Kelly had an excellent year as a junior auditor in 2017,earning $97,000.She paid $37,000 for necessities such as mortgage,food,and clothing.Her state and federal income taxes totaled $24,000.What was her discretionary income?
A) $36,000
B) $60,000
C) $73,000
D) $97,000
E) Not enough information is provided to calculate her discretionary income.
Correct Answer:
Verified
Q112: Gross income refers to
A) the money that
Q116: A time of declining economic activity when
Q117: Approximately what percentage of U.S.households has an
Q119: A decline in _ often leads consumers
Q124: According to the text,several new technologies are
Q125: Changes in _ have a psychological impact
Q126: A local pet supplies boutique had a
Q129: This year the Shafer family has dined
Q131: Discretionary income refers to
A) the money deducted
Q159: Medication sensors have been developed that can
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents