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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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if the interest rate on a savings account is 0.018%, approximately how much money do you need to keep in this account for 1 year
scZoUnD [109]
A = $9.99, the amount needed after 1 year 
r = 0.018% = 0.00018, interest rate
n = 12, compoundings per year
t = 1, one year duration

Let P =  required balance at the beginning of the year.
Then
P(1+ \frac{r}{n} )^{nt} = A
P(1 + 0.00018/12)¹² = 9.99
1.00018P = 9.99
P = $9.988 ≈ $9.99

Answer: $9.99

7 0
3 years ago
The panel of economists appointed by the senate finance committee estimated that the cpi ______ inflation by approximately _____
exis [7]

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8 0
2 years ago
Which component of table setting includes knives?
Keith_Richards [23]

Answer:

Steelware I think

Explanation:

7 0
3 years ago
Adams Industries holds 42,000 shares of FedEx common stock, which is not a large enough ownership interest to allow Adams to exe
olga2289 [7]

Answer:

investment in FedEx = 4410000

Unrealized holding gain = 420000

Explanation:

given data

FedEx common stock = 42,000 shares

market value = $95

market value = $105

to find out

what amount will it be reported in the 2019 balance sheet

solution

we know that It is coming under available for sale security since the shares hold is less than majority of outstanding shares

and here

investment in FedEx =42,000  × 105

investment in FedEx = 4410000

and

Unrealized holding gain is = ( 105 - 95 ) × 42000

Unrealized holding gain = 420000

5 0
4 years ago
Both Nadia and Samantha are applying to insure their car against theft. Nadia lives in a secure neighborhood, where the probabil
Sergio039 [100]

Answer:

Option B

Explanation:

Both Nadia and Samantha have insured their cars and willing to pay $100 over the expected loss for insurance. If the car is stolen the company would pay expected loss and would earn nothing and if the car is not stolen the company would not be liable for any loss and would earn $200, Therefore the company would earn between $0 and $200.

3 0
3 years ago
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