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polet [3.4K]
3 years ago
9

Indira’s financial services company knowingly financed high-risk securities during a time when all their competitors were doing

the same, and like others, they were caught in the process. Over the next decade, what is likely to be the most quantifiable cost to the company?
Business
1 answer:
fomenos3 years ago
3 0

Answer:

ongoing legal defenses

Explanation:

Based on the scenario being described within the question it can be said that the most quantifiable cost to the company would be ongoing legal defenses. That is because they are financing high-risk securities and all the other competitors were caught, therefore there is a high chance that they will as well and are going to need legal defense.

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Dmitrij [34]
Hello!

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8 0
3 years ago
The Constitution defines all of the following as limits of the government’s power to tax except that _____.
Arisa [49]
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4 0
3 years ago
Rent expense in Volusia Company's 2016 income statement is $420,000. If Prepaid Rent was $70,000 at December 31, 2015, and is $9
d1i1m1o1n [39]

Answer:

$445,000

Explanation:

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5 0
3 years ago
Which of the following would not be a current asset? Certificates of deposit that mature in six months Cash Customer receivables
zavuch27 [327]

Answer:

Supplier bills payable in 30 days

Explanation:

This is current assets

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The Supplier bills payable in 30 days is a current liability

7 0
4 years ago
Three (3) State taxes and briefly describe each
siniylev [52]
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