The Owner of Your Local KFC Franchise Has Had a Good

question 172

Multiple Choice

The owner of your local KFC franchise has had a good year with rising revenues and reduced operating costs that resulted in a personal income of roughly $100,000.Approximately one-third of that was taken for provincial and federal income taxes,and another third went to pay for mortgage,car payments,food,clothing,and other necessities.What is the remaining third called?

• A)windfall
• B)bonus
• C)discretionary income
• D)disposable income

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