Answer:
$72,000
Explanation:
To calculate investment interest expense dedcution, we need to know the total investment income & total investment interest expenses
Then there're 2 scenarios as followings:
- If the investment interest expenses are less than the net investment income, the entire investment interest expense is deductible.
- If the investment interest expenses are more than the net investment income, we can deduct the expenses up to the net investment income amount. The rest of the expenses are carried forward to next year.
In this example, Ramon's investment income is $72,000 ($34,500 of interest and a $37,500 net capital gain on the sale of securities); is lower than his interest expenses of $83,100.
So Ramon is entiled to deduct $72,000 all the entire investment interest expense in current year
Answer to this Question is
D) It's possible to score points in the wrong game.
Explanation:
Yes, its very much true that entrepreneurs build businesses from scratch, they build big empires by providing customers the most innovative products. They keep on finding the new solutions for the people's problems. Yes, while putting this handwork and changing the business and wold's landscape they put so much time, effort and energy that they get very less time for themselves that's why they cant give much time to their relationships and they have to loss them. That's why it is said that its just like scoring points in the wrong game.
Answer:
Yes, I do agree with the statement
Explanation:
The statement which is stating that the company net income as well as the statement of the owner's equity both are included or shown indirectly in the company balance sheet . As balance sheet is that statement which tells the financial position or performance of the company at a specific time period.
Because the net income is the outcome of income statement and directly shown or stated in the income statement whereas owner's equity is the capital of the business which is shown in the balance sheet. Net income is already included in retained earnings which means shown indirectly in the balance sheet.
Answer:
Good luck with the promotion, here are some ideas for the company!
Answer: D
Explanation:
An ethical dilemma is a decision making problem between two possible moral imperatives, neither of which is unambiguously acceptable or preferable.
The best way to solve an ethical dilemma problem is to only recruit ethically proven potential workers during interview.
