Question

Your gross pay is $1,878.96, net income is $1,196.34,and fixed expenses are $1,338.54. What is your discretionary income?

Answer 1

Answer:

Option C. $0

Step-by-step explanation:

Income remaining after deductions of taxes and basic living costs is considered as discretionary income.

In this question after deduction in gross pay the net income is given $1,196.34

and fixed expenses are more than net income. Therefore, it would be negative answer or you can say Option C. $0 is the answer.

Answer 2

Very easy. Just subtract the net income (1196.34) from the pay (1878.96) The answer is B. I hope i did it right!!!