Business, 08.10.2019 20:00 franciscovazquez623
For 2018, thomas, a single parent, reported the following amounts relating to his investments: net investment income $ 7,000 interest expense on a loan to purchase stocks 2,000 interest expense on funds borrowed to purchase land for investment 6,000 what is the maximum amount that thomas could deduct in 2018 as investment interest expense?
Answers: 3
Business, 21.06.2019 21:30, haley816
Big trail running company has started to produce running apparel in addition to the trail running shoes that they have manufactured for years. they feel that a departmental overhead rate would best reflect their overall manufacturing overhead usage. based on research the following information was gathered for the upcoming year: machining department finishing department estimated manufacturing overhead by department $ 600 comma 000 $ 400 comma 000 trail running shoes 440 comma 000 machine hours 11 comma 000 direct labor hours running apparel 60 comma 000 machine hours 39 comma 000 direct labor hours manufacturing overhead is driven by machine hours for the machining department and direct labor hours for the finishing department. at the end of the year, the following information was gathered related to the production of the trail running shoes and running apparel: machining department finishing department trail running shoes 442 comma 000 hours 10 comma 500 hours running apparel 57 comma 000 hours 40 comma 000 hours how much manufacturing overhead will be allocated to the trail running shoes
Answers: 3
Business, 21.06.2019 21:50, sihamabdalla591
Franklin painting company is considering whether to purchase a new spray paint machine that costs $4,800. the machine is expected to save labor, increasing net income by $720 per year. the effective life of the machine is 15 years according to the manufacturer’s estimate. required determine the unadjusted rate of return based on the average cost of the investment.
Answers: 2
For 2018, thomas, a single parent, reported the following amounts relating to his investments: net...
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