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4 years ago

The Sarbanes Oxley Act (SOX) internal control standards apply only to companies listed on U.S. exchanges. True or false?

Business

1 answer:

Vera_Pavlovna [14]4 years ago

4 0

Answer:

True

Explanation:

The Sarbanes Oxley Act (SOX) is a federal law in the United States that applies to listed or public companies i.e. companies whose shares are traded freely on the stock exchange. The law, which was established in 2002 following several corporate scandals, put in place comprehensive financial and auditing regulations for listed companies.

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In business, it is important to establish your _____ from your first day on the job. multiple choice question.

Elan Coil [88]

In business, it is important to establish your <u>credibility</u> from your first day on the job

What Is Business Credibility?

Credibility is the quality of being trusted by a specific group of people. In terms of conversion rate optimization, business credibility is defined as the quality of being trusted by your target customers.
Ideally, customer’s trust is expressed through positive behavior towards your brand, of which the final outcome is an increased conversion rate.
We are living in a time when everything is commercialized and everyone wants to sell us something – especially corporations.
Therefore, interestingly, human brains react in a more or less “passive-aggressive” way to this scenario – we consumers tend to distrust brands at first glance.
Because we believe their goal, after all, is to make money.

To know more about business credibility, refer:

brainly.com/question/13248328

#SPJ4

5 0

2 years ago

Stock prices start to rise:

LenaWriter [7]

Answer:

b.when the unemployment rate begins to decline following a recession.

Explanation:

In a recession there is usually a general decline in economic activities and a resultant decrease in spending. When recession occurs people will have less money to spend on buying stock so prices will fall s a result of reduced demand.

If however the economy is coming out of recession, economic activities are picking up, and unemployment begins to decline. This will lead to greater economic wealth, people will have more money to spend and demand for shares will rise. This will in turn lead to rise in price of shares.

5 0

4 years ago

Item 1Item 1 Narchie sells a single product for $50. Variable costs are 60% of the selling price, and the company has fixed cost

Katarina [22]

Answer:

$235,000

Explanation:

The computation fo the safety margin is shown below:

As we know that

Margin of safety = Expected sales - break even sales

where,

Expected sales is

= 29,000 units × $50

= $1,450,000

And, the break even sales is

= Fixed cost ÷ contribution margin per unit

= $486,000 ÷ ($50 - $50 × 0.60)

= $486,000 ÷ $20

= 24,300 units

And, the selling price is $50

So the break even sales is

= 24,300 units × $50

= $1,215,000

So, the safety margin is

= $1,450,000 - $1,215,000

= $235,000

3 0

3 years ago

Suppose that a 1-year zero-coupon bond with face value $100 currently sells at $89.75, while a 2-year zero sells at $79.88. You

irina [24]

Answer:

Check the explanation

Explanation:

Let’s assume that a one/1-year zero-coupon bond with facial value of $100 sells for $89.75 as at present, while a 2year zero sells at a figure of $79.88. You are contemplating the purchase of a 2year maturity bond making yearly coupon payments. The facial value of the bond is $100, and the coupon rate is 10% per year.

a. the yield to maturity of the 2-year zero, y2 = (100 / 79.88)1/2 - 1 = 11.89%

b. the yield to maturity of the 1-year zero, y1 = (100 / 89.75) - 1 = 11.42%

Price of a 2 year coupon bond, P0 = 10 / (1 + y1) + 110 / (1 + y2)2 = 10 / (1 + 11.42%) + 110 / (1 + 11.89%)2 = 96.843

Hence, YTM of the 2 year coupon bond = Rate (Period, PMT, PV, FV) = RATE (2,10, -96.843, 100) = 11.86%

c. The forward rate for the second year, F12 = (1 + y2)2 / (1 + y1) - 1 = (1 + 11.89%)2 / (1 + 11.42%) - 1 = 12.36%

d. If the expectations hypothesis is accepted:

(1) the expected price of the coupon bond at the end of the first year, P1 = 110 / (1 + F12) = 110 / (1 + 12.36%) = 97.90

and (2) the expected holding-period return on the coupon bond over the first year = (P1 + Coupon - P0) / P0 = (97.90 + 10 - 96.843) / 96.843 = 11.42%

e. the correct answer to question E is the second option showing: Lower

4 0

3 years ago

Vicky and Lee vacation in Cancun, Mexico, every year. They purchased the right to stay in a beach condo for the first two weeks

Crank

Answer:

The answer is timeshare

Explanation:

A timeshare is a way for a number of people to share ownership of a property. Timeshare is fractional ownership in a vacation property. Each buyer usually purchases a certain period of time in a particular unit. Almost all timeshares are resort or vacation properties.

6 0

3 years ago