While vacationing you find a $100 bill on the beach. Nobody saw you find it. Assuming the
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Question:
While vacationing you find a $100 bill on the beach. Nobody saw you find it. Assuming the find meets the definition of gross income.
Would you report it as taxable income? Discuss the two parties involved and how they would be affected by your decision.
Related Book For
Principles Of Managerial Finance
ISBN: 978-0136119463
13th Edition
Authors: Lawrence J. Gitman, Chad J. Zutter
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