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olga nikolaevna [1]
3 years ago
8

Chen incurred $ 58, 500 of interest expense this year related to his investments. His investment income includes $ 15,000 of int

erest,$ 9,000 of qualifted dividends, and a $ 22,500 net capital gain on the sale of securities. The maximum amount of Chen's Investinent interest expense deduction for the year is:_________.
a. $ 16,000
b. $ 24,000
c. $ 37,500
d. $ 46,500
e. None of these
Business
1 answer:
nadya68 [22]3 years ago
7 0

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

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6. Global Exporters wants to raise $31.3 million to expand its business. To accomplish this, it plans to sell 15-year, $1,000 fa
kvv77 [185]

Answer:The minimum number of bonds it must sell to raise the money it needs will be 73,242 bonds

Explanation:

Number of bonds = Amount need to expand business / Bond price

But

Bond price = $1,000 / [1 + (0.0575 / 2)^(15 × 2)

Bond price = $1,000 / 1.02875 ^ 30

Bond price = $1,000 /2.340

Bond price = $427.350

Therefore the Number of bonds = $31, 300,000 / $427.350

Number of bonds= 73,242 bonds

The minimum number of bonds it must sell to raise the money it needs will be 73,242 bonds

8 0
3 years ago
Janet's Performance Pizza is a small restaurant in Miami that sells gluten-free pizzas. Janet's very tiny kitchen has barely eno
zzz [600]

Answer:

Janet's Performance Pizza

Marginal Product of Labor

Labor            Output                    Marginal

         (Number of workers)   Product of Labor

                   (Pizzas)                     (Pizzas)

0                        0                           0

1                       70                         70

2                    120                         50

3                    160                         40

4                    190                         30

5                   200                         10

Explanation:

a) Data and Calculations:

Labor            Output                    Marginal

         (Number of workers)   Product of Labor

                   (Pizzas)                     (Pizzas)

0                         0                           0 (0 - 0)

1                        70                         70 (70 - 0)

2                     120                         50 (120 - 70)

3                     160                         40 (160 - 120)

4                     190                         30 (190 - 160)

5                    200                         10 (200 - 190)

b) Janet Performance Pizza's marginal product of labor describes the change in the number of pizzas that the restaurant produces by employing one more unit of labor (worker).

4 0
3 years ago
Marlin Davies buys a truck for $28,000. In three years, the truck depreciates 48% in value. How much is the truck worth in three
fenix001 [56]
The answer is B 
hope this helps :)
8 0
3 years ago
Read 2 more answers
A purchase of a new issue of stock takes place Group of answer choices in the primary market. in the secondary and primary marke
mash [69]

Answer:

in the primary market and usually with the assistance of an investment banker.

Explanation:

Primary markets are ones where newly issues securities are sold. When companies seek to gain capital from investors, they issue securities that can be bought buy investors in exchange for capital.

Investment bankers are usually involved in the sale of securities in the primary markets. They obtain the securities on behalf of the investors.

Primary markets are also called new issues market

7 0
3 years ago
45 on low of 6 a b c or d
MA_775_DIABLO [31]

Answer:

c

Explanation:

7 0
3 years ago
Read 2 more answers
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