On november 1 of year 0, jaxon borrowed $38,000 from bucksnort savings and loan for use in his business. in december, jaxon paid interest of $3,420 relating to the 12-month period from november of year 0 through october of year 1.
(do not round intermediate calculations.)
how much interest, if any, can jaxon deduct in year 0 if his business uses the cash method of accounting for tax purposes?

The wall street journal reported that walmart stores inc. is planning to lay off 2,300 employees at its sam's club warehouse unit. approximately half of the layoffs will be hourly employees (the wall street journal, january 25-26, 2014). suppose the following data represent the percentage of hourly employees laid off for 15 sam's club stores. 55 56 44 43 44 56 60 62 57 45 36 38 50 69 65 (a) compute the mean and median percentage of hourly employees being laid off at these stores. (b) compute the first and third quartiles. (c) compute the range and interquartile range. (d) compute the variance and standard deviation. (e) do the data contain any outliers? (f) based on the sample data, does it appear that walmart is meeting its goal for reducing the number of hourly employees?