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RoseWind [281]
3 years ago
5

Pursuant to Treasury Circular 230, which of the following statements about the return of a client's records is correct?a. The pr

actitioner may retain copies of the client's records.b. The client's records are to be destroyed upon submission of a tax return.c. The practitioner does not need to return any client records that are necessary for the client to comply with the client's federal tax obligations.d. The existence of a dispute over fees generally relieves the practitioner of responsibility to return the client's records.e. None of the above
Business
1 answer:
Katena32 [7]3 years ago
5 0

Answer:

A. The practitioner may retain copies of the client's records

Explanation:

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rayer Corporation has income from continuing operations of $319,000 for the year ended December 31, 2017. It also has the follow
faltersainse [42]

Answer:

before tax     305,500

tax expense    48,880

after tax        300,620

Explanation:

income from continuing operations of   319,000

Capital gain                                                 33,500

understatement of 2016 income               20,000

loss on available-for-sale securities.        (58,800)

discontinued operations                      <u>       (8,200)  </u>

Total other comprehensive income      305,500

tax expense        16%                             <u>    (48,880)  </u>

net                                                              300,620

We will list each transaction, notice the understatement of 2016 income means the company recognize a lower income than it should, so we increase the other comprehensive income.

5 0
3 years ago
The inspection point is the ________.
Semenov [28]

Answer:

The inspection point is the stage of the production cycle where products are checked to determine whether they are acceptable or unacceptable units

Explanation:

3 0
3 years ago
The next dividend payment by ZYX, Inc., will be $2.95 per share. The dividends are anticipated to maintain a 4 percent growth ra
Alona [7]

Answer:

9.09%

Explanation:

The required return of  ZYX, Inc shall be determined using the following mentioned formula:

r=[d(1+g)/MV]+g

In the given question

r=required rate of return of ZYX, Inc=?

d(1+g)=next dividend payment to be made by the ZYX, Inc=$2.95

MV=current selling price of share=$58

g=growth rate of dividend=4%

r=required rate of return=[$2.95/$58]+4%

r=required rate of return=9.09%

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3 years ago
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He said that he was going to <span>provide consulting services for small businesses that ask for it for free</span>
8 0
3 years ago
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VladimirAG [237]

Answer and explanation:

I disagree. It is a fact that developing countries cannot keep the pace of developed countries when it comes to producing technological inventions because of the differences in resources -capital and knowledge. However, everyday technology is faster at the reach of people's hands regardless of where they are located in the world. It is indeed bridging the technology access developing countries have with the developing countries. It now depends on developing countries in finding out how they use that technology to improve the masses' lifestyles.

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