Answer:
the steps are
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Explanation:
these are the steps because in order to get the analysis you need to go through these steps
The gross premium is the total premium paid by the policy owner, and generally consists of the net premium plus the expense of operation minus interest
Answer:
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Answer:
Please check the following explanation
Explanation:
Capital losses are not included in the calculation of net investment income. Therefore, $2,000 long-term capital loss would have no effect on investment income. Thus, Porters' investment income will remain $2,500.
Consequently, Porters' can deduct $2,500 of the investment interest expense and the remaining $500 of investment interest expense will be carried over to next year.
The answer is limited liability partnership