On November 1 of year 0, Jaxon borrowed $37,000 from Bucksnort Savings and Loan for use in his business. In December, Jaxon paid interest of $3,330 relating to the 12-month period from November of year 0 through October of year 1.a. How much interest, if any, can Jaxon deduct in year 0 if his business uses the cash method of accounting for tax purposes?b. How much interest, if any, can Jaxon deduct in year 0 if his business uses the accrual method of accounting for tax purposes?

Haley photocopying purchases a paper from an out-of-state vendor. average weekly demand for paper is 150 cartons per week for which haley pays $15 per carton. in bound shipments from the vendor average 1000 cartoons with an average lead time of 3 weeks. haley operates 52 weeks per year; it carries a 4-week supply of inventory as safety stock and no anticipation inventory. the vendor has recently announced that they will be building a faculty near haley photocopying that will reduce lead time to one week. further, they will be able to reduce shipments to 200 cartons. haley believes that they will be able to reduce safety stock to a 1-week supply. what impact will these changes make to haley’s average inventory level and its average aggregated inventory value?