Business, 12.08.2020 07:01 nayely1020
Shellie, a single individual, received her Bachelor’s degree in 2018 and took a job with a salary of $45,000 per year. In 2019, she began paying interest on qualified education loans. She was able to pay $1,500 in 2019. Which of the following statements is not correct?
a. Taxpayers are not allowed a deduction for education loan interest in 2019.
b. If her income had been $60,000, the deductible amount would have been phased out.
c. If her payment had been $3,000, only $2,000 would have been deductible in arriving at AGI and the $1,000 excess would have been treated as nondeductible consumer interest.
d. The full $1,500 is deductible in arriving at adjusted gross income (AGI).
Answers: 2
Business, 22.06.2019 13:50
Diamond motor car company produces some of the most luxurious and expensive cars in the world. typically, only a single dealership is authorized to sell its cars in certain major cities. in less populous areas, diamond authorizes a single dealer for an entire state or region. the manufacturer of diamond automobiles is using a(n) distribution strategy for its product.
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Business, 22.06.2019 16:30
Why is investing in a mutual fund less risky than investing in a particular company’s stock?
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Business, 22.06.2019 17:30
Google started as one of many internet search engines, amazon started as an online book seller, and ebay began as a site where people could sell used personal items in auctions. these firms have grown to be so large and dominant that they are facing antitrust scrutiny from competition regulators in the us and elsewhere. did these online giants grow by fairly beating competition, or did they use unfair advantages? are there any clouds on the horizon for these firms -- could they face diseconomies of scale or diseconomies of scope as they continue to grow? if so, what factors may limit their continued growth?
Answers: 1
Business, 22.06.2019 21:00
Reagan corporation is a wholesale distributor of truck replacement parts. initial amounts taken from reagan's records are as follows:
Answers: 1
Shellie, a single individual, received her Bachelor’s degree in 2018 and took a job with a salary of...
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