Curly donated inventory (ordinary income property) to a university. he purchased the inventory seven months ago for $10,000, and on the date of the gift, it had a fair market value of $2,000. what is his maximum charitable contribution deduction for this donation if his agi is $80,000?
a. $40,000
b. $2,000
c. $18,000
d. $10,000 if the church sells the inventory
e. none of the above

Bear, inc. estimates its sales at 200,000 units in the first quarter and that sales will increase by 20,000 units each quarter over the year. they have, and desire, a 25% ending inventory of finished goods. each unit sells for $35. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. the remainder is received in the quarter following sale. cash collections for the third quarter are budgeted at

Consider a treasury bill with a rate of return of 5% and the following risky securities: security a: e(r) = .15; variance = .0400 security b: e(r) = .10; variance = .0225 security c: e(r) = .12; variance = .1000 security d: e(r) = .13; variance = .0625 the investor must develop a complete portfolio by combining the risk-free asset with one of the securities mentioned above. the security the investor should choose as part of her complete portfolio to achieve the best cal would be a. security a b. security b c. security c d. security d

You hear your supervisor tell another supervisor that a fire drill will take place later today when the fire alarm sounds that afternoon you should