Charity Hospital is holding its annual gala in a fancy downtown hotel. Tickets are $200 each, and the organization estimates that the fair value of the event is $125. Purchasers of gala tickets are entitled to a charitable contribution deduction of:

Answers

Answer 1

Based on the amount paid for the tickets and their fair value, the portion that is entitled to charitable contribution deduction is $75.

When one buys a ticket to a charitable event, there is a chance that some of the ticket price can be treated as a charitable contribution deduction.

The part that can be treated as such is anything in excess of the fair value of the ticket. This amount in this case is:

= 200 - 125

= $75

In conclusion, the answer is $75.

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Related Questions

what are the three most common reasons firms fail financially?

Answers

The common ways through which firms fail financially includes under-capitalization, poor control over cash flow and inadequate expense control.

Majority of firms who failed financially are those firm with outdated financial plan or lack of current trend in the industry.

Why firms fail financially includes:

Under-capitalization which is when the firm does not have sufficient capital to conduct normal business operations and pay the creditors.

Poor control over cash flow is when the firm does not have firm control over the cash going in and out of the organization.

inadequate expense control is when the firm does not effectively control the amount of expenses incurred for operation.

In conclusion, the common ways through which firms fail financially includes under-capitalization, poor control over cash flow and inadequate expense control.

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Peter has three daughters who are eligible students. What is the maximum amount of tax credit available to him under the American opportunity credit, assuming he meets all requirements

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Based on current tax laws, the maximum amount of tax credit available to Peter is $7,500

Under the American Opportunity Tax Credit (AOTC):

Tax credit can be earned on eligible students. A maximum of $2,500 can be received as tax credit per student.

Peter has three daughters and they are all eligible students which means that the maximum credit available is:

= 2,500 x 3 students

=  $7,500

In conclusion, Peter can get $7,500 in tax credit.

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a grocery store in a perfectly competitive market can

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Answer:

A grocery store in a perfectly competitive market can. reduce its advertising budget more than its competitors. differentiate its product with respect to other firms. ignore profit-maximizing strategies. freely enter or exit the market.

An intangible benefit is called a

a) commodity
b) Service
c) market
d) goods

Answers

A

Explanation:

using the internet and the process of elimination, A is your answer

ANSWER:

B.

CORRECT IF IM WRONG

BUT IM SURE THAT

Pete is thinking of skipping car insurance for the first year while he gets adjusted to car payments. Why is this a bad decision

Answers

Skipping insurance is a bad decision based on the fact that he would have to:

Pay for all the expenses when an accident occur. He would be driving illegally.

What is insurance?

Insurance coverage help to cover costs or expenses in case of unforeseen circumstances thereby saving costs.

Based on the given scenario skipping car insurance coverage will tend to result in him paying for people injury expenses or car crash injury expenses in a situation where he had an accident that resulted in people be injured.

He would as well have to pay for all the repairs costs of his car or vehicle since his car was not insured.

Inconclusion it is a bad decision as he would have to pay all the expenses when an accident occur and he would be driving illegally.

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Hannah, age 65, is retiring today. Hannah would like $100,000 per year in retirement income. If the invested assets to gross pay benchmark is 16:1, how much should Hannah have saved for retirement according to the invested assets to gross pay benchmark

Answers

Based on the information given, the amount that Hannah will have saved for retirement will be $1,600,000.

From the information given, it was stated that Hannah would like $100,000 per year in retirement income and that the invested assets to gross pay benchmark is 16:1.

Therefore, the amount that'll have been saved will be:

= 16/1 × $100,000

= $1,600,000

In conclusion, the correct option is $1,600,000.

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A customer buys 17. 01 in gas and requests one five dollar [$5] lottery ticket, two one dollar [$1] lottery tickets, and one [$3] lottery ticket. He gives you two winning tickets to be redeemed: one for ($5) and the other for ($2). How much change would he receive from a $100 bill?.

Answers

The customer will receive $79.99 as change in exchange for a $100 note the person gave to the shop owner. The amount is derived as a result of a series of transactions carried out by the customer.

The customer did multiple transactions during the course of the visit to the shop. The customer's transactions also involve buying stuff as well as redeeming the coupon codes won by the customer.

Currency Exchange

The customer is given to have purchased gas amounting to $17.01, after which the customer has bought lottery tickets of different denominations.

The customer purchased tickets worth $10. After the purchase of lottery tickets, the customer displayed and produced the previous lottery tickets for redemptions, as he had won the lotteries on both the tickets worth $7.

The change received by the customer can be calculated with the help of using the following formula, where the customer gave $100 note to the shopkeeper.

[tex]\rm Change\ Received= Money\ Given- (Purchase\ of\ Gas+ Purchase\ of\ Lottery\ Tickets- Redemption\ of\ Lottery\ Tickets)[/tex]

Now putting the values in the formula, we get,

[tex]\rm Change\ Received= 100- (17.01+5+1+1+3-2-5)\\\\\\\\\rm Change\ Received= \$100- \$20.1\\\\\\\\\rm Change\ Received= \$79.99[/tex]

So we have concluded that the customer will receive $79.99 as change. Hence, the correct amount of change received by the customer for the period is $79.99.

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PLEASE HELP ASAP!!!! (><) IT’S TIMED!!!

Gidgits Galore's payment plan under Chapter 11 was rejected by its committee of creditors, and the court
agreed and dismissed its petition. Gidgits Galore now seeks to file a petition in Chapter 7 to liquidate. The bank loaned Gidgits Galore $10,000 and secured the loan with a lien on 1,000 gidgits but did not file a financing statement. The bank is an unsecured creditor.
True
False
———————-———————————
Choose the term that best matches the description given.
To sell the assets of a business, pay the bills and divide the remainder among stakeholders
1. Default
2. Liquidation
3. Collateral
4. Reorganization
——————————————————
Choose the term that best matches the description given.
Equipment, property or funds owned by a business
1. Assets
2. Collateral
3. Lien
4. Trustee
——————————————————

Answers

Gidgits Galore's payment plan under Chapter 11 was rejected by its committee of creditors, and the court

agreed and dismissed its petition. Gidgits Galore now seeks to file a petition in Chapter 7 to liquidate. The bank loaned Gidgits Galore $10,000 and secured the loan with a lien on 1,000 gidgits but did not file a financing statement. The bank is an unsecured creditor.

True

False

Choose the term that best matches the description given.

To sell the assets of a business, pay the bills and divide the remainder among stakeholders

1. Default

2. Liquidation

3. Collateral

4. Reorganization

Choose the term that best matches the description given.

Equipment, property or funds owned by a business

1. Assets

2. Collateral

3. Lien

4. Trustee

The answers to the questions have been given below

1. It is true that the bank is an unsecured creditor.

2. Liquidation is to sell the assets and share the proceeds among stakeholders.

3. Collateral is the Equipment, property or funds owned by a business.

What does it mean to be liquidated?

This refers to the fact that the business is about to go on a shutdown. The assets that the business owns would then have to be shared among all the people that have stakes in it.

Collateral is the property that is used to get a loan. It refers to what the business would give in exchange for the funds that they are to loan.

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I need some help will mark brainliest.

Answers

Strategic planning brings people, processes, teams, and leaders together to achieve an organization's goals.

When countries specialize in the production of goods they have the comparative advantage in, both ___________ and ___________________ will increase

Answers

Based on the question above, demand and supply will increase.

Demanddemand is the quantity of a good that consumers are willing and able to buy at various prices during a given period of time.

Supply supply is the amount of a resource that firms, manufacturers, labourers, providers of financial assets, or other economic agents are willing and able to provide to the marketplace or to an individual.

Therefore, the correct answers are demand and supply.

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which characteristic would concern an auditor about the risk of material misstatements arising from fraudulent financial reporting

Answers

Based on the information given, the characteristic that would concern the auditor is professional skepticism.

It should be noted that professional skepticism simply means an attitude that includes an questioning mind and the critical assessment of an audit evidence.

Professional skepticism would concern an auditor about the risk of material misstatements arising from fraudulent financial reporting.

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nonoperating items that increase net income, such as gains on the sale of fixed assets, must be added in calculating operating cash flows.

Answers

There are gains on sale of fixed asset which are known to enter on income statement. Nonoperating items that increase net income must be added in calculating operating cash flows is a false statement

A gain on the sale of fixed assets is usually seen in the statement of profit and loss as non-operating income.

A Non-operating assets are simply described as a kind of assets that does not look into to be part of a company's core operations.

A company's non-operating assets can be said to be unused land, leftover and unused equipment, investment securities, etc.

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Government plays a role in all economic systems.
a
True
b
False

Answers

Based on different economic system analyses, it is true that government plays a role in all economic systems.

How does Government play a role?

Generally, whether capitalist economic system socialist economic system, the government still plays a role.

For example, in the capitalist economic system, government plays the role of regulatory and complementary responsibilities.

While in a socialist economic system, the government takes more comprehensive roles such as production and distribution.

Hence, in this case, it is concluded that the correct answer is "True."

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a nation can increase its production possibilities by

Answers

Answer:

Improvement in labor productivity, increase in resources, and technological advancements

Explanation:

In Roger Arnold's text entitled, "Macroeconomics" (2019), a nation can increase its production possibilities and achieve economic growth through an improvement in labor productivity, an increase in its resources, and technological advancements.

A nation is said to be productive efficient if it can produce the maximum amount of goods with its existing resources and technology.  Hence, it is essential for a nation to take advantage of the productive capabilities of its workforce with specialized trade, which could also increase the production of consumer goods and trading of specialized services.

An increase in resources enables a nation to produce greater quantities of military and civilian outputs. Technological advancements also allow a nation to increase its productive capabilities, thereby enabling them to produce goods with a fixed amount of resources, or produce the same amount of output with lesser resources used.  

what are some objections that you may hear from a potential employer?

Answers

Some objections that you may hear from a potential employer are :

We may not be able to pay you a salary that is comparable to your last job.I'm concerned you will not fit in with our established teams.

During an interview phase, employer or interviewer usually pose objections which could deter the person being interviewed.

The objections in an interview process should be an opportunity to :

Iron out any difficulties in an application.Put any concerns to bed.Close the deal.

Other commonest objections that you may hear from a potential employer are :

You’ve held a lot of jobs in the past few years, and we’re concerned you might not stick around long.I don't think you have enough experience for the position.I think you may have too much experience for the open position.

However, the idea should be to overcome the objections by responding in a way that defuses the validity of the objection.

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How to solve problems in group work

Answers

Answer: Solve problems as a group by working together and problem solving, as well as listening to all ideas.

[tex]\large\huge\green{\sf{Answer:-}}[/tex]

just classify the task between groups and task will be easy to do

A random sample of respondents would be distributed randomly, half to the experimental group and half to the control group. A pretest questionnaire would be administered to the respondents in both groups to obtain a measurement on attitudes toward Pepsi advertising, brand, and celebrity; only the respondents in the experimental group would be exposed to the TV program containing the Pepsi commercial. Then, a questionnaire would be administered to respondents in both groups to obtain posttest measures on attitudes toward Pepsi advertising, brand, and celebrity. Which of the following experimental design best represents the above scenario?

a. one-shot case study
b. one-group pretest-posttest design
c. after-only with control group design
d. before and after with control group design
e. interrupted time-series design

Answers

The experimental design which best represents the above random survey is: B. one-group pretest-posttest design.

An experimental design can be defined as a research method (concept) in which a controlled experimental factor is objectively and efficiently subjected to a special treatment (intervention), in order to compare it with a factor (controlled variable) that is kept constant. Thus, it is used to maximize precision in an experiment and to reach a specific conclusion on a hypothesis statement.

Basically, there are three (3) main types of experimental design and these include:

1. Quasi-experimental research design

2. True experimental research design

3. Pre-experimental research design

Under the pre-experimental research design, we have three (3) forms of experimental design and these are:

One-shot case study research designStatic-group comparisonOne-group pretest-posttest design

One-group pretest-posttest research design is mostly used by behavioral researchers to determine the effect of a special treatment (intervention) on a given sample of participants, especially by first utilizing a single group of participants (one-group design) before the treatment is implemented and once after the treatment is implemented.

In conclusion, a one-group pretest-posttest research design is the experimental design which best represents the above random survey.

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You have been invited to give a speech at a local restaurant. The person who is hosting the event has asked you to speak for 15 minutes on a topic of your choice. Walk though the process of deciding what to talk about and discuss the reasons and methods you would use to make an effective choice.

Answers

Give me some hint please

Answer:

talk about the recipes

Explanation:

Bill wants to prepare his own taxes but wants a bit more guidance. He wants to file taxes without having to spend much money. What is his BEST option for filing taxes?

A. Prepare his taxes on her own.

B. Prepare his taxes with using an electronic tax program.

C. Hire someone to prepare his taxes.

Answers

Answer: B. Prepare his taxes with using an electronic tax program.

Explanation: had this question and got it correct!

What is stopping to reflect on and judge your goal progress called?

Answers

Answer: Self-Reflection

The stopping to reflect on and judge your goal progress is called Re-evaluation.

What is a Goal?

A goal is to refer to an objective or dream that an individual desires to achive in his life. This is referring to a target based on an individual's desire which is accomplished by them in the desired time period.

The process of re-evaluation emphasizes determining or analyzing all the aspects of an individual's personality or business again by following different methods in order to achieve the desired result.

In order to assure a more likely outcome, it is crucial to do the experiment more than once which helps to better evaluation. Otherwise, there is a risk that the results could be incorrect.

This re-evaluation helps to seek progress in the work and brings improvement based on the results to achieve the desired Output.

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Culver City College, a public college, has a 10-week summer session that starts on June 25, 2020, so that one week is held during FY 2020 and the other nine weeks meet during FY 2021. Tuition and fees in the amount of $1,000,000 were collected from students for classes to be conducted in this session.

Required:
What amount should Culver City College recognize as unrestricted revenue in each of the years ended (FYE) June 30, 2020 and June 30, 2021?

Answers

Based on the information given, the amount that will be recognized as unrestricted revenue in each of the years will be $100,000 and $900,000.

Unrestricted revenue simply means the donations that can be used by a company or group for purposes that meet the goals that were set aside.

From the information, the unrestricted revenue in June 30, 2020 will be:

= 10% × $1,000,000

= $100,000

The unrestricted revenue for June 30, 2021 will be:

= $1,000,000 - $100,000

= $900,000

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Consider today’s stock listing for Enam Telecom, shown below. 52 wk High 52 wk Low Symbol Div. Close Net Change 122. 86 64. 77 ENM 3. 45 99. 14 4. 74 If the lowest price in the past year occurred 48 days ago, find the approximate average change per day since then. A. $4. 74 b. $0. 72 c. $0. 49 d. $1. 34.

Answers

The approximate average change per day since the past year is $ 0.72.

As per the stock listing the given information in the context is:

52 wk high = 122.86   52 wk low = 64.77 ENM  Div. = 3.45  Close = 99.14  Net change = 4.74

It has been given in the context that the lowest price that occurred 48 days ago is  64.77 ENM

Closing Price = 99.14

[tex]\begin{aligned}\text{Net Change in Value} &= \text{Closing Price}-52 \rm wk \:\rm low\\ \text{Net Change in Value} &= 99.14 - 64.77 \:\rm ENM\\ \text{Net Change in Value }& = 34.37 \end{aligned}[/tex]

Now, compute the average change per day:

[tex]\begin{aligned}\text{Average Change per Day} &= \dfrac{\text{Total Change }}{\text{Number of Days}}\\\text{Average Change per Day}& = \dfrac{34.37}{48} = 0.716 \\\text{Average Change per Day }& = 0.72\end{aligned}[/tex]

Therefore, the correct option is b.

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What do dymanic link libary files do

Answers

A dynamic link library is a collection of small programs that larger programs can load when needed to complete specific tasks. The small program, called a DLL file, contains instructions that help the larger program handle what may not be a core function of the program.

The rate at which a business increases revenue from sales is

Answers

Answer:

There are only four ways to increase revenue in your business: increase the number of consumers, increase the average transaction size, increase the frequency of transactions per client, and raise your rates.

Explanation:

What ratio determines whether a borrower will manage monthly debt payments?

Answers

Answer:SI

Explanation:Pabloooo

The equilibrium quantity in markets characterized by oligopoly is:

Answers

It should be noted that equilibrium quantity in markets characterized by oligopoly is higher than in monopoly markets and lower than in perfectly competitive markets.

An oligopoly can be regarded as a market which posses a small number of firms, and these firms posses some interdependency as regards the pricing and output policies.

The equilibrium quantity in markets as regards oligopoly is different from Monopoly because the equilibrium here is usually high.

Therefore, in oligopoly equilibrium quantity in markets is usually more compare with monopoly markets.

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A Smart sets up a new business. Before he actually sells anything, he has bought motor vehicle for $2500, premises for $4500, stock of goods for $1000. He did not pay full for his stock of goods and still owes $600 in respect to them. He borrowed $2800 from J Devan. After the events described and before trading starts, he had $150 cash in hand and $650 cash at bank. You are required to Calculate the Capital. Show all working.

Answers

The capital for A Smart is $5,400

Capital is computed as :

Capital = Asset - Liabilities

First, we need to determine the Asset.

Asset = Motor vehicle + Premises + stock + cash in and + cash at bank

Asset = $2,500 + $4,500 + $1,000 + $150 + $650

Asset = $8,800

Also, we will determine the liabilities

Liabilities = Money owed + Loan

Liabilities = $600 + $2,800

Liabilities = $3,400

Recall that:

Capital = Assets - Liabilities

Capital = $8,800 - $3,400

Capital = $5,400

Therefore, the capital for A Smart is $5,400

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When looking for pre-approval on a car loan you should NOT...

Answers

When looking for pre-approval on a car loan you should NOT get a loan from the car dealer directly to keep things simple.

Pre-approval occur when the lender has check or go through all the report of your credit so as to know the amount he or she will likely lend you as well as the interest rate.

Pre-approval tend to give the  borrower the assurance that he or she will be given the car loan by the lender.

It is important that you compare the pre-approval offers given to you so as to choose or select the offer that is best for you and you should avoid getting the car loan directly from the car dealer, ensure that you follow the due process.

Inconclusion when looking for pre-approval on a car loan you should NOT get a loan from the car dealer directly to keep things simple.

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PLEASE HELPP WITH CHEMISTRY

I don’t know how to solve this equation please help I’ll give brainlisttt!!!

Answers

Answer:

what is the equation? because I can't see it

A multidomestic company identifies a risk that regulations in some national markets will likely change over time. Such changes could impact product design and distribution in each market and have varying impacts on the company's financial success. What technique would best address the possible impacts of this risk when formulating strategic plans?

Answers

The technique that would best address the possible impacts of this risk when formulating strategic plans is: Scenario planning.

Scenario planning refers to the methods that are used in ascertaining future conditions to determine how an organization will respond to future changes.

In the case of the multi-domestic company above, an assessment is made of the future changes that might result due to the changes in regulations over a period of time.

Thus, they engage in scenario planning.

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If someone has been let go from their job but exhibits a high-level of hardiness, how might he or she respond? PLEASE HELP IM REALLY STRESSED IT WOULD MAKE MY YEAR!!!For this assignment, you will choose a resident of the annex (other than Anne) and rewrite a journal entry from this individuals perspective.SpecificationsYour entry should Reflect what you have learned about the personality traits and viewpoints of the individual you select. Adopt this individuals perspective, as though you were seeing the world through his or her eyes. This should include1. Use of first-person pronouns (such as I, me, and my) to refer to this individual, not yourself.2. A viewpoint and tone that realistically reflects how this individual would see and experience the subject matter he or she writes about. You may select to rewrite one of the following entries:1. Tuesday, July 13, 1943, or2. Friday, October 29, 1943 Once you have completed your entry, you should write an additional one-paragraph (68 sentences) response explaining how the entry has changed from the one Anne wrote and why you chose to make these changes. Oxygen in the air can react with wood when a match is burned. Ash is produced.Which statement would be true?A. The atoms of the ash did not exist before.B. Ash has similar properties to oxygen.C. The atoms of wood and oxygen disappear during the burning.D. Ash is a different substance than wood. Translate. Eight less than the difference of a number and five is twelve. Define "one solar day". help me help me history help me 1. Rosie orders dessert at the cafe. The total bill is $50. She tips the waiter 10%.How much money does the waiter get? which statement best defines the term civil liberties? Help help help help How did most Roman plebeians make a living?1. as slaves and servants2. as soldiers and generals3. as farmers and traders4. as senators and priests What is the radius of a circular space station that spins with a linear speed of 90.0 m/s Im order for its walls to supply a centripetal acceleration equal to the acceleration provided by gravity on the surface of the earth? Little help? Ill give 5 stars and brainly (If correct) Which word is a synonym of deficient? HELP ME PLZ!!!!!!! Given 7 is one of the roots of the quadratic equation(x + k)2 = 16, where k is a constant, find the values of k. when the night is cold pain make you warm. how old was brooke shields when she did blue lagoon Write as an equation and solve: Eight less than the number is 31. Why are leaves green: Zoe charges 9 per student to attend a dance class. There are y students in the class.a . Write an expression for the total amount she charges for a class.b. How much does she charge for 5 students?c. How many students must she have in the class to make 72? During World War II, the government _____(took over/ signed contracts with/ closed down many) private American industries to help the war effort. US automobile manufacturers ______(stopped building cars/ built more cars/ shut down their factories) during the war at the government's request.Wartime production was boosted by _____(government owned companies/ private businesses/ the government and private businesses working together).During the war, people's working hours _____ (increased/ decreased/ stayed the same).