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Dmitry_Shevchenko [17]
3 years ago
13

Which one of the following types of charitable contributions is NOT deductible for federal income tax purposes?

Business
1 answer:
Fofino [41]3 years ago
3 0

Answer: B.

Explanation: Contributions to individuals, foreign governments, foreign charities, and certain private foundations similarly are not deductible.

You might be interested in
If a firm's know-how, skills, and capabilities can be protected by contract, and if tight control over foreign operations is not
Aleks04 [339]

Answer:

The correct answer is Licensing.

Explanation:

A business license allows the owner the right to start and develop a particular type of business in the city, county, state or country where it is granted. It is a type of permit that implies that the company has the backing of the government to operate. Government agencies can fine or close a business that operates without a license, so you should find out if having a license is part of your process to start your business, not everyone requires a license.

Depending on the type of business you have, you may need a local, county, state or federal license or none. Where your company is located will determine what type of license you need and where to obtain it.

8 0
4 years ago
a companys sales in year 1 were 250,000 and in year 2 were 287,500. Using Year 1 as the base year, the percetn change for year 2
Minchanka [31]

Answer:

115%

Explanation:

Computation of the percentage change for year 2 when compared to the base year

Using this formula

Percentage change=(Year 2 Sales /Year 1 Sales )* 100

Let plug in the formula

Percentage change =($287,500/$250,000) * 100

Percentage change =1.15*100

Percentage change = 115%

Therefore the percentage change in year 2 when compared to the base year will be 115%

6 0
3 years ago
Your grand opening flyer should be
muminat

Answer:

Option A.

Explanation:

A flyer refers to a type of paper advertisement, which is normally used for wide distribution and it is spread by either handing it out manually in a public place, plastered on walls, or sent through the mail in order to create awareness and offer information about a business on a large scale.

In order for a flyer to be effective, it should have the following qualities:

1. A design that is simple and unique, with a language that is easy to understand.

2. Good use of the space on the flyer.

3. Relevant details about the business must be included.

4. Use of correct spelling and grammar, which must not be misleading.

From the explanations above, we can see that the correct option is A.

7 0
3 years ago
Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one cup of coffee, one donut,
Ahat [919]

Answer:

1. B) Deflation

2. A)-10.00%

3. D) 8 

4. E) 8.89 baskets.

5. (A) Rises

Explanation:

Deflation is a fall in general price levels. When deflation occurs, the value of money increases: The purchasing power of money increases.

The deflation rate = ( this year price level - last year's price level ) / last year's price level

Deflation rate =( $9 - $10) / $10 = -10%

In the previous year, $80 would purchase $80 / $10= 8 baskets

This year, $80 would purchase $80 / $9= 8.89 baskets

Inflation is a rise in the general price levels.

I hope my answer helps you

8 0
3 years ago
Offering to pay the passenger in front of you to keep her from reclining her airplane seat is an example of a Pigovian solution
Blizzard [7]

Answer:

a Coasian solution to an externality situation.

Explanation:

Basically. a Coasian solution to an externality situation occurs when the economic activities of one party results in a damage or cost to another party or their property. In this situation, the Coase Theorem which recommends two possible settlements may be applied. The first settlement is for the party causing the damage or imposing the cost to choose to give financial compensation to the affected party so that he can continue to impose the cost or cause the damage. The second settlement is for the affected party to pay the party causing the damage or imposing the cost so that he can stop causing the damage or imposing the cost.

From the question, the affected person chose the second possible settlement by offering to pay the passenger in front of him to keep her from reclining her airplane seat. It is therefore an example of a Coasian solution to an externality situation.

3 0
3 years ago
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