ACC 240 Topic 4 DQ 2
. Explain what is meant by the term "sustainable income". Why is it important to distinguish between sustainable income and actual net income? Is one more important than the other? Please explain.
Sustainable income is a hard one to grasp but...
ACC 240 Topic 4 DQ 2
. Explain what is meant by the term "sustainable income". Why is it important to distinguish
between sustainable income and actual net income? Is one more important than the other? Please
explain.
Sustainable income is a hard one to grasp but it is the likely amount of income you will obtain in
the future. It’s very important to distinguish between sustainable income and actual net income
because the unforeseeable revenues, the undetermined gains, and losses in the year for net
income. This is important to note because this means that sustainable income is actually more
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