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Lelechka [254]
3 years ago
9

A local pet supplies boutique had a good year with rising revenues and reduced operating costs resulting in personal income for

the owner of nearly $100,000. One-third of that went to local, state,and federal income taxes and another third went to pay for a home mortgage, car payments, food, clothing, and other necessities. What is the remaining third called?A. gross incomeB.bonus incomeC.discretionary incomeD. disposable incomeE. profit
Business
1 answer:
Delvig [45]3 years ago
3 0

Answer:

C. discretionary income

Explanation:

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3 years ago
The ________ perspective tends to view inflation as a cost that offers no offsetting gains in terms of lower unemployment.
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3 0
2 years ago
A stability strategy is a grand strategy that involves little or no significant organizational change. For example, Love Forever
In-s [12.5K]

Answer:

The correct answer is letter "A": True.

Explanation:

Stability strategies are those in which the firm does not change its core method of working, thus, it remains to focus on its current products and markets. Carrying out stability strategies is a less risky approach. The types of stability strategies can be <em>no-change strategy; profit strategy; </em><u><em>and</em></u><em> growth through concentration, integration, diversification, co-operation, internationalization.</em>

6 0
3 years ago
McLeod Inc. is considering an investment that has an expected return of 8% and a standard deviation of 10%. What is the investme
Rudik [331]

Answer:

the investment's coefficient of variation is 1.25.

Explanation:

The  coefficient of variation relates the units of return to the units of risk. It expresses the unit of risk per 1% of return as follows :

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7 0
3 years ago
At year-end, Yates Company estimates that $1,500 of its accounts receivable balance is uncollectible. Yates uses the allowance m
erastova [34]

Answer:

debit to Bad Debts Expense and credit to Allowance for Doubtful Accounts

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Based on the information provided for this scenario it can be said that the entry to record this adjusting entry would include a debit to Bad Debts Expense and credit to Allowance for Doubtful Accounts. Meaning that the bad debts expense is increasing while the same amount is being taken from the allowance for doubtful accounts. This is what the allowance method is used for, it provides an advance for uncollectible accounts, by setting aside money in a reserve account.

4 0
2 years ago
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