The turtle society, a nongovernmental not-for-profit entity (nfp), receives numerous contributed hours from volunteers during its busy season. chris, a clerk at the local tax collector’s office, volunteered 10 hours per week for 24 weeks transferring turtle food from the port to the turtle shelter. his rate of pay at the tax office is $10 per hour, and the prevailing wage rate for laborers is $6.50 per hour. what amount of contribution revenue should turtle society record for this service?

a. $1,560
b. $0
c. $2,400
d. $840

Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.