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goldfiish [28.3K]
4 years ago
12

_____ is a law that requires ceos and cfos to vouch personally for the truthfulness and fairness of their firms' financial discl

osures and imposes tough new measures to deter and punish corporate and accounting fraud and corruption.
Business
1 answer:
Nikitich [7]4 years ago
3 0

The Sarbanes-Oxley Act requires both CEOs and CFOs to personally vouch for the reported financial earnings of a company. This law was passed shortly after the Enron scandal.

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Using the Exxon data as an example, what would be the market capitalization of Penny's Pickles if each share is selling for $175
ElenaW [278]

Answer:$1,753,500

Explanation:I multiplied the amount of stacks availible and how much the stocks cost.

5 0
3 years ago
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One of the advantages of off-the-shelf software is that ________________. a. the initial cost is lower because the software firm
77julia77 [94]

Answer: Option A                                      

   

Explanation: In simple words, it refers to the software that is readily available in the market unlike the custom made software which are made for a specific purpose.

The cost of such software is less as they do not demand the expertise and time that is needed to manufacture a custom made software.

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3 0
3 years ago
The Supply/Demand equilibrium price is __________ with an equilibrium quantity of _________. PRICE Column 1 Quantity Column 2 Qu
ArbitrLikvidat [17]

Answer:

a) price of $7 and quantity of 50 units

Explanation:

According to what I'm understanding of the table you got the following:

\left[\begin{array}{ccc}Price&Supply&Demand\\5&11&36\\6&36&68\\7&50&50\\7&73&37\\...&....&...\end{array}\right]

The equilibrium will be when both forces meet in this case, it is clear that it is happening at a price equal to $7 which generates a supply of 50 units and a demand for 50 units. Both have the same value so it is equilibrium

3 0
3 years ago
A 60-day, 9% note for $10,000, dated May 1, is received from a customer on account. The maturity value of the note is Select one
Andreas93 [3]
I would say $10,150. The 10,000 principal x 1.09 = 10,900 but this would be for 9% for one year whereas the term is 60 days or approx. 2 months or 1/6 of a year so the increase would be 900/6 = 150 so the total value would be $10,150.
6 0
3 years ago
All the following statements concerning ordinary life insurance are correct EXCEPT: Group of answer choices The face amount of t
Lera25 [3.4K]

Answer:

Correct Answer:

4. Ordinary life offers the policyholder the flexibility to meet a wide range of financial objectives.

Explanation:

Ordinary life insurance is a type of life insurance in which policyholders pay premiums for their whole lives at a set price and interval. <em>Despite offering protection in an event of unfortunate event for the policyholders, it does not offer the flexibility to meet wide range of financial objectives.</em>

<em>Ordinary life insurance policies are often considered paid up if the policyholder reaches 100 years of age.</em>

8 0
3 years ago
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