Thelma Works at a Liquor Store in 2019 and Makes

question 24

Multiple Choice

Thelma works at a liquor store in 2019 and makes $44,000. She also has dividend income of $12,000 and interest income of $1,000. She owns a beach house that gives her $11,000 in net rental income and she owns a stake in a limited partnership that generates a $15,000 loss. What is her adjusted gross income in 2019?

• A)$58,000
• B)$45,000
• C)$69,000
• D)$57,000
• E)$53,000

Understand the characteristics and behaviors of different credit card users.

Learn about critical federal acts protecting consumer rights in the credit market.

Understand the 5 Cs of credit and their importance in credit decisions.

Identify different types of credit and distinguish between open-end and closed-end credit.

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Definitions:

Water Reservoirs

Artificial or natural lakes used for the storage and regulation of water for purposes such as human consumption, irrigation, and industrial use.

Worldview

A comprehensive perspective through which individuals or groups interpret and interact with the world around them, encompassing beliefs, values, and customs.

Internal Factors

Elements within an organization or system that influence its operations, such as employee skills, corporate culture, and management policies.

Silk Roads

A network of trade routes that connected the East and West, facilitating not only the exchange of goods but also culture, religion, and technology throughout history.