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Vika [28.1K]
3 years ago
10

Which of the following is subtracted from national income to get to personal income?

Business
1 answer:
emmasim [6.3K]3 years ago
3 0

Answer:

The answer is "Option A"

Explanation:

RE stands for retained income, In this system also requires the net income to be used in the accounting and cash flows, while the statement of money flow, which is not released as dividends of shareholder value, is used instead for new investments within the company, and other options are were wrong that can be described as follows:

  • Option B and option D are similar to each other because, both used for payment on personal and consumer loans, that's why it is not correct.
  • In option C, It is used in the calculation, that's why it is not correct.

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A group of people, things, events, organizations, etc. Use populations to draw conclusions. Figure 1: Population. An example of a population is the entire student body of a school. Includes all students studying at the school when the data was collected.

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  Income Statement Dec. 31, 20Y6

<u>           Glacier Travel Service                 </u>

Total revenue                        $900,000

- Wages expense                 ($425,000)

- Rent expense                     ($180,000)

- Utilities expense                 ($75,000)

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