subject
Business, 03.05.2021 22:50 sanakhalid8881

Margaret Lindley paid $15,120 of interest on her $301,200 acquisition debt for her home (fair market value of $501,200), $4,120 of interest on her $30,120 home-equity debt, $1,120 of credit card interest, and $3,120 of margin interest for the purchase of stock. Assume that Margaret Lindley has $10,120 of interest income this year and no investment expenses. How much of the interest expense may she deduct this year

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 02:00
True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false
Answers: 2
question
Business, 22.06.2019 10:30
Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?
Answers: 2
question
Business, 22.06.2019 11:40
On coral island in 2012, the labor force is 12,000, the unemployment rate is 10 percent, and the labor force participation rate is 60 percent. during 2013, 200 unemployed people found jobs and the working-age population increased by 1,000. the total number of people in the labor force did not change. the working-age population at the end of 2013 was the unemployment rate at the end of 2013 was round up to the second decimal. the labor force participation rate at the end of 2013 was round up to the second decimal.
Answers: 1
question
Business, 22.06.2019 12:20
Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups.b. we cannot infer anything from these data since the distribution of salaries is likely right skewed.c. you cannot draw any valid conclusions because the sample sizes are different.d. more students should complete internships because having an internship produces a higher salary.
Answers: 1
You know the right answer?
Margaret Lindley paid $15,120 of interest on her $301,200 acquisition debt for her home (fair market...
Questions
question
Mathematics, 06.07.2021 18:40
question
Mathematics, 06.07.2021 18:40
question
Mathematics, 06.07.2021 18:40
question
Mathematics, 06.07.2021 18:40
question
Mathematics, 06.07.2021 18:40
Questions on the website: 13722363