In january of year 0, justin paid $4,800 for an insurance policy that covers his business property for accidents and casualties. justin is a calendar-year taxpayer who uses the cash method of accounting. what amount of the insurance premium may justin deduct in year o in each of the following alternative scenarios? a) the policy covers the business property from april 1 of year o through march 31 of year 1. b) the policy begins on february 1 of year 1 and extends through january 31 of year 2. c) assume justin paid s6,ooo for a 24-month policy that covers from april 1, year o through march 31, year 2. d) assume that instead of paying an insurance premium, justin paid s4,800 to rent his business property from april 1 of year o through march 31 of year 1.

answer; risk transference;

answercold,maybe nuclear war;

answercountries with higher real income per capita tend to have higher levels of this index.

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

arrowright

anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

arrowright

nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

arrowright