income.<<<---CORRECT

b. $350 can be saved resulting in an actual net income of $0.

c. $200 can be saved resulting in an actual net income of $75.

d. Because there is a $75 budgeted net income, that $75 can be put towards savings.

Explanation:

See pic. Edge 2021

Answer 2

a. It is not possible to save any money this month without having a negative actual net income.

Explanation: