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labwork [276]
3 years ago
12

The Sarbanes-Oxley Act requires the ____ to vouch for the truthfulness and fairness of a firm's financial disclosures. a. CEO b.

CEO, CFO, and COO c. CFO d. COO e. CEO and CFO
Business
1 answer:
KatRina [158]3 years ago
4 0

Answer:

The Serbanes-Oxley Act requires the Chief Executive Officer and the Chief's Financial Officer to vouch for the truthfulness and fairness of a firm's financial disclosures.

Explanation:

The CFO being in charge of the firm's financial affairs is saddled with such responsibility while the CEO being the one man at helms of affairs of the company is also responsible for the firm's financial probity,coupled with the fact the CFO may be required to report to the CEO depending on the structure of the firm.

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A(n) _________ is a yearly published statement of the financial condition, progress and expectations of an organization.
Anika [276]

Answer: Annual Report

Explanation:

Completing the question with right answer:

An annual report is a yearly published statement of the financial condition, progress and expectations of an organization.

The financial report is normally targeted at the stakeholders and other individuals who have interest in the organization.

4 0
3 years ago
Cost of common stock equity Ross Textiles wishes to measure its cost of common stock equity. The​ firm's stock is currently sell
lora16 [44]

Answer:

A)grow = 6.33%

Nxt year dividends(rounded to nearest cent): $4.31

B) The firm receives 93% (1 - flotation cost) of the market value of the shares so It receives the 42.06 per share

C)  stock return 15.86%

D) required rate of return (with flotation): 16.57%

Explanation:

<u>We solve for the constant grow rate:</u>

\frac{Div_0}{(1 + grow)^{time} } = Div_{time}

\frac{2.98}{(1 + grow)^{5} } = 4.05

grow= \sqrt[5]{4.05/2.98} -1

grow= 0.063280262

<u>Dividends for the sixth year:</u>

4.05 x (1.0633) = 4,306365

42.06 / (1 - flotation cost) = 45.23

flotation cost = 1 - 42.06 / 45.23 = 0.07 = 7%

rate of return without flotation:

4.31/45.23 + 0.0633 = 0.158590736 = 15.86%

solving for return considering the existence of flotation cost:

\frac{divends}{return-growth} = Intrinsic \: Value

\frac{divends}{Price} = return-growth

\frac{divends}{Price} + growth = return

$Cost of Equity =\frac{D_1}{P(1-f)} +g

D1 4.31

P 45.23

f 0.07

g 0.0633

$Cost of Equity =\frac{4.31}{45.23(1-0.07)} +0.0633

Ke 0.165763157 = 16.57%

6 0
3 years ago
A prospecting plan is best used by who
kipiarov [429]

sales teams

Explanation:

They use them for outlining the prosses of identifying the prospects or decision-makers who are most likely to become potential customers.

3 0
2 years ago
Hillward Bakers Inc. has been using a logo with the letters"HB-in blue color and a baker's hat above these letters since its inc
notsponge [240]

Answer:

B) Hillward can sue Hobert since the logo has been used by Hillward and is associated with it.

Explanation:

Since Hillwards logo is an elaborate piece of creative art, then they can sue Hobert for using their logo since it was associated directly to them during the past decade. Common logos are not usually protected by copyright unless they show significant creative artwork done.

It is always better and easier to protect a logo when it is a registered trademark but even if you haven't registered it you can still sue and win for infringement. When a company uses a logo, especially for a long time, it is establishing common law trademark rights.

4 0
4 years ago
A numerically controlled machining center has an average processing capacity of 5,000 units per day. It receives an average of 3
faltersainse [42]

Options A. 3000 units per day. B. 5000 units per day. C. 1000 units per day. D. None of the above.

Answer:C. 1000 units per day

Explanation: Flow rate is a manufacturing or production terminology used to describe the amount of a certain raw materials,goods or services that are able to pass through or be able to produce in a given time. It is often measured in Hours or day.

According to the question the amount the machine has to supply for the packaging machine to package per day as finished products is 1000 unit, what is means that the FLOW RATE OF THE MACHINE PROCESS IS 1000 UNITS PER DAY.

4 0
3 years ago
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