Answer:
D. to claim qualified expenses such as deductions or credits
Explanation:
To find - What is the purpose of a 1098 tax form?
Solution -
The correct option is - D. to claim qualified expenses such as deductions or credits
Reason -
Form 1098 T tuition statement is an american IRS tax form filed bu eligible educational institutions(or those filing on the institutional's behalf)
To report payments received and payments due from the paying students.
The institution has to report a form for every student that is currently enrolled and paying qualifying tuition and related expense.
Answer:
Is the best method of analyzing mutually exclusive projects.
Explanation:
Net present value is equal to the present value of all the future cash flows of a project, less the initial outlay of project.
Net present value analysis simply concluded about a project to be worth doing when it finds the present value of future cash flows greater than the initial investment and vice versa.
We just have to see which is higher, the present value of future cash flows or the initial investment.
It is assumed that an investment with a positive NPV will be profitable, and an investment with a negative NPV will result in a net loss.
Answer:
the question is incomplete, so I looked for a similar one online:
December 31, year 1:
interest expense = $5,300,000 x 12% x 6/12 = $318,000
September 30, year 1:
interest expense = $5,300,000 x 10% x 3/12 = $132,500
October 31, year 1:
interest expense = $5,300,000 x 9% x 4/12 = $159,000
January 31, year 2:
interest expense = $5,300,000 x 6% x 7/12 = $185,500
<span>The goal of utility maximization is to allocate your resources in order to maximize your satisfaction.
Utility maximization is a concept which is used in the economics which explains that when a person is making a decision to purchase anything, he/she prefer to get the greatest value that is possible but at the least amount of money.
</span>
