1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
eimsori [14]
3 years ago
15

In 2003, several investment banking firms were fined $1.4 billion for ethics abuse related to the underwriting process. will thi

s be a deterrent for ethical lapses?
Business
1 answer:
Mkey [24]3 years ago
3 0
This can be a deterrent for engaging in practices that are ethically wrong during underwriting process.
Knowing that they could be fined large amount of money if found to be engaging in acts that ethically incorrect will serves to discourage investment banking firms from such acts.<span />
You might be interested in
Sarah just completed her 1040EZ tax return form and double-checked it. Now she should _____.
malfutka [58]
Send to IRS by April 15
6 0
3 years ago
Read 2 more answers
Suppose Brian is in the market for a used textbook and the campus bookstore is having a sale. If the initial price of the used b
Misha Larkins [42]

Answer:Percentage change  in the book price =7.17%

Explanation:

Initial Price of the  used  book = $73.25

Discounted price = $68.00

Percentage change  in the book price = Initial Price - Discounted price/ Initial Price) x 100

($73.25 - $68.00) /$73.25 =5.25 /$73.25 =0.07167

=7.17%

4 0
2 years ago
Rearrange the letters
Illusion [34]

Answer:

Jesus loves you have a blessed day!

Explanation:

6 0
2 years ago
Prior period adjustments are reported in the: Multiple Choice Multiple-step income statement. Statement of cash flows. Single-st
beks73 [17]

Answer:

Statement of retained earnings.

Explanation:

The prior period adjustment refers to the adjustment in which there is an accounting error in the previous period and i.e to be reported in past year period but now it would be corrected in the financial statement. This adjustment we called prior period adjustment

Moreover, it should be reported in the statement of retained earnings

Hence, the second last option is correct

3 0
3 years ago
Walker Company prepares monthly budgets. The current budget plans for a September ending merchandise inventory of 27,000 units.
harkovskaia [24]

Answer:

Walker Company

a. Merchandise Purchases Budget for the months of July, August, and September:

                                     July             August      September

Sales units                210,000        290,000       290,000

Ending inventory       43,500           43,500         27,000

Goods available      253,500         333,500        317,000

Beginning inventory  31,500           43,500         43,500

Purchases               222,000        290,000       273,500

b. The ratio of ending inventory to the next month's sales = 15% (Ending Inventory/Sales next month * 100)

c. The units budgeted for sale in October = 180,000 units.

Explanation:

a) Data and Calculations:

September ending inventory = 27,000 units

Ending inventory always equal to 15% of budgeted sales for the following month.

                  Sales (Units)    Purchases (Units)

July              210,000             222,000

August        290,000            290,000

September 290,000            273,500

October       180,000

                                     July             August      September      October

Sales units                210,000        290,000       290,000        180,000

Ending inventory       43,500           43,500         27,000

Goods available      253,500         333,500        317,000

Beginning inventory  31,500           43,500         43,500         27,000

Purchases               222,000        290,000       273,500

6 0
2 years ago
Other questions:
  • (1 point)
    5·1 answer
  • Processing of the mRNA begins before transcription of eukaryotic mRNA\'s is complete. The end of the mRNA is prepared for recogn
    10·1 answer
  • If a lawmower you recently purchased quit working how would you slove that problem
    10·1 answer
  • 1960 the per capita GDP of Hong Kong was substantially less than that of Argentina and Venezuela. By 2005, the per capita income
    8·1 answer
  • A ceiling fan that was purchased at a local hardware store and then is attached to the ceiling becomes _______ to the property.
    7·1 answer
  • If you are planning to carry a large balance on your credit card,following credit card features should you look for
    15·1 answer
  • Eula, a company that manufactures soda, offers its latest products at very low prices. Eula's strategy is based on the assumptio
    14·1 answer
  • After an interview, you are told that the company is unsure of when a decision will be made. Because you have some time and want
    6·1 answer
  • If the price of basketballs goes up from $7.99 to $14.99, what can be expected from suppliers of basketballs as a result?
    8·1 answer
  • a sophisticated blank test might involve manipulating an advertising variable like schedule or copy through cable systems, and o
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!