Which of the following interest expense amounts is not deductible in 2018?
a. points of $2,0...
Business, 14.11.2019 05:31 biaxialpower789
Which of the following interest expense amounts is not deductible in 2018?
a. points of $2,000 paid on a mortgage loan for the purchase of a new principal residence.
b. education loan interest of $2,000, assuming the taxpayer is single and has income of $150,000.
c. investment interest expense of $10,000, assuming the taxpayer has $15,000 of investment income.
d. home equity loan interest of $9,000 on a loan of $100,000, the proceeds of which were used to purchase an addition to the taxpayer's primary residence.
Answers: 3
Business, 22.06.2019 18:00
Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to:
Answers: 2
Business, 22.06.2019 19:30
Adisadvantage of corporations is that shareholders have to pay on profits.
Answers: 1
Business, 22.06.2019 19:40
The common stock of ncp paid $1.35 in dividends last year. dividends are expected to grow at an annual rate of 5.30 percent for an indefinite number of years. a. if ncp's current market price is $22.57 per share, what is the stock's expected rate of return? b. if your required rate of return is 7.3 percent, what is the value of the stock for you? c. should you make the investment? a. if ncp's current market price is $22.57 per share, the stock's expected rate of return is
Answers: 3
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