Jackie is in the 28% marginal tax bracket and has no other itemized deductions except those related to her home. If her standard deduction is $4,750 and she incurs the following costs related to housing, how much tax savings will she receive as a result of her home purchase? Mortgage interest $14,000 Principal repayment $ 800 Homeowner's insurance $ 1,000 Real estate taxes $ 4,000 Homeowner's
association fees $ 1,200
a. $13,250
b. $ 5,040
c. $ 3,710
d. $ 2,800
e. none
C
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Oscar told Pete not to go to the local burger joint because the last few times he had been there, the food wasn’t very good and the service was even worse. Pete asked Oscar how long it had been since he had been to the place and Oscar said “about a year.” Pete wondered if things had gotten better at the burger place and why Oscar said it was so bad when he hadn’t been there in a year. Oscar clearly is guilty of using which of the following?
A. allness B. halo effect C. frozen evaluations D. prescriptive behavior
Land Services, Inc. owns 32% of voting stock of World Investments, Inc. During the year 2018, World Investments, Inc. earned profits of $320,000. Under the equity method, which of the following journal entries will Land Services record?
Apparel manufacturers send overruns and factory seconds to ________, while they send new merchandise to department stores
A) convenience stores B) discount stores C) off-price retailers D) supermarkets E) superstores
Triplett’s finding that the presence of other people increases performance is called:
a. Scientific management b. Social facilitation c. Binging d. Social identification e. Social representation