1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kherson [118]
3 years ago
12

Bill has a mortgage loan on his personal residence. he decides to pay 18 months of interest in advance on october 1, 2016. the t

otal advanced interest payment is $36,000. how much of the advance interest payment can he deduct in 2016?
a. $36,000
b. $6,000
c. $24,000
d. mortgage interest is not deductible.
e. if a taxpayer makes an advance payment, he may not deduct any interest.
Business
1 answer:
VARVARA [1.3K]3 years ago
3 0
<span>In theory, Bill can deduct $36000 from his 2016 taxes. However, there are often caps on deductions, so there is really not enough information.</span>
You might be interested in
Yuncen Foods is a food manufacturer based in Lumberne. It gets over half of its revenue from international sales. It has been co
Montano1993 [528]

Answer:

a.Geographic and political barriers are irrelevant to the company's business decisions.

Explanation:

It has established its global operations and a good reputation as a global food manufacturer.

4 0
3 years ago
Type the correct answer in the box. Spell all words correctly.
frosja888 [35]

Answer:

After-sales service

Explanation:

After-sales service are all the efforts of a business to keep its clients happy and satisfied with the products they have purchased. It is providing care to customers after they have made purchases from the business. After-sale service help in retaining and building loyal customers.

Some of the techniques used in after-sales service include

  • Keeping in touch with customers after purchases
  • Responding to customer queries either on call, emails, or customer visit
  • Offering technical supports when a customer is facing challenges like in the scenario described above
3 0
2 years ago
Read 2 more answers
Maribel is putting the finishing touches on her slide presentation. She wants
AleksAgata [21]

Answer:

B

Explanation:

when she is talking over the slides, some people are not good multi-taskers and want to listen to the more interesting thing, which is the audio.

4 0
3 years ago
Read 2 more answers
Maxim has already spent $28,000 to manufacture a hamster food product called Green Health. Maxim currently has 10,000 bags of Gr
andriy [413]

The incremental income to process further for Maxim company equals to $30,000.

<h3>What is an Incremental income?</h3>

This means the profit that a business gains from an increase in sales.

It is gotten when there is an additional revenue generated by a certain product.

The Net income to be generated from Green health equals:

= Revenue - Cost

= $90,000 - $28,000

= $62,000

The Net income to be generated from Premium Green equals:

= Revenue - Extra cost

= $98,000 - $6,000

=$92,000

<h3>What is Incremental income to Process further?</h3>

= $92,000 - $62,000

= $30,000

Read more about Incremental income

<em>brainly.com/question/1446002</em>

#SPJ1

8 0
2 years ago
Which of the following practices are not considered essential for a comprehensive JIT implementation: Uniform production (also k
bogdanovich [222]

Answer:

False ( "Large lot sizes" is not considered essential for JIT )

Explanation:

Just in time is an arrangement and alignment of raw material supply with the production process of the business. It minimizes the holding cost, lead time required for delivery of raw material, the setup times and sizes of orders.

The Large lot sizes is not a characteristics of JIT because it may requires the storage facility to place the large orders until used in production which might increase the holding cost.

So, Large Lot Sizes are not considered essential for a comprehensive JIT implementation.

4 0
3 years ago
Other questions:
  • HElP PLEEEASE!!
    15·2 answers
  • Which of the following is a “DO” regarding scannable résumés?
    6·2 answers
  • What does it mean when a job application asks for names previously used?
    11·2 answers
  • You think you did a good job of matching employees to the job to get a good fit, but you want to make sure. Considering costs an
    5·1 answer
  • Which commercial business/private sector data classification is used to control information about individuals within an organiza
    5·1 answer
  • A trial balance would only help in detecting which one of the following errors? Offsetting errors are made in recording the tran
    7·1 answer
  • Match each situation with the benefits that professional organizations provide
    13·1 answer
  • Dinham Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-d
    8·1 answer
  • If a company sells its smart phones for $400 and the phones have a COGS of $250, how many additional phones would the company ha
    7·1 answer
  • For the following problems, use the information below for information on Lee and his business.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!