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egoroff_w [7]
2 years ago
9

List three things you should look for when hiring a tax professional.

Business
1 answer:
Alja [10]2 years ago
8 0
They're qualified and have the right certifications. ...

They're available all year. ...

They understand your financial goals. ...
You might be interested in
You own 50 shares of Auto Corporation that you purchased for $30 a share. The stock is currently selling for $50 a share, and yo
timofeeve [1]

Answer: 50%

Explanation:

Purchasing price for each share = $30

Stop loss order placed at $45 for each share.

If the stock price drops to $35, the benefit earned = $ (45-30)= $15

Now, the return on this investment = (benefit earned) ÷(Purchasing price)x 100%

= (15)÷(30)x100%

= 0.5 x 100%

= 50%

So,  your return on this investment = 50%

3 0
4 years ago
Harry and Meghan have considered starting their own business but are concerned about the possibility of losing even their person
schepotkina [342]

Answer:

The correct option is D,form a corporation

Explanation:

The rationale for my choice of answer is that limited liability applies to a corporation which is found in other types of businesses.

Limited liability is a concept which implies that the liability of shareholders in a limited liability company is limited to the amount contributed to the business by a way of shares held in the company.

When a company runs into debt,the shareholders would not be required to make up such debts from their private pockets,hence Harry and Meghan personal effects are secure.

4 0
3 years ago
Using XXs for amounts, give the journal entry for each of the transactions, assuming perpetual inventory. (If no entry is requir
lawyer [7]

Answer:

Journal entries

Explanation:

1. Cash Dr XX

             To Sales revenue XX

(Being the cash sales is recorded)          

Since the cash is received so we debited the cash as it also increases the assets and the sales revenue would be credited as it an income for the company

2. Cost of goods sold XX

                To Merchandise inventory XX

(Being the cost of goods sold is recorded)

While calculating the cost of inventory we debited the cost of goods sold and credited the merchandise inventory

1. Account receivable Dr XX

             To Sales revenue XX

(Being the cash sales is recorded)          

Since the sales is made on account so we debited the account receivable  as it also increases the assets and the sales revenue would be credited as it an income for the company

2. Cost of goods sold XX

                To Merchandise inventory XX

(Being the cost of goods sold is recorded)

While calculating the cost of inventory we debited the cost of goods sold and credited the merchandise inventory

3 0
3 years ago
Parton Co. is a car manufacturing company that wants to hire a new product manager. Senior management decides to have the depart
gayaneshka [121]

Answer:

panel interview

Explanation:

Based on the information provided within the question it can be said that this is an example of a panel interview. This is a type of interview in which a group of individuals all ask questions to the potential candidate. This group of individuals then analyzes the question and make a group decision as to whether or not they will hire the individual for the job.

7 0
4 years ago
Which of the following comes closest to the value at the end of year 6 of investing $600 today (year 0) and then investing anoth
cestrela7 [59]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Investment= $600 today and $600 at the end of year 5

Interest rate= 3%

To calculate the final value, we need to apply the following formula on each investment:

FV= PV*(1+i)^n

FV= 600*(1.03^6)= $716.43

FV= 600*(1.03^1)= $618

Total FV= $1,334.43

5 0
3 years ago
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