Refer to the Information Provided in Table 9

question 190

Multiple Choice

Refer to the information provided in Table 9.2 below to answer the questions that follow.
Table 9.2
-Refer to Table 9.2. At an output level of $1,500, disposable income

• A) is $1,000.
• B) is $1,200.
• C) is $1,400.
• D) cannot be determined from this information.

Know the disadvantages and challenges faced by corporations compared to sole proprietorships.

Recognize not-for-profit organizations and their roles.

Understand the taxation and profit distribution in different business forms.

Understand the concept of relevant and irrelevant costs in decision-making.

---

Definitions:

Income

Money received, especially on a regular basis, for work or through investments.

Spending

The act of disbursing money or resources for various purposes, including procurement, operations, and investments.

IRR

Internal Rate of Return, a financial metric used to evaluate the profitability of potential investments.

Net Cash Flow

The difference between a company's cash inflows and outflows within a specified period.