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uranmaximum [27]
3 years ago
8

The Turtle Society, a nongovernmental not-for-profit organization, receives numerous contributed hours from volunteers during it

s busy season. Chris, a clerk at the local tax collector's office, volunteered ten hours per week for 24 weeks transferring turtle food from the port to the turtle shelter. His rate of pay at the tax office is $10 per hour, and the prevailing wage rate for laborers is $6.50 per hour. What amount of contribution revenue should Turtle Society record for this service
Business
1 answer:
rodikova [14]3 years ago
7 0

Answer:

$0

Explanation:

Not-for-profit organizations are required to record donations, e.g. money, food, clothes, etc., but they are not required to record voluntary work. In this case, Chris was a volunteer who spent 240 hours caring for turtles. It doesn't matter how much does Chris earns in his normal job, he cannot deduct volunteer work and the Turtle Society does not need to record his work either.

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You are starting a family pizza parlor and need to buy a motorcycle for delivery orders. You have two models in mind. Model A co
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Data and Calculations:

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Costs of motorcycle              $8,200        $13,600

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PV of annual maintenance  $3,825.04   $4,436.48

Total NPV of costs             $12,025.04  $18,036.48

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Thus, the equivalent annual costs of each model are the dividend of the Total NPV costs divided by the Annuity Factor.

Learn more about the equivalent annual costs (EAC) here: brainly.com/question/25343720

8 0
2 years ago
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one it makes sense & it fits in the context of the sentence

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3 years ago
A company is offering perpetual preferred stock (its dividend payments last forever) with a fixed annual dividend of $100. If yo
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