Answers : last in, first out
Explanation:
Answer:
finance , social life , academics and personal life
Answer:
Explanation:
SOLUTION
Current year deduction of $3 million, carry forward of $200,000.
Reason:-
Business interest deduction limitation
Business Interest Income = $300000
+ 30% *$9m ie $2.7m
Total current year deduction = $3m
Remaining $200,000 will be allowed next year.
Even though stocks, securities, and mutual funds are higher-risk investments, many people invest in them because they give higher rate of return.
<span>The rate of return are higher on high risk investments compared with low risk investments. This is because high risk investment have a big possibility of incurring losses, however, if said investment venture is successful and it generates a huge profit, its return is also bigger than when you invest in low risk investments.</span>
Answer:
($200)
Explanation:
Calculation to determine What would be the incremental effect on the company's overall profit of reworking and selling the material rather than selling it as scrap
Sales value of reworked material: $31,600
Less: Cost to rework material: $1,500
Net Sales Value: $30,100
Current Scrap Value: $30,300
Net Disadvantage: ($200)
($30,100-$30,300)
Therefore What would be the incremental effect on the company's overall profit of reworking and selling the material rather than selling it as scrap is ($200)
