Which of the following is an example of corporate social marketing? 

a. Suisan announcing their donation of food to the Food Basket of Hawaii Island. 

b. Allstate employees participating American Cancer Society’s Relay for Life. 

c. HFS giving out cookies to customers who come into the bank. 

d. Big Island FCU selling chocolate bars for The Alzheimer’s Association.

A company purchases an asset that costs $13,000. This asset qualifies as three-year property under MACRS. The company uses an after-tax discount rate of 10% and faces a 34% income tax rate. (Use Table 1, Table 2 and Exhibit 12.4.) 1. Demonstrate that the PV of the depreciation deductions, when the income tax rate is 34%, is $3,677. 2. Given an after-tax discount rate of 10%, what tax rate would be needed in order for the PV of the depreciation deductions to equal $4,420? Use the Goal Seek function of Excel. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Demonstrate that the PV of the depreciation deductions, when the income tax rate is 34%, is $3,677. (Do not round intermediate calculations. Round "PV factor" to 3 decimal places and other answers to 2 decimal places.) Depreciation Deduction x PV Factor Present Values Year MACRS % Savings 1 33.33 % $ 4,332.90 $ 1,473.19 0.909 1,339.13 2 44.45 5,778.50 1,964.69 0.826 1,622.83 3 14.81 % 1,925.30 654.60 0.751 491.60 7.41 % 963.30 327.52 0.683 223.70 100.00 % 13,000.00 $ 4,420.00 3,677.26