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.
The ownership of the national debt is about <u>60 </u>percent by U.S government or quasi-government agencies (federal reserve).
<h3>What do you mean by quasi-government?</h3>
A quasi-governmental healthcare organization that is funded by the government but is privately run.
Quasi-government is used to represent organizations, districts, commissions, businesses, and municipal divisions that are primarily operated by the private sector but are essentially owned by the government.
Hence, The ownership of the national debt is about <u>60 </u>percent by the U.S government or quasi-government agencies (federal reserve).
Learn more about quasi-government:
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Answer:
Elastic ; greater than 1
Explanation:
We know that
Price elasticity of demand = (Percentage change in quantity demanded) ÷ (Percentage change in price) × 100
Since in the question it is given that the percentage change in quantity demanded is more than the percentage change in price that reflects that the price elasticity is elastic that means it is greater than one.
In the elastic portion of the demand curve.
Answer: 11.48%; 11.47%
Explanation:
Given that,
Dividend Issued on common stock = $1.20 per share
Dividend paid in last four years:
$.85 per share
$.92 per share
$.99 per share
$1.09 per share
Stock currently sells at = $53
Calculation of growth rates in dividends
:
G1 = 
= 8.24%
G2 = 
= 7.6%
G3 = 
= 10.1%
G4 = 
= 10.09%
(1) Arithmetic growth Rate = 
= 9.01%
Cost of Equity = 
= 11.48%
(2) Geometric growth Rate
G = 9%
Cost of Equity = 
= 11.47%
