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Please use table and answer questions below briefly. At least 200 words required. ...

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Accounting

Please use table and answer questions below briefly.
At least 200 words required. image
image
Monthly Budget Income Salary 1 (Take Home Pay) Salary 2 (Take Home Pay) Total Income 1,500.00 798.38 2,298.38 Expenses 950.00 415.00 150.00 50.00 120.00 1,685.00 80.00 Fixed Costs Mortgage / Rent Expense Car / Lease Payment(s) Loan Payment(s) Insurance - Car Insurance - Homeowner's Insurance - Life Childcare Total Fixed Costs Semi Variable Costs Electric/Gas Expense Telephone Expense Cable / Satellite Television Expense Internet Expense Food (Dining Out & Groceries) Gasoline Pet Supplies Medical/Healthcare Personal Care Total Semi Variable Costs Total Expenses Net Income 30.00 39.00 30.00 200.00 100.00 80.00 559.00 2,244.00 54.38 $ Chapter 4 is on Fractions: Use the attached sample budget to answer each of the following questions: 1. a) What advice could you offer a person with this sample budget to improve his/her situation? 2. b) Prove your reasoning with what you know about fractions. (Addition/Subtraction of Fractions)

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