Your client donated their Shell stock to their church. The stock, which was purchased 10 months ago, had a FMV of $55,000 and a cost basis of $48,000. What is the maximum value of the deduction and what is the AGI threshold that it is subject to

The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?

Identify the accounting assumption or principle that is described below. (a) select the accounting assumption or principle is the rationale for why plant assets are not reported at liquidation value. (note: do not use the historical cost principle.) (b) select the accounting assumption or principle indicates that personal and business record-keeping should be separately maintained. (c) select the accounting assumption or principle assumes that the dollar is the "measuring stick" used to report on financial performance. (d) select the accounting assumption or principle separates financial information into time periods for reporting purposes. (e) select the accounting assumption or principle measurement basis used when a reliable estimate of fair value is not available. (f) select the accounting assumption or principle dictates that companies should disclose all circumstances and events that make a difference to financial statement users.

What is the cause of smoky exhaust?