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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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Approximately two decades after a "baby boom," one could expect___________.
lana [24]

Answer:

b. an outward shift of the production possibilities curve along both axes

Explanation:

As we know that outward shift refers to the growth.

Baby boomers is a term used for the human generation born between 1946 and 1964 after the end of world war 2 when the birth rate across the world was narrowed and thereafter the emerging births of new infants were known as Baby Boom.

The main reasons of this outward shift were:

  • People started new families to cover the life gap of the loved ones they lost during the world war
  • People hoped that coming era will be of peace and business growth which they actually saw thereafter
  • People hoped to see the economic growth in upcoming years leading them towards business expansions and production growths as well
7 0
3 years ago
Which type of account typically has low liquidity? AMoney Market Account BCertificate of Deposit (CD) CChecking Account DSavings
natta225 [31]
Likely B. Liquidity is basically the measurement of how quickly a given investment can be turned into cash. If you can sell it or take money from it quickly, it is liquid. Any one of the others (A, C or D) can be withdrawn from in a short time, and thus are very liquid. CDs, however, are set to a specified amount of time. You deposit money for, say, 5 years and then are allowed to withdraw it, not before. Thus, it is not liquid.
8 0
3 years ago
The Wildhorse Company has disclosed the following financial information in its annual reports for the period ending March 31, 20
kiruha [24]

Answer: $535,251.25

Explanation:

Cash flow to investors from operating activities is calculated by:

= EBIT + Depreciation - Taxes

EBIT = Sales - Cost of goods sold - Depreciation

= 1,484,000 - 803,000 - 175,000

= $506,000

Taxes = Tax rate * (EBIT - Interest)

= 35% * (506,000 - 89,575)

= $145,748.75

Cash flow to investors = 506,000 + 175,000 - 145,748.75

= $535,251.25

3 0
3 years ago
Shuster’s lease of retail premises from Thurgood requires Shuster to pay certain fees, subject to the landlord’s proof of the co
Assoli18 [71]

Answer:

correct option is c) with prompt notice.

Explanation:

solution

Shuster lease by Thurgood  for pay certain fee  so the tenant can rescind the with prompt notice because Shuster is overcharge without the any explanation its mean that Thurgood is not performing his any duty rightly

so that Shuster is entitle to the withdraw an contract

correct option is c) with prompt notice.

4 0
3 years ago
Which of the following is a likely reason for choosing FDI instead of licensing?
Romashka [77]

Answer:

The correct option is B

Explanation:

FDI is an investment in the business through an investor from another country and control is with the foreign investor over the company purchased.

Licensing means all the contracts to which the third part has granted or licensed any right to its subsidiaries or company.

So, the reason for preferring FDI instead of license is sharing the intellectual know how with the foreign rival might be risky as this is a limitation in licensing.

8 0
2 years ago
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