I'ts not the C, gross income received from salaries, wages, tips, and commissions. I just chose that on my quiz and got it wrong. I did a little more research after that and now I believe it is
B, gross income after subtracting exemptions and deductions.
Answer:
The correct answer is letter "C": Pay $250 per month until it’s paid off.
Explanation:
While paying a debt on a credit card, it is recommended for the cardholder to <em>select the shortest length for payoff</em> possible because choosing the largest implies adding more interest and fees to the debt.
In the example, if the principal -the quantity of debt without interest- is $1,000 and the cardholder decides to make $250 payments, it implies the debt will be paid off in 4 months ($1,000/$250 = 4). Then, that is the choice to select if the intention is paying less.
Answer:
Revenue Expenses in net income
Gain / losses in Other comprehensive income
Explanation:
Revenue and Expenses of an entity is reported in the net income section of income statement. the second section of income statement deals with unrealized gains / losses and any gain or losses from discontinuing operations as well. Net income also added to the other comprehensive income to calculate total net income or total comprehensive income.
Photojournalist or a smoke jumper?
