____ is an method used by employers to choose whom to send through expensive development programs.

On December 20, 2017, Mr. and Mrs. Garrison purchased four tickets for a New Year's Eve party at their church, a qualified charitable organization. Each ticket cost $75 and had a fair market value of $50. The Garrisons gave two of the tickets to a needy family in the community. Mr. Garrison tended bar at the party from 8 p.m. to 4 a.m. and was paid $40. The usual charge for such services is $80. Immediately before midnight, Mr. Garrison pledged $200 to the building fund and delivered a check for that amount on January 2, 2018. Of the amounts described above, the total amount that the Garrisons can include as a charitable contribution deduction for 2017 on a joint return is

a. $340 b. $200 c. $140 d. $100

A project manager is using the payback method to make the final decision on which project to undertake. The company has a 10% required rate of return and expects a 4% rate of inflation for the following four years

What is the non-discounted payback of a project that has cash flows as shown in the table? Year Cash Flow 0 -$250,000 1 $50,000 2 $60,000 3 $70,000 4 $80,000 A) 3.875 years B) 3.625 years C) 3.750 years D) 3.500 years