Answer:
A.- Randy can deduct $30,200 The interest on the loan of the car is nondeductible personal interest, but he can deduct all $28,000 on the home loan as an itemized deduction. The $4,200 of margin interests is likely investment interest, and this itemized deduction is limited oto net investment income. $2,200 of interest income qualifies as investment income and he apparently has no other invesstment expenses, the investment interest expense would be limited to Randy´s $2,200 in net investment.
B. He may deduct all %28,000 of his interest on the home loan
According to the Law of Demand, "there is an<u> INVERSE relationship </u><u>between price and quantity demanded</u>".
The claim is completely false because "price and quantity demanded are related" is NOT how the law of demand works.
Demand is the amount that households pay for the goods and services that businesses produce. Demand is only referred to as such by economists if it is supported by the ability to pay for a good or service.
While changes in all other factors will also cause parallel shifts in the demand curve, changes in price will cause the demand curve to move along with them.
Learn what happens to the quantity demanded of a good as the price of it rises: brainly.com/question/10782448
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Answer:
markup 200% over cost
selling price 75 dollars
Explanation:
investment 500,000
return on investment : 10%
500,000 x 10% = 50,000
units producted: 1,000
markup per unit: 50,000 / 1,000 = 50 dollar
the markup will be: 25 * X = 50
X = 2 = 200%
selling price: 25 + 50 = 75
75
Answer:
Total PV= $790,228.23
Explanation:
Giving the following information:
Annual payment= $50,000
Number of periods= 10 years
Annual payment= $100,000
Number of periods= 5 years
Discount rate= 9% = 0.09
<u>First, we need to calculate the future value of each annual payment:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual paymeny
First 10 years:
FV= {50,000*[(1.09^10) - 1]} / 0.09
FV= $759,646.49
Next 5 years:
FV= {100,000*[(1.09^5) - 1]} / 0.09
FV= $1,709,582.17
<u>Now, the present value of the prize:</u>
PV= FV/(1+i)^n
First 10 years:
PV= 759,646.49/(1.09^10)
PV= $320,882.89
Next 5 years:
PV= 1,709,582.17/(1.09^15)
PV= 469,345.34
Total PV= $790,228.23
Answer:
$260,529
Explanation: Amount in $
Net Income 262,298
Depreciation 29,125
A/R-Increase (17,247)
Inventory (27,969)
Prepaid Expense 1,632
Accounts Payable 7,397
Loss on Equipment 5,293
Net cash flow from operating activities 260,529