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positive net worth
net income
Question 20.20. (TCO 1) An example of a variable expense would be
rent.
an installment loan payment.
a monthly parking fee.
a mortgage note payment.
a telephone bill.
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BUSN 380 Week 2 Problem Set 2

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TCO 2 - Problem Set 2 - Tax Fundamentals; Cash Management;
Distinctions among Financial Institutions
1. Thomas Franklin arrived at the following tax information:
Gross salary, $46,660
Interest earnings, $225
Dividend income, $80
One personal exemption, $3,400