1) Ben and Josh work for the same company. Ben receives his income from wages, while Josh receives a salary of $42,000 a year.

Which of the following is most likely to be true?

A) If Josh works longer hours, he will earn more money.

B) Ben gets more paid vacation days and benefits than Josh does.

C) Josh works only a set number of hours.

D) Ben is eligible for overtime pay.

2) Lily earns $80,000 a year and saves $8,000. The formula for savings ratio is as follows: Savings Ratio =Savings Income

How much more should Lilysave to be productive and reach her targeted savings ratio of 12%?

A) $2,400

B) $1,600

C) $2,000

D) $1,200