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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 781 |
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This will result in Wawa, a corporation, saving large sums of money and the School of Business acquiring the land and property without a cash outlay. “For any one year, a corporate taxpayer’s contribution deduction is limited to 10% of taxable income.†(Smith, 5-15) The land and property historical cost was more than a $1 million dollars, which is why we have assets in excess of a $1 million...
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“Liberal arts colleges spend approximately 40% of their general and educational budget on faculty salaries.†(Lugt, pg 3) Because of this fact, we have allocated $300,000 for faculty salaries. This is slightly under 40% because the School of Business will be at its fledgling stage and will not require a large number of faculty members...
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