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mojhsa [17]
3 years ago
13

Deet, an unmarried taxpayer, qualified to itemize deductions. Deet's adjusted gross income was $40,000 and he made a $1,500 subs

tantiated cash donation directly to a needy family. In the same year, Deet also donated art, valued at $11,000, to a local art museum. Deet had purchased the artwork two years earlier for $2,000. What was the maximum amount of the charitable contribution allowable as an itemized deduction on Deet's income tax return
Business
1 answer:
Blababa [14]3 years ago
4 0

Answer:

$11,000

Explanation:

Based on the information given What will be the MAXIMUM AMOUNT OF THE CHARITABLE CONTRIBUTION ALLOWABLE as an itemized deduction on Deet's income tax return will be the amount of $11,000 which represent the amount the art value that Deet donated to the local art museum which was valued at $11,000.

Therefore the maximum amount of the charitable contribution allowable as an itemized deduction on Deet's income tax return is $11,000

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nekit [7.7K]

Answer:

Purchases= 17,200 pounds

Explanation:

Giving the following information:

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To calculate the direct material required, we need to use the following formula:

Purchases= production + desired ending inventory - beginning inventory

Purchases= 16,000 + 22,000*0.2 - 3,200

Purchases= 17,200 pounds

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3 years ago
when pietro, a new restaurant owner, is determining which products to offer on his menu, he is involved in the management functi
Arte-miy333 [17]

When pietro, a new restaurant owner, is determining which products to offer on his menu, he is involved in the management function of planning.

This statement is true.

Planning means looking ahead and chalking out the  future courses of action to be followed. It is a preparatory step of every management . It is a systematic activity which determines the process of  when, how and who is going to perform a specific job.

Planning is a detailed programme which is related to  future courses of action.

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1 year ago
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In conclusion, these member must always be willing to invest in each other's success to create strong partnering relationships.

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2 years ago
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Answer:

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Promotion mix -

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Hence, from the given information of the question,

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