Multiple Choice
Caleb teaches economics at Happy State University and is paid $50,000 per year.He also provides economic forecasts for local businesses for which he charges $100 per hour.Which of the following is true?
A) All of Caleb's income is salary.
B) Some of Caleb's income is salary and some is personal interest
C) All of Caleb's income is proprietor's income.
D) Some of Caleb's income is salary and some is proprietor's income.
E) All of Caleb's income is personal interest.
Correct Answer:
Verified
Correct Answer:
Verified
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