The owner of your local Subway franchise has had a good year with rising revenues and reduced operating costs that resulted in personal income of roughly $100,000. Approximately one-third of that went to local, provincial, and federal income taxes, and another third went to pay for mortgage, car payments, food, clothing, and other necessities. What is the remaining third called?

The owner of your local Subway franchise has had a good year with rising revenues and reduced operating costs that resulted in personal income of roughly $100,000. Approximately one-third of that went to local, provincial, and federal income taxes, and another third went to pay for mortgage, car payments, food, clothing, and other necessities. What is the remaining third called?

The owner of your local Subway franchise has had a good year with rising revenues and reduced operating costs that resulted in personal income of roughly $100,000. Approximately one-third of that went to local, provincial, and federal income taxes, and another third went to pay for mortgage, car payments, food, clothing, and other necessities. What is the remaining third called?



A) windfall
B) bonus
C) discretionary income
D) disposable income
E) franchiser fee




Answer: C


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