Ramon incurred $83,100 of interest expense related to his investments this year. his investment income included $34,500 of interest and a $37,500 net capital gain on the sale of securities. ramon has asked you to compute the amount of his deduction for investment interest, taking into consideration any options he might have. what is the maximum amount of ramon's investment interest expense deduction in the current year?

a. $19,500.

b. $34,500.

c. $72,000.

d. $83,100.

e. none of the above

The plastic flowerpots company has two manufacturing departments, molding and packaging. at the beginning of the month, the molding department has 2,100 units in inventory, 70% complete as to materials. during the month, the molding department started 18,500 units. at the end of the month, the molding department had 3,150 units in ending inventory, 80% complete as to materials. units completed in the molding department are transferred into the packaging department. cost information for the molding department for the month follows: beginning work in process inventory (direct materials) $ 1,300 direct materials added during the month 28,900 using the weighted-average method, compute the molding department's (a) equivalent units of production for materials and (b) cost per equivalent unit of production for materials for the month. (round "cost per equivalent unit of production" to 2 decimal places.)

Which statement is true of both presidential and parliamentary systems of government? a. the executive branch operates independently from the legislative branch. b. the members of the legislative branch are directly elected by the people. c. the head of government is chosen by members of his or her political party. d. the head of government is directly elected by the people

If you miss two payments on a credit card what is generally the penalty