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Firdavs [7]
3 years ago
15

Bob, CPA, has a client with a strong belief that he is correct about an aggressive but creative tax position. Bob thinks otherwi

se and has documented his position. Bob files the tax return as his client wishes but also includes disclosure on his client's position. There is no substantial authority on this tax position. The client agrees with Bob that the position should be disclosed to the __________
Business
1 answer:
yKpoI14uk [10]3 years ago
5 0

Answer:

IRS ,AICPA Statements on Standards for Tax Services.

Explanation:

From the question, we are informed about Bob, that has a client with a strong belief that he is correct about an aggressive but creative tax position.

and how Bob files the tax return with disclosure on his client's included.

In the case of agreement on the disclosure of the position, then it should be disclosed to IRS. which is a form of Statements on Standards for Tax Services.they are responsible for quality control as far as tax is concerned.

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2 Sasha is a hotel manager. She has 30 employees and they are
mel-nik [20]

Answer:

1. Enhanced customer service.

2. Employee retention.

Explanation:

1. Enhanced customer service - motivated employees always take ownership of their job. In hospitality, it is important to provide best quality customer service. Having motivated employees mean employees are ready to serve customers in the best possible way.

2. Employee retention - since a new hotel has just opened up, they will be looking for hiring people locally, to retain her current employees it is important for Sasha to keep her employees motivated.

4 0
3 years ago
Read 2 more answers
Bad Boys, Inc. is evaluating its cost of capital. Under consultation, Bad Boys, Inc. expects to issue new debt at par with a cou
timofeeve [1]

Answer:

9.09%

9.327%

Explanation:

For computing the weighted cost of capital first we have to determine the cost of preferred stock, cost of common stock and the after cost of debt is shown below:

The Cost of preferred stock is

= Preferred dividend ÷ market price of preferred stock

= $2.50 ÷ $25

= 10%

The cost of common stock is

= (Expected dividend ÷ market price) + growth rate  

= ($1.50 ÷ $20) + 0.05

= 12.50%

And, the after cost of debt is

= Before cost of debt × (1 - tax rate)

= 0.08 × (1 - 0.35)

= 5.2%

Now the WACC is

= Weightage of debt × cost of debt + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of  common stock) × (cost of common stock)

= (0.45 × 5.2%) +  (0.05 × 10%) +  (0.50 × 12.5%)

= 2.34 + 0.5 + 6.25

= 9.09%

In the second case, the WACC is

= Weightage of debt × cost of debt + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of  common stock) × (cost of common stock)

= (0.30 × 5.2%) +  (0.05 × 10%) +  (0.65 × 12.5%)

= 0.702 + 0.5 + 8.125

= 9.327%

4 0
3 years ago
What is the reason most practices don't have an emergency plan?
Allushta [10]

Answer:

The correct answer is C, The staff thinks that an emergency won't happen to them.

Explanation:

Emergency plans are necessary in all practices. Staff must be fully taught of what has to be done and what would be the plan in case of emergency. But most practices don't have emergency plans. This is because of the fact that the staff thinks that an emergency won't happen to them. This is not a wise approach. Emergency planning has to be done in all practices because nobody know what happens in the next second.

4 0
3 years ago
PLEASE HELP ME!!!<br> How are mental, physical, and financial health related? Three sentences
cricket20 [7]

Answer:

They are related because all of the heaths are commonly linked to anxiety and depression. So when a person is financially struggling they can have anxiety which affects their mental health which affects there want to be physical which makes their physical health bad. So all of these are linked together so if one is bad then the others are sure to become bad too.

4 0
3 years ago
What is organizing in business management
melamori03 [73]

Answer:

Organizing involves assigning tasks, grouping tasks into departments, delegating authority, and allocating resources across the organization. ... Before a plan can be implemented, managers must organize the assets of the business to execute the plan efficiently and effectively.

6 0
3 years ago
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