Last year, the McJellyBelly Corporation provided the American
Red Cross $5 million targeted for the Boulder/Longmont/Lyons,...
Last year, the McJellyBelly Corporation provided the American
Red Cross $5 million targeted for the Boulder/Longmont/Lyons,
Colorado area which will need funds to help this area recover from
the natural disaster that struck there. From a Corporate social
responsibility standpoint, we would consider these funds as
___________________.
A. Corporate policy C. Taxation without representation
B. Corporate philanthropy D. Compliance funds
Solutions
Expert Solution
B) Corporate philanthropy
Explanation: Corporate philanthropy is an act of corporation to
promote welfare by donating funds at time. In this case a donation
of $5 million is done for a social cause by the corporate.
st year, the McJellyBelly Corporation provided the American
Red Cross $5 million targeted for the Boulder/Longmont/Lyons,
Colorado area which will need funds to help this area recover from
the natural disaster that struck there. From a Corporate social
responsibility standpoint, we would consider these funds as
___________________.
A. Corporate policy C. Taxation without representation
B. Corporate philanthropy D. Compliance funds
a. Donna donates stock in Chipper Corporation
to the American Red Cross on September 10, 2018. She purchased the
stock for $24,325 on December 28, 2017, and it had a fair market
value of $34,750 when she made the donation.
The stock is treated as (capital gain or ordinary income)
property and Donna's charitable contribution deduction is $
______tax purposes.
b. Assume instead that the stock had a fair
market value of $20,850 (rather than $34,750) when it was donated...
Donna donates stock in Chipper Corporation to the American Red
Cross on September 10, 2019. She purchased the stock for $23,450 on
December 28, 2018, and it had a fair market value of $33,500 when
she made the donation.
a. What is Donna’s charitable contribution
deduction?
The stock is treated as property and Donna's
charitable contribution deduction is $ for tax purposes.
b. Assume instead that the stock had a fair
market value of $20,100 (rather than $33,500) when it was...
Red Cross and American Blood Centers (ABC) are the major blood
banks in the United States. Red Cross represents 47% of the market
share and ABC represents 46% of the market share. This means the
blood bank market is very close to a duopoly market structure. Both
companies advertise aggressively. Construct a payoff matrix using
the following information:
If neither firm advertises, Red Cross and ABC both earn profits
of $750 million a year.
If both firms advertise, Red Cross...
John Lyons has undergone treatment for kidney stones three times
in the last year. Today he calls this primary provider with
complaints of acute, excruciating, colicky, pain that radiates down
the thigh toward the genitalia. The pain started last night, and
has become progressively more severe. He also complains of the urge
to void but has little urine output, and it is blood tinged. Due to
the pain, he has not taken any fluids or food in 24 hours. Mr....
6. The American Red Cross created a series of advertisements
encouraging viewers to donate blood. After viewing the
advertisement, Amanda went to the local Red Cross office and
donated a pint of blood. Afterwards, Amanda returned home feeling
satisfied that she had performed a good deed. Was this a marketing
exchange?
A. No, because the Red Cross is non-profit organization.
B. Yes, because the Red Cross ran an advertisement.
C. Yes, because the donated blood was exchanged for a feeling...
EA2. LO 9.3Consider the national nonprofit organization the
American Red Cross. Assume you are the regional director of the
organization, and you just received the quarterly financial
reports. Even though the organization is a nonprofit, assume it is
set up as a profit center because it is helpful for the financial
reports to show both donations and expenses by each
region/location. One particular report shows there is one location
in your region that is extremely over budget on nearly every...
The American Red Cross seemed in its true element following
September 11, 2001. It was flooded with donations to do its highly
needed and regarded work. Most of those donations went to its
Liberty Fund. But shortly after it started to disperse the funds,
the media began asking questions. And the American Red Cross soon
wore a patina of tarnish. Learn about the research that evaluated
Americans’ perception of the Red Cross and how research by Wirthlin
Worldwide helped craft...
Question 1)
5 unrelated people donate blood at the red cross. If there is a
60% chance that a person has O blood type...
Part A. What is the probability they have at least one person
with O blood type?
Part B. What is the probability they have at most two people with O
blood type?
Part C. What is the expected number of people who will have O blood
type?
Part D. If instead it was 500 unrelated people,...
Eagle Corporation had $10 Million in Sales last year. Cost of
goods sold were $6 Million, depreciation expense was $1 Million,
interest payment on outstanding debt was $2 Million, and the firm’s
tax rate is 35%. What was Eagle Corporation’s Net Income (after
tax)?
What was Eagle Corporation’s Net Cash Flow? (1 point) What would
happen to Net Income and Cash Flow if Depreciation increased by $1
Million?
What would happen to Net Income and Cash Flow is the
Depreciation...