Answer:
homeowner can deduct all interest on 2 homes on first lien up to 1 million mortgage amount accumulated
also deductible is a home eq line of credit/second mortgage on both homes up to 100,000 dollars, can borrow more than 100k if its for medical
Explanation:
HOPE THIS HELPS.
Answer:
d. more effective in dealing with real shocks than aggregate demand shocks.
Explanation:
Fiscal policy are more effective in dealing with real policy shocks than the monetary policy. The correct answer is d. more effective in dealing with real shocks than aggregate demand shocks.
<span>Characteristics of just-in-time partnerships do not include:
a.focus on core competencies.
b.removal of in-transit inventory.
c.long-term contracts.
d.large lot sizes to save on setup costs and to gain quantity discounts.
e.produce with zero defects.
The answer is B</span>
Answer:
Company A
a. Differential Analysis dated May 29
Alternative 1 Alternative 2
Opportunity cost $250,000 $550,000
Variable production costs 580,000 192,000
Total cost $830,000 $742,000
b. Sunk cost in this situation is: $225,000 ($400,000 - $175,000) cost of the old machine.
Explanation:
Company A's relevant cost for the old machine is the opportunity cost that it will lose if it continues with Alternative 1 or continued use of the old machine and the additional cost for the new machine for Alternative 2. Also relevant is the variable production costs that would be incurred if the old or new machine is used.
Company A's sunk cost is the cost of the old machine minus accumulated depreciation. Sunk cost is not relevant for decision making under differential analysis.
Company A's differential analysis is a managerial tool that is used to differentiate one decision alternative from another. In this analysis, only relevant costs are considered. A relevant cost in this case is cost that its inclusion or elimination makes a difference in the decision outcome.
The business cycle is the fluctuation in economic activity
