The delegated authority of the Securities and Exchange Commission (SEC) on establishing accounting principles for publicly traded companies in the United States impacts all <u>publicly held companies</u>.
<h3>What is the role of the SEC?</h3>
The Securities and Exchange Commission (SEC) is a well-recognized U.S. government oversight agency.
It is responsible for regulating the securities markets and protecting investors' investments.
It does this, by:
- Maintaining fair, orderly, and efficient markets
- Ensuring compliance with financial regulations
- Ensuring transparency in financial reporting
- Facilitating capital formation.
Thus, the delegated authority of the Securities and Exchange Commission (SEC) on establishing accounting principles for publicly traded companies in the United States impacts all <u>publicly held companies</u>.
Learn more about the Securities and Exchange Commission at brainly.com/question/3798508
The difference between an inventor and an entrepreneur is that, an inventor develops new services and goods but he does not have them to the market. An entrepreneur risks resources may it be human, capital or natural in order to bring to the market improved and new products.
The risk which is incurred between entrepreneur and inventor is that, entrepreneur undergoes huge financial risks because a lot of money is being invested while inventor has low financial risk since there is no big investment which is being required.
Answer:
The correct answer is $2,500,000,000.
Explanation:
According to the scenario, the computation of the given data are as follows:
Operating capacity = 80%
Sales = $2 billion
Fixed assets = $600,000,000
So, we can calculate the level of sales by using following formula:
Level of sales = Sales ÷ operating capacity
= $2,000,000,000 ÷ 80%
= $2,500,000,000
Answer:
The yearly depreciation on the asset is $56,111.11
Explanation:
In calculating the right-of-use asset on a lease,the present of value of future cash payments,that is lease liability amount is added to any lease payments paid on or before commencement of lease agreement,direct initial costs,as well as with any likely amount to be incurred in restoring asset's site or dismantling the asset after usage.
In this case,only present value of future cash flows is available,hence that is the amount of right-of-use to depreciated over nine year period.
Depreciation=$505000/9years
=$56111.11
Answer:
money invested in high yield financial
