Respuesta :
Residual income exists the term that the VA uses to represent the amount of net income remaining after the deduction of debts, obligations, such as utility and phone bills, and monthly shelter expenses.
What is Residual income?
An technique to equity valuation called residual income valuation officially accounts for the cost of equity capital. Money that one continues to earn after the completion of the work that generates income is known as residual income. Royalties, rental and real estate revenue, interest and dividend income, and income from the continued sale of consumer items (such as music, digital art, or books), among others, are examples of residual income.
Passive income is money earned through a business with little to no ongoing labor. Residual income is a computation that determines how much discretionary money an individual or business has left over after meeting their financial obligations and paying their expenses, not a specific type of revenue.
The amount of money left over after making the required payments is known as residual income. Because it is one of the numbers that banks and lenders consider before authorizing loans, residual income is a crucial measure. Money that one continues to earn after the completion of the work that generates income is known as residual income.
Hence, Residual income exists the term that the VA uses to represent the amount of net income remaining after the deduction of debts, obligations, such as utility and phone bills, and monthly shelter expenses.
To learn more about Residual income refer to:
https://brainly.com/question/14262217
#SPJ4
