36. lo.6, 8 in december of each year, eleanor young contributes 10% of her gross income to the united way (a 50% organization). eleanor, who is in the 24% marginal tax bracket, is considering the following alternatives for satisfying the contribution. fair market value (1) cash donation $23,000 (2) unimproved land held for six years ($3,000 basis) 23,000 (3) blue corporation stock held for eight months ($3,000 basis) 23,000 (4) gold corporation stock held for two years ($28,000 basis) 23,000 eleanor has asked you to her decide which of the potential contributions listed above will be most advantageous taxwise. evaluate the four alternatives, and write a letter to eleanor to communicate your advice to her. her address is 2622 bayshore drive, berkeley, ca 94709.

Exercise 4-6 the following balances were taken from the books of alonzo corp. on december 31, 2017. interest revenue $86,000 accumulated depreciation—equipment $40,000 cash 51,000 accumulated depreciation—buildings 28,000 sales revenue 1,380,000 notes receivable 155,000 accounts receivable 150,000 selling expenses 194,000 prepaid insurance 20,000 accounts payable 170,000 sales returns and allowances 150,000 bonds payable 100,000 allowance for doubtful accounts 7,000 administrative and general expenses 97,000 sales discounts 45,000 accrued liabilities 32,000 land 100,000 interest expense 60,000 equipment 200,000 notes payable 100,000 buildings 140,000 loss from earthquake damage 150,000 cost of goods sold 621,000 common stock 500,000 retained earnings 21,000 assume the total effective tax rate on all items is 34%. prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the year. (round earnings per share to 2 decimal places, e.g. 1.48.)

Part 1: interview at least three different people you know that fall within three age ranges (25-35), (36-50), and (51-70) year of age. ask each person you interview if they have life insurance (term, whole life etc.) and health insurance. ask what factors influenced their decision to buy or not the insurance coverage? report your findings to this assignment. specify who the people were that you spoke with.\

what is your question? 1 high schoolbusiness 5 points imagine that you have won $100 in the state lottery. you have a choice between spending the money on shopping now or putting it away in a savings account for one year. you decide to spend the money now on shopping. thus, you will lose the interest that you could have earned by saving the money. the lost interest is cost of spending money now.