Multiple Choice
owner of your local KFC franchise had a good year with rising revenues and reduced operating costs that resulted in a personal income of approximately $100,000.One-third of that was taken for 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 income
B) bonus income
C) discretionary income
D) disposable income
E) profit
Correct Answer:

Verified
Correct Answer:
Verified
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