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vovikov84 [41]
3 years ago
10

Margaret Lindley paid $15,040 of interest on her $300,400 acquisition debt for her home (fair market value of $500,400), $4,040

of interest on her $30,040 home-equity loan, $1,040 of credit card interest, and $3,040 of margin interest for the purchase of stock. Assume that Margaret Lindley has $10,040 of interest income this year and no investment expenses. How much of the interest expense may she deduct this year
Business
1 answer:
Brums [2.3K]3 years ago
6 0

Answer:

$23,160

Explanation:

The Total interest = 15,040 + 4040 + 1040 + 3040

Total interest = $23,160

Hence, the Interest deductable this year = $23,160

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why might a company decide to outsource (i.e., buy) a product that they currently make in their company-owned operations?
mestny [16]

Companies outsource to save costs or improve the value of their goods. There are several options when deciding whether to outsource a business' operations or production.

The use of outsourcing has increased as a way for businesses to cut expenses and concentrate on what they do best. A business precise known as outsourcing involves a corporation hiring a third party to carry out duties, manage operations, or offer services on their behalf.

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3 0
2 years ago
Zwick company bought 28,000 shares of the voting common stock of handy corporation in january 2018. in december, handy announced
OLEGan [10]

Answer:

Zwick company's dividend revenue from Handy corporation in December 2018 would be = $280,000

Explanation:

Since Zwick company has bought 28,000 shares of Handy Corp. and Handy has announced a cash dividend of $10 per share. We will calculate Zwick company's dividend revenue would be,

Dividend revenue = ownership shares x dividend per share

Dividend revenue = 28,000 shares x $10 per share = $280,000

5 0
3 years ago
What happens if you're not home to sign for a package?
posledela
They take it back but they put their number in you house so when you get back you can call them and they will deliver the package
5 0
4 years ago
XCEL Corporation paid a dividend yesterday for $1.50. They expect to pay dividends annually at a constant 6 percent annual growt
serious [3.7K]

Answer:

$26.50

Explanation:

The computation of the current value of the common stock is shown below:

Current price is

= Current year dividend ÷ (Required rate of return - Growth rate)

where

Current year dividend is $1.59

The Required rate of return is 12%

ANd, the growth rate is 6%

Now place these values to the above formula

So, the current price of the common stock is

= ($1.50 × 1.06) ÷ (0.12 - 0.06)  

= $1.59 ÷ 0.06

= $26.50

6 0
3 years ago
Department D had materials costs of $10,000 in beginning work in process inventory and added an additional $50,000 in materials
viva [34]

Answer:

$3

Explanation:

Cost per Equivalent Unit =Total materials costs/EUP

Beginning Costs=10,000

Additional Costs=50,000

Total Costs=10,000+50000=$60,000

EUP=20,000

So

$60,000/20,000=$3

5 0
3 years ago
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