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Figure 31-5
Use the figure to answer the corresponding question(s) .
-Refer to Figure 31-5.Which number has been placed on the dorsal surface?
Net Income
The total earnings or profit of a business after subtracting all expenses, taxes, and costs.
Discretionary Income
The amount of an individual's income that is left for spending, investing, or saving after taxes and personal necessities (like food and shelter) are taken care of.
Gross Income
Total earnings received by an individual or company before any deductions such as taxes, expenses, and other contributions.
Disposable Income
The amount of money an individual or household has available to spend or save after taxes and necessities have been paid.
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