Assume reginald worthington who pays 40 percent in income


Assume Reginald Worthington, who pays 40 percent in income taxes, plans to contribute $100,000 to not for profit Ravenswood Community Hospital. Without the contribution, his tax bill would be $500,000. What would his tax bill be if he makes the contribution?

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Financial Management: Assume reginald worthington who pays 40 percent in income
Reference No:- TGS01282696

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