Problem
Jamie had the following expenses over the past four years. Nondiscretionary Cost Discretionary Cost Total Income Year 1 56,000 7000 60,000 Year 2 54,000 8000 60,000 Year 3 52,000 9000 60,000 Year 4 50,000 10000 60,000 Calculate his Nondiscretionary Cost percentage, his Discretionary Cost percentage and his Total Operating Cost percentage. What would you advise Jamie regarding the changes in these percentages over time?