Sarah contributes $25,000 to a church. Sarah's marginal tax rate is 35% while her average tax rate is 25%. After considering her tax savings, Sarah's contribution costs

A. $18,750.
B. $8,750.
C. $6,250.
D. $16,250.


Answer: D

Business

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In the financial system, savers transfer funds to borrowers in exchange for

A. cash. B. gold. C. financial securities. D. derivative securities.

Business

The cash conversion cycle is found within the:

A) Operating period B) Accounts payable period C) Average collection period D) Holding period

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Robert S. Custer owns approximately 97 acres in Cumberland Valley Township, Bedford County, where he operates a nursery business. In March 2015, Custer purchased an electric generator for $1,500. Custer had the generator installed on a concrete pad near

his greenhouses and then had a steel shed type of enclosure installed around the pad and generator. The generator is bolted to the concrete to prevent vibrations and reduce noise. The generator is needed for back-up electricity for heating the greenhouses should an outage occur. Custer has run into financial difficulties and the bank is foreclosing on the land on which the nursery is located. Custer is vacating the premises and wants to take the generator with him. Is the generator a fixture or personal property?

Business

Data collection in the Web 2.0 environment includes each of the following except

A) folksonomy. B) chatterbots. C) scripting. D) polling.

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