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ACC 568 Final Exam Guide Part 1<br>Question 1Which of the following is not an assumption of the linear breakeven model: <br>Question 2George Webb Restaurant collects on the average $5 per customer at its breakfast & lunch diner. Its variable cost per customer averages $3, and its annual fixed cost is $40,000. If George Webb wants to make a profit of $20,000 per year at the diner, it will have to serve__________ customers per year. <br>
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ACC 568 MART Career Path Begins/acc568mart.com CJA 234 MART The power of possibility/cja234martdotcom ACC 568 Final Exam Guide Part 1 FOR MORE CLASSES VISIT www.acc568mart.com ACC 568 Final Exam Guide Part 1 Question 1Which of the following is not an assumption of the linear breakeven model: Question 2George Webb Restaurant collects on the average $5 per customer at its breakfast & lunch diner. Its variable cost per customer averages $3, and its annual fixed cost is $40,000. If George Webb wants to make a profit of $20,000 per year at the diner, it will have to serve__________ customers per year. Question 3In the linear breakeven model, the breakeven sales volume (in dollars) can be found by multiplying the breakeven sales volume (in units) by:
ACC 568 MART Career Path Begins/acc568mart.com CJA 234 MART The power of possibility/cja234martdotcom ACC 568 Week 2 Assignment 1 client Letter (Foreign Source Income Rules) FOR MORE CLASSES VISIT www.acc568mart.com Assignment 1: Client Letter You are a CPA professional and are assisting a new client who is expanding a business that operates in the United States to having a global presence with operations in foreign countries. The new client is concerned about how he can mitigate the U.S. tax impact from revenue sourced in foreign countries. The client was advised by a friend that claims he did not have to pay any U.S. tax on income received from outside the U.S. Use the Internet and your text to research the various rules regarding source rules for income and deductions. Write a one to two (1-2) page paper in which you:
ACC 568 MART Career Path Begins/acc568mart.com CJA 234 MART The power of possibility/cja234martdotcom ACC 568 Week 4 Assignment 2 Foreign Persons Trade / Business and U.S.-Sourced Income FOR MORE CLASSES VISIT www.acc568mart.com ACC 568 Week 4 Assignment 2 Click the link above to submit your assignment. Students, please view the "Submit a Clickable Rubric Assignment" in the Student Center. Instructors, training on how to grade is within the Instructor Center.Assignment 2: Foreign Persons Trade / Business and U.S.-Sourced Income Due Week 4 and worth 200 points
ACC 568 MART Career Path Begins/acc568mart.com CJA 234 MART The power of possibility/cja234martdotcom ACC 568 Week 6 Assignment 3 International Taxation and Foreign Tax Credits FOR MORE CLASSES VISIT www.acc568mart.com Assignment 3: International Taxation and Foreign Tax Credits Due Week 6 and worth 280 pointsAssume you are a CPA working as a tax professional and are hired by a client who is a U.S.-based taxpayer and is interested in expanding the business into foreign markets.Using the Internet or Strayer databases, conduct research on the various tax impacts for U.S. companies that expand abroad. Write a four to six (4-6) page paper in which you: 1. 2. Based on your research, assess at least two (2) types of organizations that the taxpayer could establish abroad and the various tax impacts that these types of organization may cause. Provide support for your rationale.
ACC 568 MART Career Path Begins/acc568mart.com CJA 234 MART The power of possibility/cja234martdotcom ACC 568 Week 8 Assignment 4 Transfer Pricing FOR MORE CLASSES VISIT www.acc568mart.com Assignment 4: Transfer Pricing Due Week 8 and worth 320 points Transfer pricing is probably one of the biggest tax issues facing taxing authorities. Transfer pricing involves allocating revenues and costs between countries in order to create the best possible tax situation for a multinational company. For this assignment, you will be required to respond to the following scenario:
ACC 568 MART Career Path Begins/acc568mart.com CJA 234 MART The power of possibility/cja234martdotcom ACC 568 Week 10 Assignment 5 Audit Letter to IRS FOR MORE CLASSES VISIT www.acc568mart.com Assignment 5: Audit Letter to IRS Due Week 10 and worth 160 points You are a CPA working as a tax professional and have been hired by a client who comes to you with a letter from the IRS indicating that it is auditing several items on the client’s tax return and making the following assertions: 1. The method the client used to value foreign currency exchanges is incorrect. 2. An undervalued international exchange of appreciated property should show a larger gain. 3. Sales through export operations were underreported and revenue is understated.
