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.
While Leeds says there are financial documents you should keep for life, most can be held three years or less. Here are some quick guidelines on how long to hold the most common small business financial documents: Unless it shows proof of a deductible expense, many documents and receipts can be shredded monthly or annually, says Leeds.