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2 years ago

hat type of company is required by the sarbanes-oxley act to have a code of ethics available to all employees?

1 answer:

4 0

All companies that are publicly traded are required by the sarbanes-oxley act to have a code of ethics available to all employees.

Every share which is available for purchase in the stock market is issued by a publicly traded company. A company becomes publicly traded by making an initial public offering of shares in the company, which in turn helps it to raise the capital and give both the investors and the company a powerful way to create wealth.

The stock market has proven over the history to be one of the greatest vehicles of wealth generation ever.

To know more about publicly traded companies here:

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Listening, writing, speaking, observing and _____________________ all play an integral part in our contemporary lifestyle.

Elena-2011 [213]

Answer:

empathizing; communication

Explanation:

Communication is the process of the exchange of thoughts and ideas. In this process the information is communicated by the sender and the receiver is intended to receive the same. The receiver shares the feedback and responds to the message and this brings an end to an active communication. The skills required for a heathy communication are listening, speaking, observing and empathizing. These skills helps in communicating the messages in smooth and better way.

4 0

3 years ago

The incentive problem under communist central planning refers to the idea that:

belka [17]

Answer and Explanation:

B. workers, managers, and entrepreneurs could not personally gain by responding to shortages or surpluses or by introducing new and improved products.

7 0

4 years ago

NewKirk Inc.., is an unlevered firm with expected annual earnings before taxes of $21 million in perpetuity. The current require

IrinaVladis [17]

Answer:

$11,895,000

Explanation:

Expected annual earnings before tax = $21,000,000

Debt issue = $30,000,000

Interest rate = 9%

Annual Interest expenses = $30,000,000 × 9%

= $2,700,000

EBT = EBIT - Interest expenses

= $21,000,000 - $2,700,000

= $18,300,000

Net income = $18,300,000 × (1 - 35%)

= $11,895,000

Cash flows available to equity holders after recapitalization will be $11,895,000.

8 0

3 years ago

PGP Co. expects to issue a $1,000 face-value bond that matures in 8 years. The annual coupon rate is 9% and interest payments ar

Harlamova29_29 [7]

Answer:

Required return is 8.75%

Explanation:

Given,

FV (Face Value) is $1,000

PV (present Value) is computed as:

PV = FV × Price

= $1,000 × 101.4%

= $1,014

Nper (Number of years) is 8 years

PMT (Monthly payment) is computed as:

PMT = FV × Coupon rate

= $1,000 × 9%

= $90

r (Required return) is computed by using the excel formula:

=Rate(nper, pmt, pv, fv, type)

= Rate (8,90,-1014,1000,0)

= 8.75%

4 0

3 years ago

36. Comparing Cash Flow Streams [LO1] You've just joined the investment banking firm of Dewey, Cheatum, and Howe. They've offere

SpyIntel [72]

Answer:

the second option

Explanation:

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

first option

Cash flow in year 1 and 2 - $85,000

1 = 7

PV = $153,681.54

Second option

Cash flow in year 0 = $20,000

Cash flow in year 1 and 2- $74,000

I = 7

PV = $153,793.34

the pv of the second payment is higher than the first so the seconf would be choosen

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

153,681.54

7 0

3 years ago