Question:Why can a lender not deduct the loans made from their net income? 

A Because there is no reduction in their assets — there is only a change from cash assets to receivables 
B Because it is considered the income of the borrower 
C Because it has minimal impact on tax revenue 
D Because there is no need to include it as long as the loan is paid back within a year 

+ Answer
D 

+ Explanation
Answer not sure

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Md. Habib Ullah

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