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pav-90 [236]
4 years ago
8

Dorchester purchased investment realty in 2001 for $25,000. During the current year, he contributes it to the American Heart Ass

ociation to use as the site for its new local headquarters. The realty has a value of $52,000 on the contribution date, and Dorchester's AGI is $100,000. Dorchester's maximum current year contribution deduction is:
Business
1 answer:
Mandarinka [93]4 years ago
6 0

Answer:

The answer is $30,000

Explanation:

Solution

Given that:

Dorchester in 2001  purchased investment realty for = $25,000.

The value of the reality = $52,000

Dorchester's Adjusted gross income = $100,000

Now,

We find the maximum present year contribution deduction of Dorchester

Thus,

The amount of deduction is shown as follows.

The reality value = $52,000

50% of the adjusted gross income is  = $100,000  * 30% =$30,000

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Papau New Guinea has a trade deficit of $1500 billion, private savings of $3000 billion, and a government budget deficit of $300
Neporo4naja [7]

Answer:

$1,500 billion

Explanation:

Data provided in the question:

Trade deficit = $1500 billion

Private savings = $3,000 billion

Government budget deficit = $3,000 billion

Now,

The value of private investment will be

= Private savings + Trade deficit  - Government budget deficit

= $3,000 billion + $1,500 billion - $3,000 billion

or

The value of private investment = $1,500 billion

5 0
3 years ago
Who manages private company
PSYCHO15rus [73]
Private company is business company owned. 

Hope this helps you! :-)
7 0
3 years ago
For profitable long-term contracts, income is recognized in each year when revenue is recognized: At a Point in Time Upon Over T
blondinia [14]

Answer:

d. No Yes

Explanation:

    At a Point in Time Upon                 Over Time According to

    Contract Completion                      Percentage of Completion

a)          no                                                     no

b)          yes                                                   no

c)          yes                                                   yes

d)          no                                                    yes

When companies engage in long contract, they generally use the percentage of completion method to recognize both expenses and revenues. As the company finishes or completes a certain percentage of the project, it will start to recognize revenue according to how much work it completed.

6 0
3 years ago
If you cannot separate communication from leadership, why is communication known to be one of the top weaknesses in business lea
aksik [14]

The correct answer to this open question is the following.

If you cannot separate communication from leadership, why is communication known to be one of the top weaknesses in business leadership today?

Because many times, leaders confuse to inform with to communicate, and that is one of their biggest mistakes.

One thing is just to pretend that because your the leader of an organization, you have the right to inform but not listening back to what your team has to say.

Good leaders need to become great leaders accepting the fact that their role is of Communicators, which means they are willing and able to receive feedback. Or better said, to promote feedback in the first place as part of the process of generating understanding in the workplace.

Why is it the leaders’ responsibility to be effective communicators?

The leader has to lead by example. It has to be a great communicator, a good listener. Have a set of skills and abilities to perform under pressure. The leader has to make the toughest decisions. And of course, he has to hire the best individuals to form a true team.

Leaders have to be totally honest about who they are. You cannot pretend to be someone you are not. That is the foundation of what you are about to offer in a relationship.

The leader sets the example of living their own values, so he will have the moral status to ask other people to live by their own values so you can base your relationship on trust.

4 0
3 years ago
If managers are making decisions to maximize shareholder wealth, then they are primarily concerned with making decisions that sh
bogdanovich [222]

Answer:

It is to increase the market value of the firm's common stock (B)

Explanation:

Profits : it is subjective in nature and can be manipulated. Hence, it is not good measure of shareholders wealth maximization.

Increase the market value of the firm's common stock : This is difficult to manipulate because it results from long-term view of business performance through investment in a viable projects . When the company produces good result that give investors good return for their capital, this will have a positive market impact on the share price of the company.

5 0
4 years ago
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