Emily had an excellent year as a saleswoman in 2010.She earned $97,000.She paid $17,000 for "necessities" such as mortgage, food, and clothing.She was given a six-week all expenses paid vacation by the company for her sales performance that had a value of $9,000.Her state and federal income taxes totaled $24,000.What was her discretionary income?
A) $56,000
B) $65,000
C) $80,000
D) $97,000
E) There is not enough data provided to calculate her discretionary income.
Correct Answer:
Verified
Q111: Carl and Nancy Johnson prepared a household
Q112: If taxes rise at a faster rate
Q114: The Department of Labor monitors consumer expenditures
Q115: Medication sensors have been developed that can
Q117: Recently, the number of people who attended
Q118: Income used to buy luxury items such
Q119: Discretionary income refers to
A)the money that remains
Q120: Technological advances are difficult to predict, however,
Q121: Electronic commerce refers to
A)commerce that involves the
Q196: The recent large decline in _ has
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