Raghib teaches mathematics at Camford University and receives ...

[vicotolentino]

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

[missalyssa26]

Answer to Question 1

E

Answer to Question 2

B

[vicotolentino]

Thanks for the timely response, appreciate it

[jamesnevil303]

Excellent