1. When distribution team members use replenishment reports to retrieve quantities of items to be sent to stores they are:

This year Randy paid $29,050 of interest on his residence. (Randy borrowed $464,000 to buy his residence, and it is currently wo

Luden [163]

Answer:

the last part of the question is missing, so I looked for it:

a. Randy received $2,200 of interest this year and no other investment income or expenses. His AGI is $75,000.

b. Randy had no investment income this year, and his AGI is $75,000.

a) Randy can deduct $31,575:

the mortgage interest is deductible
the car loan interest is not deductible
he can deduct $4,725 - $2,200 = $2,525 as investment interest expense

b) Randy can deduct $29,050

the mortgage interest is deductible
the car loan interest is not deductible
since he had no investment revenue, he cannot deduct any investment interest expense

5 0

3 years ago

(Consider This) In the middle ages, the French government auctioned off monopoly rights to the sale of salt. Economic theory pre

ollegr [7]

Babbabababooeeeeeeeeeee

6 0

2 years ago

If real income rises from $5 trillion to $6 trillion while the price level increases by 10 percent, it follows that nominal inco

AVprozaik [17]

The nominal income will increase with the increase in the real income.

<u>Explanation:</u>

Real income of the person is the buying or the purchasing capacity of the person. It is the nominal income adjusted for inflation. If there is an increase in the real income more than the increase in the level of the prices at a particular period of time, it means that the level of nominal income of the person will also increase.

7 0

3 years ago

Marshall owns and operates a construction firm. He uses inexpensive and low-grade building products and accepts inferior carpent

Kitty [74]

Answer:

The correct option is (d)

Explanation:

Ethics is considered above law as law requires just compliance of laws, rules and regulations. Ethics on the other hand establishes a standard of moral conduct. Being mere legal does not mean that something is ethical. Ethical responsibilities are not codified as it is expected from businesses to follow the same.

Here, Marshall, though complied with legal frameworks, he failed to fulfill his ethical obligations by using low-grade products that could harm the general public in future.

3 0

3 years ago

High Country Apparel signed a $75,000, two-year, interest-bearing, 5% note on October 1, 20XX. The maturity value of the note is

Ket [755]

Based on the information given the maturity value of the note is: $82,500.

Using this formula

Maturity value of note=Principal amount+(Principal amount× Number of year× Interest rate)

Where:

Principal amount=$75,000

Number of year=2 year

Interest rate=5% or 0.05

Let plug in the formula

Maturity value of note=$75,000+($75,000×2 year×0.05)

Maturity value of note=$75,000+$7,500

Maturity value of note=$82,500

Inconclusion the maturity value of the note is: $82,500.

Learn more about maturity value of note here:brainly.com/question/24374294

4 0

2 years ago