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Studentka2010 [4]
4 years ago
10

Mr. Able wants to set up a tax-deductible fund to be used to support young talented individuals to enhance their abilities. What

would you recommend Mr. Able do?
Business
1 answer:
Gre4nikov [31]4 years ago
8 0

Answer:

Mr. Able have to open a Private Foundation to set up a Tax-deductible fund.

Explanation:

  • They will exclude donations up to 30 per cent to 60 per cent of our income, based on the charity's existence and tax-exempt status.
  • You will state your expenses to assert a charitable deduction on your tax return.
  • Private foundation contributions are tax deductible up to 30 percent of the adjusted gross benefit for assets and up to 20 percent of the income for assessed shares, with a five-year hold forward.

therefore Mr Able must donate his funds

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The most significant conceptual difference between the arbitrage pricing theory (i.e. APT or factor model) and the capital asset
AysviL [449]

Answer:

Option C: Recognizes only one systematic risk factor

Explanation:

Arbitrage pricing theory (APT) is a theory of risk-return relationships gotten from no-arbitrage and considerations in large capital markets

APT was said to be developed by Steve Ross, 1976 and it uses "No-Arbitrage" Assumption. It was designed mainly to provide "economic" variables to the determination of asset pricing.

capital asset pricing model (CAPM) is simply a model that shows the required rate of return on a security to its systematic risk as taken up or measured by beta.

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3 years ago
Which one of the following private property owners is exempt from federal fair housing laws? The property owner is a church and
sp2606 [1]

Most housing is covered under the Fair Housing Act. The Fair Housing Act has a few exceptions, including:

  • A home with four units or fewer, provided that the owner resides in one of them. It's crucial to note, however, that these homes are not exempt from the Pennsylvania Human Relations Act unless they have just two units, one of which is owner-occupied.
  • If the private individual owner doesn't own more than three such single-family residences at once, single-family housing can be sold or rented without the help of a broker. Please be aware that since this exemption is not included in the Pennsylvania Human Relations Act, these residences are not exempt in Pennsylvania.
<h3>What are the exemptions to the Fair Housing Act?</h3>

There are a few exemptions to the Fair Housing Act: A dwelling with four or fewer units, if the owner lives in one of the units – however, it is important to note that these dwellings are not exempt from the Pennsylvania Human Relations Act unless they contain only two units, with one being owner occupied.

<h3>Is Marian exempt from the Fair Housing Act?</h3>

Marian falls under the "Mrs. Murphy" exemption to the federal Fair Housing Act, but there is no such exemption from the Civil Rights Act of 1866, which prohibits discrimination based on race.

Learn more about Fair Housing Act:

<u>brainly.com/question/12832875</u>

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8 0
1 year ago
What is a compound interest?
son4ous [18]

Answer:

Compound interest  is interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan. Interest can be compounded on any given frequency schedule, from continuous to daily to annually.

Explanation:

3 0
3 years ago
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Which strategy best help a famous brand company reach consumers?
Artemon [7]
It would be National Advertisement for significant results<span />
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3 years ago
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All of the following statements about an operation-costing system are true except: a. direct-material cost is traced to each bat
Ksivusya [100]

Answer:

The correct answer is letter "D": direct material and conversion costs are traced to each batch of product produced.

Explanation:

The operation-costing system is based on the principle that in large entities where manufacturing is almost the same for all products, costs can be assigned to units produced and the result of adding all those costs should equal the costs assigned in groups of units produced or batches.

<em>Conversion costs are a combination of direct labor and manufacturing overhead costs. Conversion costs are traced by adding the direct costs to the conversion costs of an operation day by the number of units produced in the day.</em>

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4 years ago
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