Use the Figure Below to Answer the Following Questions

question 72

Multiple Choice

Use the figure below to answer the following questions.

Figure 19.1.1
-Refer to Figure 19.1.1. The richest 20 percent of households receive what share of total income?

• A)10 percent
• B)30 percent
• C)40 percent
• D)60 percent
• E)100 percent

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Definitions:

Unprofitable Segment

A division or part of a business that does not generate profit and may drain resources from the more profitable segments.

Discontinued Operations

Parts of a company's core business or product lines that have been discontinued or sold.

Income Tax Expense

The amount of expense that a business or individual incurs due to the taxes on its taxable income.

Disposal

The method of eliminating an asset or waste, which may include selling, recycling, or throwing away.