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meriva
4 years ago
8

Pat gave 5,000 shares of stock in Coyote Corporation (a publicly traded corporation) to her church (a qualified charitable organ

ization) in the current year. The stock was worth $180,000 and she had acquired it as an investment four years ago at a cost of $120,000. She reported AGI of $300,000 for the year. In completing her current income tax return, how much is her current-year charitable contribution deduction?a.$180,000
b.$150,000

c.$120,000

d.$90,000
Business
1 answer:
frutty [35]4 years ago
8 0

Answer: a. $180,000

Explanation: Given that the fair market value of the 5000 shares of stock was $180,000 at that time; Pat should include this in information with proof of it's fair value at the time in schedule A of the form

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Ask Socrates, Inc., employees are allowed to dress informally. This is an example of a __________ through which organizational c
makkiz [27]

The question is incomplete:

Ask Socrates, Inc., employees are allowed to dress informally. This is an example of a __________ through which organizational culture is transmitted.

A) primary procedure

B) ritual

C) material symbol

D) symbolic act

E) fundamental mechanism

Answer:

C) material symbol

Explanation:

-Primary procedure  is a document that indicates employees how to perform a core activity in the business process.

-Ritual  refers to a group of acctivities that are performed in a specific way according to an established order.

-Material symbol  is a type of non-verbal communication that goes from the employer to the employees that shows the culture of the company.

-Symbolic act  is an act that represents an idea without using words.

-Fundamental mechanism refers to a key process that helps people to perform their jobs.

According to this, the answer is that this is an example of a material symbol through which organizational culture is transmitted because a material symbol is a non-verbal form of communication from the employer to the employees and in this case, the company allows employees to dress informally and the organization's culture is communicated through this.

5 0
3 years ago
Which of the following is a drawback of Porter’s five forces model? Multiple Choice Managers cannot determine the changing speed
NISA [10]

Answer: Managers cannot determine the changing speed of an industry or the rate of innovation.

Explanation:

A drawback of Porter’s five forces model is that managers cannot determine the changing speed of an industry or the rate of innovation.

With Porter's five-forces-plus-complements model, it is difficult for an economic entity to determine the rate if innovation in an organization or the changing speed of the industry and this means that the managers have to repeat their analysis constantly so as to have a picture of their industry that is more accurate.

8 0
3 years ago
How did you feel while you were filling out the inventory?nervous, curious, stressed, relaxed, etc
Usimov [2.4K]
I feel stressed reading this question as it has no context but the question is asking for your opinion. there really is no wrong answer
8 0
3 years ago
Read 2 more answers
The Federal Reserve conducts a $30 million open-market purchase of government bonds. If the required reserve ratio is 15 percent
Zina [86]

Answer:

maximum amount money supply increase is $200 million

smallest possible amount money supply increase is $30 million

Explanation:

given data

purchase  government bonds = $30 million

reserve ratio = 15 percent

to find out

largest possible increase in the money and smallest possible increase

solution

we know that here money multiplier will be

money multiplier = \frac{1}{required\ reserve\ ratio}

money multiplier = \frac{1}{0.15}

money multiplier = 6.7

and

change in money supply will be

change in money supply = money multiplier × purchase bonds

change in money supply = 6.67 ×30

change in money supply = $200 million

so maximum amount money supply increase is $200 million

and

when bank hold $30 million as reserve

than money supply increase by $30 million

so smallest possible amount money supply increase is $30 million

7 0
3 years ago
Pixel Inc prohibits smoking in the workplace. According to company rules, any employee found smoking on the work premises will b
Alona [7]

Answer:

<em>A) The probability of effect is low.</em>

Explanation:

<em>From all the statements, the true statement is</em> OPTION(A).

<em>As we see something which is been prohibited inside the work premises, then also it is been used in the work premises.</em><em> So, the probability of effect is low in this case because as manager are not able to make the rule effective. </em>

And hence, the rule is not been followed by the employees because managers are lax in making the rule and regulation effective.

3 0
3 years ago
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