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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>
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barxatty [35]
(D) ask the callers name, number, and purpose of the call and tell him or her someone will call back in a few minutes.
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5 0
3 years ago
Describe the two primary functions of financial accounting
andreev551 [17]

Answer: Measurement and presentation of financial performance

Explanation: The two primary functions of financial accounting are measurement and presentation of financial performance.

The measurement function is performed by following accounting procedures and policies under US GAAP and IFRS.

Whereas, presentation function relates to preparation of financial statements like income statement and cash flow statement.

6 0
3 years ago
This jacket is so thin. It can't possibly keep out the rain."(Use the boomerang method.)
Ivan

Answer:

The jacket is thin because it uses a fiber called thinsulate that enables it to have the lightest weight but is also the warmest.

Explanation:

In general marketing, the boomerang method refers to the 'reconstruction' of the customer's objection into the main reason for buying. In other words, using the same excuse that a customer has about a product to entice him/her to buy that product by reframing it as a selling point is known as the boomerang method.

In the given scenario, the customer's objection is about the thinness of the jacket can be used as a selling point by the salesman by stating that the lightness of the jacket is what makes it a good product. So, if the seller tells the customer <em>"the jacket is thin because it uses a fiber called Thinsulate that makes it thin but also warm"</em>, then that will make it an interesting and important factor for the customer to like the product more.

6 0
2 years ago
Technician A states that you should inspect tools prior to use to ensure they are in good working order. Technician B states tha
kvasek [131]

Answer:

Correct option is A.

Explanation:

As stated in general statement, precaution is better than cure.

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8 0
3 years ago
(PLS HELP ASAP) Davon holds a degree in sports medicine. Which company might be interested in hiring Davon?
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Answer:

I would say A or B

Explanation:

sports medicine is a person in field helping the hurt people playing sports

3 0
2 years ago
Read 2 more answers
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