Ming Trang opened her first business last year after graduating from college. During the first year of operations the business experienced a loss of $14,000. During the year Ming Trang earned an additional $2,000 in employment income, $6,000 in net-rental income, and capital gains of $2,000. Given all of the above, what is Ming Trang's total income for the year?
Ming Trang opened her first business last year after graduating from college. During the first year of operations the business experienced a loss of $14,000. During the year Ming Trang earned an additional $2,000 in employment income, $6,000 in net-rental income, and capital gains of $2,000. Given all of the above, what is Ming Trang's total income for the year?
Chapter7: Stocks (equity) - Characterstics And Valuation
Section: Chapter Questions
Problem 19PROB
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ISBN:
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Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT