Question

Evaluate the importance of the hidden costs mentioned in the case that were not explicit cash...

Evaluate the importance of the hidden costs mentioned in the case that were not explicit cash outlays or when the donors did not require a receipt for tax purposes.

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

By going through the given problem, I assume that it is with respect to donation has been and donor dont take receipt for donation.

When donor dont take receipts and dont claim the donation in its tax return then there might be a chance that institution to which donation has been made dont use the given donation on the purpose for which it is raised.

Primary motive behind donation is to help a cause and tax saving is always a secondary motive and not main motive, so it is must to take receipt whenever donation is made so that its application should be on the cause for which it is raised

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
for the case of an electric car project which of the following costs or cash foows...
for the case of an electric car project which of the following costs or cash foows should be categorized as incremental when analyzing whether to invest in the project divident payments tax saving reulting from the dpriciation charges the cost of research and development undertaken for developind electric car during the past three years the annual depriciation charge
Case 1.1 Electronic Records Management (ERM) Spring Street Company (SSC) wanted to reduce the “hidden costs”...
Case 1.1 Electronic Records Management (ERM) Spring Street Company (SSC) wanted to reduce the “hidden costs” associated with its paper-intensive processes. Employees jokingly predicted that if the windows were open on a very windy day, total chaos would ensue as thousands of papers started to fly. If a flood, fire, or windy day occurred, the business would literally grind to a halt. The company’s accountant, Sam Spring, decided to calculate the costs of its paper-driven processes to identify their impact...
There were no solutions available for the Part 4 Integrative Case from the "Fundamentals of Corporate...
There were no solutions available for the Part 4 Integrative Case from the "Fundamentals of Corporate Finance" 4th Edition by Berk, DeMarzo and Harford. Could anyone help with solving the Case Questions below based on the information provided? Base Information: 1. The risk-free rate of interest, in this case, the yield of the 10-year government bond, which is 3%. 2. HydroTech's: a. Market capitalization (its market value of equity), $100 million. b. CAPM beta, 1.2 c. Total book value of...
You must evaluate a proposal to buy a new milling machine. The base price is $184,000,...
You must evaluate a proposal to buy a new milling machine. The base price is $184,000, and shipping and installation costs would add another $10,000. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for $82,800. The applicable depreciation rates are 33%, 45%, 15%, and 7%. The machine would require a $6,000 increase in net operating working capital (increased inventory less increased accounts payable). There would be no effect on revenues, but pretax...
You must evaluate a proposal to buy a new milling machine. The base price is $102,000,...
You must evaluate a proposal to buy a new milling machine. The base price is $102,000, and shipping and installation costs would add another $18,000. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for $66,300. The applicable depreciation rates are 33%, 45%, 15%, and 7%. The machine would require a $4,500 increase in net operating working capital (increased inventory less increased accounts payable). There would be no effect on revenues, but pretax...
Career Case Study Find a professional in your personal network. He/she might be a business leader,...
Career Case Study Find a professional in your personal network. He/she might be a business leader, teacher, a mentor, or an entrepreneur you admire. Interview him/her about how s/he has achieved balance, productivity and sustainability in his/her career. Draw on your personal reflection also, addressing the following prompts: . 1. What is the person or organization’s mission statement? 2. What are their main sources of revenue? What are their main costs of operation? (What does their work require of them?...
You must evaluate a proposal to buy a new milling machine. The purchase price of the...
You must evaluate a proposal to buy a new milling machine. The purchase price of the milling machine, including shipping and installation costs, is $152,000, and the equipment will be fully depreciated at the time of purchase. The machine would be sold after 3 years for $71,000. The machine would require a $3,500 increase in net operating working capital (increased inventory less increased accounts payable). There would be no effect on revenues, but pretax labor costs would decline by $55,000...
You must evaluate a proposal to buy a new milling machine. The base price is $148,000,...
You must evaluate a proposal to buy a new milling machine. The base price is $148,000, and shipping and installation costs would add another $11,000. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for $103,600. The applicable depreciation rates are 33%, 45%, 15%, and 7%. The machine would require a $9,000 increase in net operating working capital (increased inventory less increased accounts payable). There would be no effect on revenues, but pretax...
You must evaluate a proposal to buy a new milling machine. The base price is $143,000,...
You must evaluate a proposal to buy a new milling machine. The base price is $143,000, and shipping and installation costs would add another $7,000. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for $50,050. The applicable depreciation rates are 33%, 45%, 15%, and 7%. The machine would require a $9,000 increase in net operating working capital (increased inventory less increased accounts payable). There would be no effect on revenues, but pretax...
You must evaluate a proposal to buy a new milling machine. The base price is $177,000,...
You must evaluate a proposal to buy a new milling machine. The base price is $177,000, and shipping and installation costs would add another $9,000. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for $61,950. The applicable depreciation rates are 33%, 45%, 15%, and 7%. The machine would require a $9,500 increase in net operating working capital (increased inventory less increased accounts payable). There would be no effect on revenues, but pretax...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT