Answer:
d. $ 46,500
Explanation:
Particulars Amount Remarks
Interest income $15,000 Given
Qualified dividends $9,000 Given
Net capital gain $22,500 Given
Total $46,500
The maximum amount of Chen's Investment interest expense deduction for the year is $46,500
Answer:
Hi there!!
$159,936
Explanation:
Sales proceeds $475,000
Less: book value
Cost $383,500
Accumulated depreciation <u> $(68,436) </u> <u> $315,064 </u>
Gain $159,936
Since Sylvio has maintained its investment for more than a year, the tax law allows reducing the tax on capital gain although the form of calculation of the profit is the same as for common cases.
In this case tax rate drops from 39.6% to 20%.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
I believe the answer is A. <span>decrease; increase
</span><span>lowering the costs of production means that the company could still obtain the same amount of profit while reducing the price on the market.
Due to the development of technology, the production process will become more efficient, which lead to an increase of total quantity of the products on the market.</span>
If you are young and you have a career plan then it will help you in your future because you know what you want to be and you will have a career to chase and work for
