Answer:
The amount may he deduct as interest in 2015 is $960.
Explanation:
As per the provision of IRS (reference to 550), any amount of interest due towards money borrowed for investment purposes (also known as investment interest) can be claimed as a deduction. Therefore, it becomes important to allocate the total amount of loan/borrowing between the amount utilized for personal/business purposes and investment purposes.
In the given case, George has borrowed $20,000, out of which $16,000 has been used for investment purposes, that is, 80% (16,000/20,000*100%), while the remaining 20% (4,000/20,000*100) is used for personal purposes (purchase of four-wheel recreation vehicle).
Out of the total interest of $1,200 (20,000*8%*9/12) due on the amount borrowed, $960 (1,200*80%) can be claimed as deduction (in the form of investment interest). The remaining $240 cannot be claimed as deduction.
Therefore, The amount may he deduct as interest in 2015 is $960.
The economic way of thinking is more than money, budgets,and the stock market. this is because when thinking of the economy, it includes the community and choices must be made to improve it. some economic decisions are costly, and could negatively affect the economy by making the costs of things skyrocket, ruining benefits of others that relied on them and will now put jobs and businesses into bankruptcy.
Answer:
business portfolio analysis.
Explanation:
Business portfolio analysis is the systematic process by which an organisation analyses the products and services that make up a firm's portfolio.
Businesses use portfolio analysis to identify profitable and unprofitable products and business segments.
The unprofitable products and business segments are demphasises since returns are not much from such activities.
Profitable products and business are emphasised with a view of improving productivity of the firm.
The Boston Consulting Group uses business portfolio analysis to analyze firm's business units (called strategic business units or SBUs) as though they were a collection of separate investments.
Marginal utility will be calculated for movies by: 14/(4*4) which would mean 0.875 utils per dollar per movie. Whereas, for apps, it would be: 8/(3*4) which would mean utils per dollar per app to be 0.667. Hence, movies tend to carry higher utility.
Answer:
correct option is C. 7.00
Explanation:
given data
sales = 1600 units
cost = $50
Variable expenses = 30%
total fixed expenses = $48,000
solution
we get here Degree of operating leverage that is express as
Degree of operating leverage = Sales - variable cost ÷ (sales - variable cost - fixed cost) ......................1
here Sales is = 1600 × 50 = 80000
and
Variable cost = 80000 × 30% = 24000
put here value in equation 1 we get
Degree of operating leverage =
Degree of operating leverage = 7
so correct option is C. 7.00