The following formula is used to calculate the specific gravity of a material. Where SG = specific gravity, Ï = density of the material (kg/m3), ÏW = density of water ( kg/m3). The reference density of water at 4oC (39oF) is used as the reference as these are the conditions of maximum density.
Most business owners donât know how long they should hold on to old records. According to the IRS, hereâs how long you should keep those records: Permanently: 1  general ledgers and journals. 2  payroll records, including W-2s, 940s, 941s. 3  year-end financial statements.4  tax returns and supporting documents. 5  articles of incorporation, bylaws, meeting minutes, etc. 6  retirement plan records.ost business owners donât know how long they should hold on to old records. According to the IRS, hereâs how long you should keep those records: Permanently: 1  general ledgers and journals. 2  payroll records, including W-2s, 940s, 941s. 3  year-end financial statements. 4  tax returns and supporting documents.
Taxes and supporting records (e.g., tax-related medical bills, donations, etc): The common recommendation is 7 years, because that's how far back the IRS usually goes if you're audited. The IRS has more specific guidelines, with advice varying from 3 years to indefinitely in cases for fraudulent returns). How Long to Keep Business Records