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2 years ago

Seven essential elements of an effective Compliance Program include:

Business

1 answer:

Wittaler [7]2 years ago

8 0

Answer:5. All of the above

Explanation: A compliance program is a set of policies,guildline,rules and standard operating agreement/ procedure put in place within an organization to ensure effective handling of activities. All the stated are features of an effective compliance program like Establishment of compliance standards of conduct and procedures,overall compliant oversight, due care in delegation of authority ( a necessary feature to ensure competent persons are delegated), monitoring and auditing, conducting effective communication channels, conducting effective training, responding and addressing failures).

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At $180, a firm can sell 18,100 stereo earphones (3.5 mm for android). These are premium earphones, guaranteed for 5 years. At t

kifflom [539]

Answer:

revenue falls by $167,005.08

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

When elasticity of demand is less than 1, demand is inelastic

Demand is inelastic if a small change in price has little or no effect on quantity demanded.

change in percentage demanded when price falls by 11% = 11% x 0.6 = 6.6%

Quantity demanded increases by 6.6%

Increase in quantity demanded = 18,100 x 1.066 = 19,294.60

decrease in price = 0.89 x $180 = $160.20

change in total revenue

(180 x 18,100 ) - ( $160 .20 x 19,294.60)

= 3,258,000 - 3,090,994.92

=167,005.08

6 0

2 years ago

Even though many ballparks practice price discrimination between adults and children in selling tickets, such discrimination is

IRISSAK [1]

Discrimination is not applied at the concession stands because there can be exchange of the product from children, who'd buy it at a lower price, to adults.

3 0

2 years ago

Read 2 more answers

When starting a new job, the form you complete to determine how much tax to withhold from your paycheck is called the _______.

maksim [4K]

Letter D. W-4 is the answer to your question.

5 0

2 years ago

Read 2 more answers

M. Bot Corporation has 10,000 shares of 8%, $100 par value, cumulative preferred stock outstanding at December 31, 2022. No divi

Andru [333]

Answer:

$135000

Explanation:

Given: Outstanding cumulative preferred stock of 10000 shares of 8% at $100

Dividend paid= $375000.

Now, calculating preferred stock.

Preferred stock= $(10000 shares\times $100\times 8\%)= \$ 80000$

∴ Preferred stock= $80000

Cumulative dividend paid to shareholder= $(80000\times 2 + 80000) = \$ 240000.$

∴ Cumulative dividend paid to shareholder= $240000

Next, computing the amount of dividends will common stockholder receive.

Total dividend paid= $375000.

Dividend received by common stockholder= $(\textrm {Total dividend paid - cumulative dividend paid})$

⇒ Dividend received by common stockholder= $(375000-240000)= \$ 135000$

∴ $135000 dividend will be received by common stockholder.

7 0

2 years ago

Sandy earned a salary of $50,000 last year. Her parents gave her a car valued at $23,000 for her birthday. In addition, she earn

IgorLugansk [536]

Answer:

$51,200

Explanation:

Gross income computation includes all forms of income such as wages, rents, royalties, dividend etc. However, gifts and inheritances are not considered as a part of the gross income.

Therefore, Sandy's gross income consist of her salary, and the interest income

Sandy's Gross income = 50000 + 1200

= $51,200

The inheritance of her grandmother's estate and car gift are not included as a part of Sandy's gross income.

5 0

2 years ago