Tom loans $11,000 to his daughter tina. why would interest not be imputed on this loan? interest would not be imputed because the loan is less than the amount of the annual exclusion. interest would not be imputed because loans of $100,000 or less are exempt from both income tax and gift tax consequences. interest would not be imputed because tina has unearned income of $500. interest would not be imputed because tina’s earned income is less than $1,000.

Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.

You need $87,000 in 12 years. required: if you can earn .54 percent per month, how much will you have to deposit today?

Bathlinks corporation has a debt to assets ratio of 73%. this tells the user of bathlinks’s financial statements that a. bathlinks is getting a 27% return on its assets. b. there is a risk that bathlinks cannot pay its debts as they come due. c. 73% of the assets are financed by the stockholders. d. based on this measure, the user should not invest in bathlinks.