Answer:
When tax season comes, he hires an accountant from one of "the Big Four" accounting firms to help him file his business's tax return. In this scenario, John has most likely hired a <u>Tax</u> Accountant
Explanation:
A Tax Accountant helps the individual or businesses that hire them fill out their tax forms properly, advise them about future financial moves that can affect their taxes and file taxes with the appropriate documentation electronically so that your clients receive their refunds as quickly as possible.
They can work as a direct employee or as an independent contractor who runs their own business.
They take charge of tax preparation and help your clients to lower their tax obligations when filing tax returns.
If an individual is audited, they handle this audit for them to ensure that the individual gets through the process unharmed.
Answer:
D- All of the above
Explanation:
Edg. 2021, took the test and got 100 percent
Answer:
The correct answer is letter "A": True.
Explanation:
Stability strategies are those in which the firm does not change its core method of working, thus, it remains to focus on its current products and markets. Carrying out stability strategies is a less risky approach. The types of stability strategies can be <em>no-change strategy; profit strategy; </em><u><em>and</em></u><em> growth through concentration, integration, diversification, co-operation, internationalization.</em>
Answer:
- ($51,306)
Explanation:
Given that,
Loss of Contribution = $75,000
Fixed costs will be eliminated by dropping the CUP line = $23,694
Net loss on dropping cup line:
= Loss of contribution - Gain on fixed costs on dropping cup line
= $75,000 - $23,694
= - ($51,306)
Therefore, the net effect on dropping the cup line on net income is $(51,606).
Answer:
The yield to maturity is 9.127%
Explanation:
The yield to maturity is the yield or return on the bond as a percentage of its current price in the market. The formula to calculate the yield to maturity is:
YTM = C + {(F - P) / n} / {(F + P) / 2}
Where,
- C is the coupon payment / interest payment on the bond
- F is the face value of the bond
- P is the current market price of the bond
- n is the years to maturity
The coupon payment = 1000 * 0.113 = 113 per year
So, YTM = 113 + {(1000 - 1127.3) / 8} / {(1000 + 1127.3) / 2}
YTM = 0.09127 or 9.127%
