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2012-2024 Form
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FAQs
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How do I fill out the SS-4 form for a new Delaware C-Corp to get an EIN?
You indicate this is a Delaware C Corp so check corporation and you will file Form 1120.Check that you are starting a new corporation.Date business started is the date you actually started the business. Typically you would look on the paperwork from Delaware and put the date of incorporation.December is the standard closing month for most corporations. Unless you have a signNow business reason to pick a different month use Dec.If you plan to pay yourself wages put one. If you don't know put zero.Unless you are fairly sure you will owe payroll taxes the first year check that you will not have payroll or check that your liability will be less than $1,000. Anything else and the IRS will expect you to file quarterly payroll tax returns.Indicate the type of SaaS services you will offer.
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Water flows into the tank through two pipes and flows out of the third pipe spontaneously. Pipe A would fill the tank in 3 hours, pipe B would fill in 4 hours, and pipe C would flow out in 12 hours. How long will the tank take to fill?
Pipe A => 1/3 fillingPipe B => 1/4 fillingPipe C => -1/12 emptyingthus:1/3 + 1/4 - 1/12 = 1/t4 + 3 - 1 = 12/t6 = 12/tt = 12/6 = 2 hrs => answer
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On any number of blank multiple choice questions, is it better to fill in each answer with the same answer (e.g., "C" over and over), or fill out each answer randomly?
Let us take the CFA L1 exam as an example:There are 240 three-choice questions (33% probability of a correct answer for each question).Assuming a passing score of 70%, we need to get at least 240 * 70% = 168 correct answers to succeed.If we pick all Cs (in the case of a 3-choice MCQ) we can expect a score of 33%*240 = 80 but we are sure to fail (assuming correct choices of As, Bs and Cs are equally distributed), while if we choose randomly, our expected score should also be 80 but our range of results will go from 0 to 240, so we should go for this option. For each chosen number of correct answers we have a binomial distribution with a mean of np = 240 * 33% = 80 and a standard deviation of [np(1-p)]^0.5 = 7.3. Therefore, the minimum threshold of 168 is about 12 σ away from the mean which means chances of succeeding by randomly picking As, Bs or Cs are infinitesimal. a) The probability of 168 correct answers in whatever order out of 240 questions is 240! * (1/168!) * [1/(240-168)!] * (33%^168) * [(1-33%)^(240-168)].We must also account for 169 correct answers, 170, 171... until 240, and sum all those amounts.b) We can also use the Excel BINOMDIST function and calculate 1 - BINOMDIST(167, 240, 1/3, TRUE) to find the cumulative probability from 168 to 240 correct answers. We find a very small figure of order E-15 (which happens to be negative, should be positive, probably Excel cannot handle such a small figure).This is the probability to succeed in passing the CFA L1 exam by randomly choosing between As, Bs or Cs.As a conclusion, we have the choice between picking all Cs (0% success rate) and picking randomly between As, Bs and Cs (infinitesimal success rate, but infinitely better than 0%).The smart choice is the second one, and the real smart choice is to study for the exam.
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A gas is filled in a vessel at 27 C. To what temperature should it be heated, in order that 1/3rd of the gas may escape out of the vessel?
Let us consider that the gas is ideal gas.Here, pressure is constant .Volume is constant as volume of gas is actually volume of container which is not changing , gas is just escaping out .So , no. of molecules changes if initially there were n molecules now 1/3 escape out so we are left with 2/3 molecules .Hence , no. of molecules =2/3 nUsing , ideal gas equation we have ,PV=nRTfrom this eq we get that T is inversely proportional to n ( no. of molecules)Hence , T1/T2=n2/n1T1=27°C=273+27=300Kn2=(2/3)*n1Put these values in the above eq we get 300/T2=n1/(2/3)*n1Thus, T2=(300*3)/2 =450K =177°C
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