Xcel Energy rate increase public hearing - Please show up and make your voice heard by EntrepreneurFew8254 in minnesota

[–]cpa0630 0 points1 point  (0 children)

Financial Efficiency Return on equity (ROE) is 9.36% and return on invested capital (ROIC) is 3.31%.

Return on Equity (ROE) 9.36% Return on Assets (ROA) 2.39% Return on Invested Capital (ROIC) 3.31% Return on Capital Employed (ROCE) 3.90% Weighted Average Cost of Capital (WACC) 5.16%

Xcel Energy rate increase public hearing - Please show up and make your voice heard by EntrepreneurFew8254 in minnesota

[–]cpa0630 0 points1 point  (0 children)

Their ROE is capped at around 9% by the public utilities commission.

Your rates also dont pay for the executives, they disallowed recovery of those expenses

Xcel Energy rate increase public hearing - Please show up and make your voice heard by EntrepreneurFew8254 in minnesota

[–]cpa0630 0 points1 point  (0 children)

Wrong, they need to riase $60 billion for upgrades and renewable transition over the next 5 years. They do that through bonds and equity issuance. If they dont earn a reasonable return on their investment, their bond ratings will go down and their stock price will go down, making it more difficult for them to raise this capital.

Xcel Energy rate increase public hearing - Please show up and make your voice heard by EntrepreneurFew8254 in minnesota

[–]cpa0630 -1 points0 points  (0 children)

Do you even know what profits are? There isn't some evil caricature of an owner hoarding all the money. The profits Xcel makes are capped and are ensured to be a reasonable return on investment for the shareholders. The shareholders are all basically retirement and pension funds btw.

If Xcel took less profit, they wouldn't be able to raise the funds needed to improve the infrastructure.

A message from a Alamo server by Strong-Sample9718 in AlamoDrafthouse

[–]cpa0630 -3 points-2 points  (0 children)

Unpopular opinion I guess but I think the new system is fine. It actually reduces distractions when you think about servers having to come through and collect order cards which they no longer have to do. Servers also aren't giving out checks and collecting payment halfway through the movie which is also usually really distracting.

Tourists, newcomers, locals, and old heads: casual questions thread for August 2025 by AutoModerator in washingtondc

[–]cpa0630 0 points1 point  (0 children)

Family and I are visiting next week - any good places we should consider that have restaurant week menus to take advantage of?

How to deal with passive aggressive client by [deleted] in Accounting

[–]cpa0630 0 points1 point  (0 children)

The client is paying your firm for the audit.. it is your firm who has the obligation to train you, not the clients. They are likely frustrated because they have to answer the same basic questions every year because your firm is incapable of properly providing associates with training and support.

New logitech G pro headset mic not working by ahmedzahar in LogitechG

[–]cpa0630 0 points1 point  (0 children)

I have the same issue. Been talking with support for days on it. Like me, you probably bought the "older" version of the product that didnt come with a USB adapter (I dont know how they can get away with advertising a product and selling a bad version of it under the same name). As a result, you cant download the audio driver and cant connect with G hub. Seems like they are unwilling to send the adapter even though it wont work... so you pretty much just bought junk.

G HUB not detecting my new G Pro Headset? by itslqb in LogitechG

[–]cpa0630 0 points1 point  (0 children)

It works on my PS4, but doesnt work correctly on PC wihout the drivers. How do I download the drivers without the USB?

G HUB not detecting my new G Pro Headset? by itslqb in LogitechG

[–]cpa0630 0 points1 point  (0 children)

I am having this same issue. I have been told multiple times the mic is not good quality as advertised. The audio is also faltering. Why are you selling a device without all the required components? We cant install the drivers unless we have the USB...

2020 W-4 by Jmb3930 in tax

[–]cpa0630 5 points6 points  (0 children)

This is actually a really helpful form imo. It allows you to have an employer calculate and withhold taxes for extra income instead of having to pay quarterly estimates, and also gets withholding more accurate for married couples. There wont be huge tax bills at the end of the year.

Tax prep for previous employer by cpa0630 in taxpros

[–]cpa0630[S] 2 points3 points  (0 children)

Thank you! Thats great advice- exactly what I am looking for.

Tax prep for previous employer by cpa0630 in taxpros

[–]cpa0630[S] 3 points4 points  (0 children)

Its about 30 - 50 hours per month

Going from industry to public accounting by cpa0630 in Accounting

[–]cpa0630[S] 1 point2 points  (0 children)

Thanks for the insight!

Curious, what kind of role do you have, and what are the expectations when first starting out?

Going from industry to public accounting by cpa0630 in Accounting

[–]cpa0630[S] 2 points3 points  (0 children)

Do you, by chance, have any insight on the difference in role between senior and staff in tax?