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Author Question: Raghib teaches mathematics at Camford University and receives 40,000 per year. His spouse, Noraini, ... (Read 15 times)

vicotolentino

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Raghib teaches mathematics at Camford University and receives 40,000 per year. His spouse, Noraini, works as a self-employed computer programmer and charges 40 per hour. Which of the following is true?
 a. Raghib's income is personal interest; Noraini's is wages
  b. Raghib's income is a salary; Noraini's is personal interest
  c. Both Raghib and Noraini receive proprietor's income
  d. Both Raghib and Noraini receive wage or salary income
  e. Raghib's income is a salary, and Noraini's income is a proprietor's income

Question 2

Luigi owns and operates a small restaurant. The income he receives from the restaurant is classified as
 a. saving
  b. proprietor's income
  c. wages and salaries
  d. rental income
  e. dividends



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missalyssa26

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Answer to Question 1

E

Answer to Question 2

B




vicotolentino

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


phuda

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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