subject
Business, 27.06.2019 17:10 victoriay3

Donna has agi of $100,000. donna owns a rare antique in which she has an adjusted basis of $200,000. the antique is currently worth $2,000,000. assuming that donna’s agi will remain at $100,000 for the next six years, which of the following would you recommend to her if she donates the antique to a museum this year? donna should deduct the entire fair market value of the antique this year. donna should deduct $30,000 this year and every year for the next five years. donna should deduct $50,000 this year. donna should deduct $200,000 this year.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:00
When slick heating company switched to an activity based costing system, it realized that it was allocating a much lower percentage of factory overhead to a product line that the marketing department was trying to push. the product line may contain which type of products?
Answers: 2
question
Business, 22.06.2019 02:00
4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms.a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.
Answers: 2
question
Business, 22.06.2019 11:00
You decide to invest in a portfolio consisting of 25 percent stock a, 25 percent stock b, and the remainder in stock c. based on the following information, what is the expected return of your portfolio? state of economy probability of state return if state occurs of economy stock a stock b stock c recession .16 - 16.4 % - 2.7 % - 21.6 % normal .55 12.6 % 7.3 % 15.9 % boom .29 26.2 % 14.6 % 30.5 %
Answers: 1
question
Business, 22.06.2019 16:50
Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?
Answers: 2
You know the right answer?
Donna has agi of $100,000. donna owns a rare antique in which she has an adjusted basis of $200,000....
Questions
question
Mathematics, 25.03.2021 19:00
question
Mathematics, 25.03.2021 19:00
question
History, 25.03.2021 19:00
question
Mathematics, 25.03.2021 19:00
question
Mathematics, 25.03.2021 19:00
question
Mathematics, 25.03.2021 19:00
question
Social Studies, 25.03.2021 19:00
Questions on the website: 13722362