How much milk does a holstein cow produce per year.

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

In a pure market economy: Question 8 options: A) production is determined by the interaction of supply and demand. B) the prices

LenaWriter [7]

Answer:

A) production is determined by the interaction of supply and demand.

Explanation:

A pure market economy is an economy where production decisions are made by the forces of demand and supply. there is no intervention of the government in production decisions

Characteristics of a pure market economy

Private ownership of means of production
freedom of choice. Producers are free to produce what they desire
competition among producers
no government intervention.

4 0

3 years ago

Four years ago, a popular sandwich company used to sell 12-inch roast beef subs for only $5, but the same product now costs $7.6

Alex17521 [72]

Answer:

11.36%

Explanation:

Divide the new price of roast beef with the old one. 7.69 / 5

7.69 ÷ 5 = 1.538

Also divide 1 with the number of years inflation occur

1 ÷ 4 = 0.25

Next, is to raise the first answer gotten to the power of second.

1. 538 ^ 0.25 = 1.113625

Subtract from from 1

1 - 1.1136235 = -0.1136 = - 11.36%

8 0

3 years ago

Brewster’s is considering a project with a 5-year life and an initial cost of $120,000. The discount rate for the project is 12

Ket [755]

Answer:

NPV = $27,792

Explanation:

Net Present Value = Present Value of Future Cash Flows - Initial Investments

To compute the Present value of Future Cash Flows, we need to first compute the cash inflows during the life of the project:

Year 1: 2,100 * 20 = $42,000

Year 2: 2,100 * 20 = $42,000

Year 3: 2,100 * 20 = $42,000

The units of Year 4 and Year 5 are calculated as follows:

⇒ (0.5 * 1,400) + (0.5 * 2,500) = 1,950 units

Year 4: 1,950 * 20 = $39,000

Year 5: 1,950 * 20 = $39.000

Now, discount the cash inflows at a rate of 12% to calculate the Present Value of Future Cash Flows

⇒ 42,000 + 42,000+ 42,000 + 39,000 + 39,000

(1.12)^1 (1.12)^2 (1.12)^3 (1.12)^4 (1.12)^5

⇒ 37,500 + 33,482 + 29,895 + 24,785 + 22,130

⇒ $147,792

Net Present Value = Present Value of Future Cash Flows - Initial Investments

NPV = 147,792 - 120,000

NPV = $27,792

3 0

3 years ago

The manufacturing units of phoenix autos inc. uses a facility layout in which the workers remain in one location and the automob

CaHeK987 [17]

The use of a system in which a physical product - in this case an automobile - is moved from one worker to the other, each of whom performs a specific assigned task upon the product, is known as an assembly line. This is a production concept whose creation is attributed to Ransom Olds, but has also been heavily utilized by Ford Motors since its early days. Specialized robots can also be utilized instead of human labor.

3 0

3 years ago