Q:

what is the actual net income for the month? what, if any, changes could have been made to the actual amounts this month to keep the actual net income a positive value​

Accepted Solution

A:
Answer:A. The actual net income of the month is -30. less money could have been put into savings.Step-by-step explanation:The actual income is $925 and the total expenses are $955, so:$925-$955= -30The change could have been made to the actual amounts this month to keep the actual net income a positive value​ is that less money could have been put into savings. Comparing the budget and the actual amount, the difference is that the wage was less than expected, so it is necessary to adjust the expenses to be able to have a positive value in the net income. The rent and the cell phone are fixed costs that can't be changed. The expenses in food and utility are lower than the budgeted amount. So, the option left is to decrease the amount put into savings that can be modify easily.