Margaret Lindley paid $15,050 of interest on her $300,500 acquisition debt for her home (fair market value of $500,500), $4,050 of interest on her $30,050 home-equity debt used to buy a new boat and car, $1,050 of credit card interest, and $3,050 of margin interest for the purchase of stock. Assume that Margaret Lindley has $10,050 of interest income this year and no investment expenses. Required:
How much of the interest expense may she deduct this year?

Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?

Why is following an unrelated diversification strategy especially advantageous in an emerging economy? a. it allows the conglomerate to overcome institutional weaknesses in emerging economies. b. it allows the conglomerate to form a monopoly in emerging economies. c. it allows the conglomerate to use well-defined legal systems in emerging economies. d. it allows the conglomerate to take advantage of strong capital markets in emerging economies.

Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.