Sharon had gross income of $120,000 and nondiscretionary expenses of $32,000. She also had discretionary expenses of
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Sharon had gross income of $120,000 and nondiscretionary expenses of $32,000. She also had discretionary expenses of $10,000, and her capital expenditures on leisure items were $5,000. What is her discretionary payout percentage?
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Cash Flow before Discretionary Expenses Gross Income Nondiscret...View the full answer
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