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Discussion
Both non deductible contributions to a traditional IRA and contributions to a Roth IRA are similar in the sense neither provides a tax deduction at the date of contribution. Which of the two types would be most advantageous to taxpayers, and why?
Your client is about to establish his own business and hires at least 10 employees. They ask you for advice concerning establishing a qualified versus a non-qualified retirement plan. What do you advise your client? Would your answer change if you were a potential employee? Why or why not?
thom jones ssn 000-00-1111 is an unincorporated manufacturer of widgets. he uses the lcm method to value his inventory
Evaluate the MIRR of the project using all three methods - evaluating a project with the subsequent cash flows:
Prepare a variance analysis report with both flexible-budget and sales-volume variances.
Andrew and John are discussing various aspects of SAC2 'Objective of general purpose financial reporting'. Andrew says that this concept statement provides little, if any, guidance to the practising professional accountant in resolving accounti..
Calculate net present value of each of the options and determine which option Crossroad should select using the NPV criterion and what non-financial factors should Crossroad consider before making its choice?
Evaluate whether Balanced Scorecard and Triple-Bottom Line approaches provide managers with accurate and actionable information to make effective decisions in the short and long term;
question 1prof. obrien realized his dream and opened obrien vineyards. at this point he only gives a pinot noir but
A business pays weekly salaries of $30,000 on Friday for a five-day week ending on that day. The adjusting entry necessary at the end of the fiscal period ending on a Thursday is
Which item grew faster during this two-year period- net sales or net income (net loss)? Can you offer a possible explanation for these changes?
You are the forensic accountant for Jamestown Electric. What are the accounting issues in this case? What are the damages in this case? What documents and other information do you intend to seek? Illustrate what is the basis for your opinion?
P6-6B You have the following information for Limex Watches. Limex uses the periodic method of accounting for its inventory transactions. Limex carries only one brand of handcrafted jewelry watches - all are identical. Each batch of watches purchased ..
what is the amount of depreciation expense for each of the five using the straight line method and what is the amount of depreciation expense for each of the five years using the double declining balance method?
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