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V125BC [204]
3 years ago
13

Manuel Acala is a marketing analyst, but made only $28,000 last year because he was employed only part of the year. He paid $5,0

00 in taxes, and spent another $10,000 for food, housing, a car, and other "necessities." Manuel's discretionary income was:
Business
1 answer:
vovikov84 [41]3 years ago
5 0

Answer:

$13000

Explanation:

There are two types of incomes; disposable income that is the income after paying income tax, and discretionary income that is the income after paying income taxes and necessities. Overall, the Manuel Acala made $28000; he paid $5000 in taxes.

Disposable income= $28000-$5000 = $23000

He spent $10000 on food

Discretionary income = $23000-$10000= $13000

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