Guide Questions:
1. What is family income?
2. What are the two (2) classifications of income? How do they di Ter?
3. Enumerate the sources of family income?
4. Is it important to have a stable source of family income? Why?
pls answer
1. What is family income?
2. What are the two (2) classifications of income? How do they di Ter?
3. Enumerate the sources of family income?
4. Is it important to have a stable source of family income? Why?
pls answer
Add an Answer
More Questions From This User See All
Answers & Comments
Answer:
1.Family income is generally considered a primary measure of a nation's financial prosperity. In the United States, political parties perennially disagree over which economic policies are more likely to increase family income. The party in power often takes the credit for any significant changes in family income.
2.There are two types of income: Sale Revenue: Income earned in the ordinary course of business activities of the entity; Gains: Income that does not arise from the core operations of the entity.
3.Total family income first classified by its four major sources:earnings of a male head,earnings of a wife or female head,earnings of other family members and property or transfer income.
4.Yes,because Income and net worth are inextricably linked. However, it's more important to focus on building a Net worth is still more important than income when it comes to financial freedom.
Explanation:
HOPE IT HELPS CARRY ON LEARNING PAKIBRAINLIEST AT PAKIFOLLOW NALANG PO STAY SAFE GUYS ❤️❤️❤️