Brenda invested in the following stocks and bonds during 2010.
To finance the investments,she borrowed $100,000 from Swan Bank.Interest expense paid on the loan during 2010 was $6,000.During 2010,Brenda received $2,400 of dividend income from Green,Inc.and $3,200 of interest income on the municipal bonds.

Question

Brenda invested in the following stocks and bonds during 2010.
  To finance the investments,she borrowed $100,000 from Swan Bank.Interest expense paid on the loan during 2010 was $6,000.During 2010,Brenda received $2,400 of dividend income from Green,Inc.and $3,200 of interest income on the municipal bonds.

Quizplus · Accepted Answer

The Answer of Brenda invested in the following stocks and bonds during 2010.
  To finance the investments,she borrowed $100,000 from Swan Bank.Interest expense paid on the loan during 2010 was $6,000.During 2010,Brenda received $2,400 of dividend income from Green,Inc.and $3,200 of interest income on the municipal bonds.

Brenda Invested in the Following Stocks and Bonds During 2010