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Helga [31]
3 years ago
11

In 2019, Jamie earns $7,000 in net investment income and incurs $12,000 of investment interest expense. What is the maximum amou

nt of investment interest expense she is allowed to deduct this year? Group of answer choices $0 $5,000 deductible this year; nothing to be carried forward to next year $7,000 deductible this year; $5,000 carried forward to next year $12,000 deductible this year; nothing to be carried forward to next year
Business
1 answer:
Katen [24]3 years ago
8 0

Answer:

nothing to be carried forward to next year $7,000 deductible this year;

Explanation:

Investment income is a return on the investment. Interest Expense is the amount of interest paid on the investment amount taken as a loan. The maximum amount to be adjusted as an expense against investment income is the amount of Investment income. Expenses no more than investment income will be adjusted. Nothing to be carried forward to next year.

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Organizations and activities that are close to the end customer in a supply chain are said to be _______, while organizations an
Alik [6]

Answer:

a. downstream; upstream

Organizations and activities that are close to the end customer in a supply chain are said to be downstream activities, while organizations and activities that are close to the supplier in the supply chain are said to be upstream activities.

Explanation:

Upstream activities are those activities which bring information, raw materials to your organization in order to turn them into finished goods. Anything coming inside of your organization is simply termed as upstream portion of your entire supply chain.

Whereas, anything which is going out of your organization is defied as the downstream activities, which are mostly finished products. It is the mechanism which helps you reaching your goods to the final consumers in an efficient way. Both upstream and downstream activities are very much important for any organization's supply chain. If managed properly, it can proved you with a sustainable competitive advantage which will be very hard for the competitors to meet.

6 0
3 years ago
Green Frog is an environmentally friendly firm in the cosmetics industry. Even though Green Frog is environmentally friendly, th
kakasveta [241]

Answer:

D) Growth in earnings per share averaging 15% or better annually for the next five years

Explanation:

First of all, objectives must be well defined and measurable. That is why increasing profitability is a good idea but not a very good strategic objective, since a 0.00001% growth in profits will still comply with it. The same applies with growing market share.

Improving product quality will help improve total sales but it is not a financial objective.

The only financial objective that is precise and measurable is option D, which sets the goal of increasing earnings per share at least 15% every year.

5 0
3 years ago
In year 1 the average price of X is $10, and in year 2 the average price of X is $23. If consumers buy more units of X in year 2
xeze [42]

Answer:

D

Explanation:

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls

If good X is a normal good and the consumers income increases, the demand for good X would increase

It would have been that the Law of demand not supply that didn''t hold

according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

8 0
3 years ago
If Jordan makes only the minimum monthly payments in March, April, and May, what will his balance be after he makes the minimum
Mariulka [41]

Answer:

b. $988. 97 

Explanation:

6 0
3 years ago
Delta Company produces a single product. The cost of producing and selling a single unit of the product at the company’snormal a
iogann1982 [59]

I assumed you typo 821 by $21 per unit, then the answer will be

1-  financial disadvantage of accepting the special order is loss of $60,000

2- a minimum selling price for these units should be $14.00

Explanation:

Loss of $60,000 = 15,000 x (14,000 – (5.1+3.8+1+4.2+1.5+2.4))

a minimum selling price for these units is $14.00 per unit because it’s the price the company can earn if accept a special order, though lower than cost of producing and selling at $18.00

6 0
3 years ago
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