Barry gets hurt at work and must go on disabililty for 4 months. on disability, the pay that barry receives is 60% of his normal net pay. barry should be fine if he has a plan for a. financing b. managing his income c. managing his liquidity d. protecting his assets

By getting hurt , Barry has gone for disability for four months.

For four months , Barry receives only 60% of his normal pay.

No information about ,liquidity that is about shares and bonds is given.

As well as Information about Assets of Barry is not given.

Since Barry is only getting 60% of his income,

So, Barry must manage his income first, that he should reduce his expenditure on those things which is useless, that is be less extravagant .

As financing is another option, which means he can start his own business by taking loan from financial institutions, such as bank, money lender or by any other way.

As, it is written here that, Barry will join the Company after four months,so he is not interested in financing.

Also, he must has saved some money,from previous work as well as from this work.So, In spite of financing He must focus on   Option(B): Managing his income.

is most appropriate option , for which the information is provided about Barry.

Barry gets hurt at work and must go on disabililty for 4 months. On disability, the pay that Barry receives is 60% of his normal net pay. Barry should be fine if he has a plan for - b. managing his income

Explanation:

As Barry is hurt and now he will get almost half of his previous salary, so he must manage that money in accordance with his needs. He cannot spend the salary like earlier, now he must spend the money on important things only. So, its only his money management skills that will help him survive in this type of situation.

step-by-step explanation:

30% of $420 is 0.30($420) = $126 and $420 + $126 = $546.

or, 130% of $420 is 1.3($420) = $546.

notice that this is not the $600 original list price with which we started.

why doesn't this work?

the method does not work because 30% of $420 is not the same amount as the 30% of $600. it may seem obvious when stated this way, but it is a very common error made on problems of this type. we cannot just use the same percent and get back to the original amount because we are taking that percent of a different value.

to work problems of this type correctly, it is generally best to write an equation for the situation and then solve.

example: since (100% – 30%)(original price) = (sale price)

70% of the   (original price) is $420.

0.7x   = 420

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x = 600

the original cost was $600.

we may also solve this problem using the two-step method. working the problem in two steps requires us to use more algebra skills. we have to know that x = 1x (identity property of multiplicationtext annotation indicator) and that 1x – 0.3x = 0.7x (subtracting like terms). then we solve the problem as follows:

(original price) – 30%(original price) = sale price

x – 0.3x = 420

0.7x = $420

equation image indicator

x = 600

the original cost was $600.  

note that with both of the above methods we do obtain the correct original amount.

example: after a 5% pay raise, hermione is earning $22,680 per year. what was she earning before the pay raise?

105% of (original salary) = current salary

1.05x = 22,680

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x = 21,600

hermione earned $21,600 per year before the pay raise.

this is an example so maybe you will get how to at least do it!