Ira cook is planning to make a charitable contribution to the boy scouts of crystal, inc. stock worth $20,000. the stock has an adjusted basis of $15,000. a friend has suggested that ira sell the stock and contribute the $20,000 in proceeds rather than contribute the stock.

a. complete the statements below regarding whether ira should follow the friend's advice. (you may ignore any consideration of limitations to charitable contributions.)

selling the stock would result in a recognized gain of $ for regular income tax purposes. therefore, ira should not follow the friend's advice.

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a donor can achieve several tax advantages by making gifts of appreciated property.

Sara bought 12 3/4 cakes sara's friends ate 3/8 how much cake is left

Identify an organization with the low-total-cost value proposition and suggest at least two possible measures within each of the four balanced scorecard perspectives.

You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?