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GrogVix [38]
4 years ago
11

"The legislation that requires a broker-dealer's research analysts to be completely separated from that firm's investment bankin

g department is the:"
Business
1 answer:
bogdanovich [222]4 years ago
6 0

Answer:

Sarbanes-Oxley Act of 2002.

Explanation:

Sarbanes-Oxley Act of 2002 is a legal framework which was passed by the 107th U.S Congress on the 30th of July, 2002. The law required that investment banking be completely made rid of research analysts who works at a broker-dealer firms, so that the analysts are not influenced to write favorable reports to enhance their potential investment banking businesses.

Hence, the legislation that requires a broker-dealer's research analysts to be completely separated from that firm's investment banking department is the Sarbanes-Oxley Act of 2002.

<em>It is a law that imposes a stiffer penalty for any securities related law break offence by the accountants, auditors etc by mandating strict reforms to the existing securities regulations. </em>

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In what circumstances is it most important to use multistage dividend discount models rather than constant-growth models?
patriot [66]

Answer:

when valuing companies with temporarily high growth rates.

Explanation:

Discounted dividend models are methods to assess a company's share price based on the dividends that company will distribute in the future. Also known by its name in English dividend discount model (DDM).

These models are based on the theory that the price of a share must be equal to the price of the dividends that the company will deliver, discounted at its net present value.

If the price of the share in the market is lower than the result obtained by the discounted dividend model, the share is undervalued and therefore it is advisable to buy. If, on the contrary, the market price is higher than the model, it is understood that the share price is too high.

Multistage dividend growth models

It is very difficult for a company to experience the same growth every year as the Gordon model assumes, so multistage models assume different growths for each period.

The most common is to use two or three stage growths, where at first the growths are higher but then tend to stabilize at a smaller constant growth. As for example in early stage companies.

5 0
3 years ago
What is the difference between a national bank and a state bank?
Daniel [21]
All national banks must be members of the Federal Reserve System, while state banks can join if they wish  
3 0
3 years ago
What are some of the key environmental forces that have changed the way projects are managed? What has been the effect of these
Evgesh-ka [11]

Answer: The answer is given below

Explanation:

• What are some of the key environmental forces that have changed the way projects are managed?

Some environmental forces which have

altered the way that projects are managed are the knowledge growth, product life cycle, technological changes, global competition, organization downsizing, and time to market.

• What has been the effect of these forces on the management of projects?

The effect of these forces on the management projects is that it resulted in more projects for every organization, it also resulted in changing structures of organization, accountability, the need for rapid completion of projects, the linking of projects to the strategies of the organization and the alliance with the external organizations.

• Why is the implementation of projects important to strategic planning and the project manager?

Strategic plans are typically implemented through projects. This could be through a new information system, a new product, or new plant for new product. It should be noted that the project manager is responsible for the timely completion of the project within the budget, and also within specifications in order for the customers to be satisfied. In cases whereby the project is not being linked to a organization's strategic plan, the resources that are being devoted to the project will result into wastage.

• What is meant by an integrative approach to project management? Why is this approach important in today?

An integrative approach to project management simply refers to one whereby there are interrelationships between all the parts. It should be noted that the approach is vital as an organization that utilizes it has a competitive edge and also provides an integrated system that is required for project implementation.

3 0
3 years ago
Yucca Co. updates its inventory periodically. The company's beginning inventory was $4,860 and purchases were $10,080 during the
erastovalidia [21]

Answer:

the cost of goods sold is $5,940

Explanation:

The computation of the cost of goods sold is shown below:

As we know that

Cost of goods sold is

= beginning inventory + purchase made - ending inventory

= $4,860 + $10,080 - $9,000

= $5,940

Hence, the cost of goods sold is $5,940

We simply applied the above formula so that the correct value could come

And, the same is to be considered

8 0
3 years ago
The city charges a homeowner a fee to pick up the garbage each week. which of these was provided by this transaction?
Liula [17]
<span>A service is provided by the transaction   i belive so </span>
6 0
4 years ago
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