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andreev551 [17]

3 years ago

6

The _____ was/were enacted to restore confidence in financial reporting and business ethics after the accounting scandals of the

early 2000s.

1 answer:

dybincka [34]3 years ago

6 0

The Sarbanes-Oxley Act was enacted. It gave more responsibility and harsher penalties to managers who signed off on financial records.

You might be interested in

Which accurately explains how profit is calculated? A. Benefits and costs are balanced. B. Total retail sales are determined. C.

andre [41]

Answer:

Costs are subtracted from revenues.

Explanation:

As we know

Profit is calculated when the cost is subtracted from revenues.

In mathematically,

The profit = Revenues - cost

The profit which would be calculated above is shown in the debit side of the income statement.

As the income statement records all the expenses or cost incurred and all the revenues which are generated

6 0

3 years ago

When Fisher-Price comes up with an idea for a new toy, it needs to ensure that the children who play with the toy will not choke

Dmitriy789 [7]

Answer:

The correct answer is Product Development Stage.

Explanation:

If any of the changes are required to be incorporated in a design, the best point of attempting these changes is in the product design phase such that the considerations are included from the initial stage and the design effort is not wasted.

6 0

3 years ago

Shannon Company segments its income statement into its North and South Divisions. The company’s overall sales, contribution marg

a_sh-v [17]

Answer:

<u>North Division:</u>

Sales 154,000 12.8%

Variables Cost 101,640 8.44%

Contribution Margin 52,360 4.39%

<u>South Division:</u>

Sales 1,050,000 87.20%

Variables Cost 630,000 52.33%

Contribution Margin 420,000 34.84%

Total Contribution 472,360 39.23%

Fixed Cost 262,500 21.18%

Net Income 209,860 17.43%

Explanation:

First we do the income statements

then we add both sales figures together:

154,000 + 1,050,000 = 1,204,000

And add the percentajeof sales for each line

4 0

3 years ago

On August 5, 2021, Wildhorse Furniture shipped 30 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining s

elixir [45]

Answer:

$6,150

Explanation:

Calculation to determine what The total profit on units sold for the consignor is

Total profit=[ (20)×($820 - $320 )] - (20 × $820)(.05) - $1,710 - $570 - $750

Total profit=(20*$500)-($16,400*.05)-$1,710-$570-750

Total profit=$10,000-$820-$1,710-$570-750

Total profit=$6,150

Therefore The total profit on units sold for the consignor is $6,150

8 0

2 years ago

In the line there are 7 pupils ahead of seth and 5 pupils behind him how many pupils in the line

9966 [12]

7 + 5 = 12

12 + Seth = 13

6 0

3 years ago