If Net Cash Flow Is $500,targeted Savings Are $400,total Income

question 24

Multiple Choice

If net cash flow is $500,targeted savings are $400,total income is $2,000,and change in debt is $40,what is the gross savings percentage?

• A)47%
• B)57%
• C)20.5%
• D)12.5%
• E)None of the above.

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