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andre [41]
3 years ago
15

John paid $10,000 in mortgage interest last year. He and his wife earned $150,000 from their jobs last year. Based on their circ

umstances, they can deduct the mortgage interest from their taxable income, meaning they only have to
pay federal income tax on what amount?
Business
1 answer:
____ [38]3 years ago
4 0

Answer:

$140,000

Explanation:

$150,000-$10,000= $140,000

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A tiger develops lockjaw and can no longer open its mouth. Which of the four life functions will not be able to perform? (it obv
Evgen [1.6K]

I believe the answer is: It won't be able to eat.

In wild life, this type of condition is basically a death sentence for the organism who experience it. The only way for the tiger to survive in such situation is only if humans making an intervention by surgically fix them or find another pathways to injects the nutrition into the tiger's body.

3 0
3 years ago
Jobs of financial
sukhopar [10]

Answer:

The answer is option B) without a carefully calculated financial plan, a firm has little chance for survival, regardless of its product or marketing effectiveness.

Explanation:

The financial plan of an organization also known as financials is a record used to determine how a business will afford to achieve its strategic goals and objectives.

The Financial Plan collates each of the activities, resources, equipment and materials that are needed to achieve these objectives and specify time frames involved.

A financial plan contains a sales forecast, expense budget, cash flow statement, income projections, asset and liabilities, depreciation table, break even analysis and pre-operating costs. It shows whether the firm is making profit or running at a loss.

It is usually prepared in a spreadsheet.

This plan is what the bank and investors will need to evaluate your business.

Without a carefully calculated financial plan, a firm has little chance for survival, regardless of its product or marketing effectiveness.

8 0
3 years ago
A process cost system would be used for all of the following products except computer chips. motion pictures. chemicals. soft dr
denpristay [2]

One thing that a process cost system cannot be used for from the given options is Motion pictures.

<h3>What is process costing?</h3>

This is a method of allocating cost that is based on the same item being mass-produced such that there is no discernable difference between the goods that were produced.

Motion pictures cannot be mass produced which is why they cannot use process costing, Every motion picture is unique and so something more specific is needed to apportion their cost.

Find out more on process costing at brainly.com/question/17129908

#SPJ1

5 0
2 years ago
Carolyn McGee wants to get into fashion merchandising. Because of the risks involved in high fashion, and how quickly fashions g
leva [86]

Answer:

c) merchant wholesaler

Explanation:

A  merchant wholesaler is a business unit that buys merchandise in bulk from manufacturers and resells to retailers in smaller quantities. The wholesale business has profit motives. It forms a link between manufacturers and retailers.

Unlike agents and brokers, merchant wholesalers take ownership of the goods they buy.  Carolyne should avoid becoming a merchant wholesaler. As a wholesaler, she will own all the merchandise she purchases. She can choose to be either an agent or broker as these do not take title to the merchandise.  

7 0
4 years ago
National Bank quotes the following for the British pound and the New Zealand dollar: Quoted Bid Price Quoted Ask Price Value of
Snowcat [4.5K]

Answer:

$15.43

Explanation:

Following actions are required for triangular arbitrage:

Available: $ 10,000

Buy sterling pound @ 1 $ = 1.62 pounds and receive pounds 6172.84 upon conversion.

Now, sell these pounds and purchase NZ $ at the rate :

1 pound = NZ $ 2.95 and receive NZ$ 18209.87

Now, reconvert the above proceeds into US $ at the rate

1 NZ $ = $0.55 i.e sell NZ $ at this rate and receive US $ 10,015.4285

Hence profit from implementing triangular arbitrage is $10,015.43 - $10,000

= $15.43

Arbitrage refers to the prospect of earning a profit by utilizing the mispricing in two different financial markets. An arbitrageur never uses his own funds and always borrows.

Arbitrage works only in the scenario wherein the interest rate purchase parity (IRPT) does not hold good.

The strategy of arbitrage is best explained as "Buy at low price and sell at a high price".

 

7 0
3 years ago
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