subject
Business, 12.12.2019 03:31 Tellyy8104

Pat gave 5,000 shares of stock in coyote corporation (a publicly traded corporation) to her church (a qualified charitable organization) in the current year. the stock was worth $180,000 and she had acquired it as an investment four years ago at a cost of $120,000. she reported agi of $300,000 for the year. in completing her current income tax return, how much is her current-year charitable contribution deduction? a.$180,000b.$150,000c.$120,000d.$90 ,000e. none of these choices are correct.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 09:50
For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers
Answers: 1
question
Business, 22.06.2019 17:10
Storico co. just paid a dividend of $3.15 per share. the company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company’s stock is 12 percent, what will a share of stock sell for today?
Answers: 1
question
Business, 22.06.2019 18:00
In which job role will you be creating e-papers, newsletters, and periodicals?
Answers: 1
question
Business, 22.06.2019 21:20
In a market economy, supply and demand are important because theya. (i) play a critical role in the allocation of the economy's scarce resources.b. (ii) determine how much of each good gets produced.c. (iii) can be used to predict the impact on the economy of various events and policies.d. all of (i), (ii), and (iii) are correct.
Answers: 3
You know the right answer?
Pat gave 5,000 shares of stock in coyote corporation (a publicly traded corporation) to her church (...
Questions
question
Engineering, 28.11.2020 23:20
question
History, 28.11.2020 23:20
Questions on the website: 13722359