Based on the amount paid for the tickets and their fair value, the portion that is entitled to <u>charitable contribution deduction</u> is $75.
When one buys a ticket to a charitable event, there is a chance that some of the ticket price can be treated as a charitable contribution deduction.
The part that can be treated as such is anything in excess of the fair value of the ticket. This amount in this case is:
= 200 - 125
= $75
In conclusion, the answer is $75.
Find out more on <u>charitable contribution deductions</u> at brainly.com/question/8706786.
I believe the answer is b
Answer:
A
Explanation:
The econimac situatiom will detertoarte further.
Answer:
8%
Explanation:
The Coupon rate can be defined as the rate of interest that is paid by issuers of bond on the face value of the bond. This is the periodic interest rate that is paid by bond issuers to their purchasers.
For this question
The face value of the bond is 1000 dollars
The coupon is 80 dollars
Such that We have
80/1000
= 0.08
This is 8% coupon rate.
Answer:
1. Aunt Sandy's Jammin' Jellies (the business) - <u>Entrepreneurs </u>
Entrepreneurship refers to the process of bringing together the various other factors of production to be able to produce goods and services. Aunt Sandy's as a business is an entrepreneur as it brought together factors of production to make Jellies.
2. Anika, a server at Sonic Drive-In - <u>Labor</u>
Labor refers to the actual people who contribute to the business. Anika is a server at the Drive- In and so works there contributing to the success of the business so she is Labor.
3. Your favorite bartender - <u>Labor</u>
Like Anika above, your favorite bartender is also a person contributing to the success of the bar so is considered labor.
