Gross income consists of

A)

income from all sources.
B)

only earned income.
C)

all income less tax credits.
D)

all income subject to the federal income tax.

D

Business

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Farmerlands, Inc has budgeted sales for the months of September and October at $303,000 and $289,000, respectively

Monthly sales are 80% credit and 20% cash. Of the credit sales, 50% are collected in the month of sale, and 50% are collected in the following month. Calculate cash collections for the month of October. A) $173,400 B) $297,400 C) $294,600 D) $181,800

Business

The client writes a ________ to the researcher before work on the project begins

A) letter of estimation B) letter of authorization C) letter of transmittal D) letter of recommendation E) letter of invoice

Business