subject
Business, 12.11.2019 02:31 lovemusic4

Jarret owns city of charleston bonds with an adjusted basis of $190,000. during the year, he receives interest payments of $3,800. jarret partially financed the purchase of the bonds by borrowing $100,000 at 5% interest. jarret's interest payments on the loan this year are $4,900, and his principal payments are $1,100. a. how much reportable interest income does jarret have this year?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 21:50
Abus pass costs $5 per week. which of the following equations shows the total cost in dollars, t, of the bus pass for a certain number of weeks, w? t = 5w w = 5t t = 5 + w w = 5 + t
Answers: 3
question
Business, 22.06.2019 22:00
In 2018, laureen is currently single. she paid $2,800 of qualified tuition and related expenses for each of her twin daughters sheri and meri to attend state university as freshmen ($2,800 each for a total of $5,600). sheri and meri qualify as laureen’s dependents. laureen also paid $1,900 for her son ryan’s (also laureen’s dependent) tuition and related expenses to attend his junior year at state university. finally, laureen paid $1,200 for herself to attend seminars at a community college to her improve her job skills.what is the maximum amount of education credits laureen can claim for these expenditures in each of the following alternative scenarios? a. laureen's agi is $45,000.b. laureen’s agi is $95,000.c. laureen’s agi is $45,000 and laureen paid $12,000 (not $1,900) for ryan to attend graduate school (i.e, his fifth year, not his junior year).
Answers: 2
question
Business, 23.06.2019 00:40
Oliver queen buys 100 shares of stock in green arrow archery corporation, a publicly traded company with which he is not affiliated as a director, officer, or employee. he then sells his 100 shares to john diggle. the sec sues oliver because he didn't register the sale of stock to john. who wins? oliver, because the sale falls into the nonissuer exemption oliver, because the sale falls into the private placement exemption the sec, because the transaction is not exempt from registration the sec, because even exempt transactions must be registered with the sec
Answers: 3
question
Business, 23.06.2019 01:30
Determine allison's december 31, 2018, investment in mathias balance.
Answers: 2
You know the right answer?
Jarret owns city of charleston bonds with an adjusted basis of $190,000. during the year, he receive...
Questions
question
Mathematics, 30.05.2021 08:20
question
Mathematics, 30.05.2021 08:20
question
Social Studies, 30.05.2021 08:20
question
Mathematics, 30.05.2021 08:20
question
English, 30.05.2021 08:20
question
History, 30.05.2021 08:20
Questions on the website: 13722362