Question

what are the three methods for setting your own debt limits

what are the three methods for setting your own debt limits

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Three methods for setting on debt limit would be-

1.fixation of a certain percentage of overall income which is monthly generated for providing with the debt payments and it should not be flexible in nature because it can lead to disaster, if not managed properly.

2. Balanced budget amendment approach must be followed in order to match the proposed amendment with proposed expenses in order to not have much stress on the overall income.

3. Building upon the emergency funding should also be proposed because it would help in taking excessive caution against any kind of unfavourable debt payments.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
6 Are you supporting the term-limits or are you against the term-limits? Develop your own position,...
6 Are you supporting the term-limits or are you against the term-limits? Develop your own position, after talking one position, not both.
Explain in your own language the impact of three depreciation methods on yearly depreciation expense, total...
Explain in your own language the impact of three depreciation methods on yearly depreciation expense, total depreciation expense charged over the life of the asset, and the book value of any plant asset.
define Goal-Setting Theory in your own word with and example
define Goal-Setting Theory in your own word with and example
Which of the following is true regarding setting personal debt limits? Can be more than one...
Which of the following is true regarding setting personal debt limits? Can be more than one answer. a. Your mortgage loan and all credit card charges, especially those paid in full every month, are included in the debt payments-to-disposable income method. b. The debt limit according to the continuous-debt method is a four-year payoff period. c. For most people, your debt limit should be lower than what creditors are willing to offer. d. Under the debt-to-income method, the recommended maximum...
(IN YOUR OWN WORDS) write a paragraph of no more than 150 words on goal setting...
(IN YOUR OWN WORDS) write a paragraph of no more than 150 words on goal setting Please be ACCURATE in your answer
1.Describe the 3 methods to account for debt securities, and then describe how that can be...
1.Describe the 3 methods to account for debt securities, and then describe how that can be confusing to a reader of financial statements that does not understand the difference on how the debt securities may be recorded. Answer needs to be sufficiently long to include all details, and should be in your own words. 2.When is it appropriate to record goodwill, and under what conditions? When is goodwill considered impaired and what does that mean? Answer needs to be sufficiently...
in your own words, what does each measure that current ratio, debt to equity ratio and...
in your own words, what does each measure that current ratio, debt to equity ratio and Return on equity ratio would tell us about your company that is important to investors and creditors?
Offer three examples from your own life, when you experienced social facilitation, social loafing, and deindividuation...
Offer three examples from your own life, when you experienced social facilitation, social loafing, and deindividuation in a group setting. (MUST BE 150 WORDS AND INCLUDE WORK CITED AND IN TEXT CITATION)
Define position limits and exercise limits. What is the purpose of designating these limits? What risk...
Define position limits and exercise limits. What is the purpose of designating these limits? What risk does an exchange face with these limits?
In your own words, describe what is the Universal Declaration of Human Rights. In your own...
In your own words, describe what is the Universal Declaration of Human Rights. In your own words, list and describe at least three implications on health as a result of migration. please.don't copy and paste
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT