Answer:
Sarbanes-Oxley Act of 2002.
Explanation:
Sarbanes-Oxley Act of 2002 is a legal framework which was passed by the 107th U.S Congress on the 30th of July, 2002. The law required that investment banking be completely made rid of research analysts who works at a broker-dealer firms, so that the analysts are not influenced to write favorable reports to enhance their potential investment banking businesses.
Hence, the legislation that requires a broker-dealer's research analysts to be completely separated from that firm's investment banking department is the Sarbanes-Oxley Act of 2002.
<em>It is a law that imposes a stiffer penalty for any securities related law break offence by the accountants, auditors etc by mandating strict reforms to the existing securities regulations. </em>
ANSWER:
Path Breakers:
Leo is very confident in his own style of selling, he doesn't go the conventional way, and has charted out a route for himself that gets him the desired results.
Challengers:
Anna puts in a lot of hard work everyday. She also puts in extra effort and record the highest number of visits and calls per day.
Dependable problem solvers:
Tanya understands her customer's business and thinks in a directed manner to solve their problems in an assertive manner through communication.
Toilers:
George always follows up with his customers after a sale. He makes sure that the product has been as per promised by getting in touch with his customers.
Hope this helps!
Answer:
The equivalent interest rate under continuous compounding is 5.8%
Explanation:
Annual compounding
A = P(1+r)^n
P = $1,000
r = 6% = 0.06
n = 1 year
A = 1000(1+0.06)^1 = 1000(1.06) = $1060
Continuous compounding
A = Pe^rt
A = $1060
P = $1000
t = 1 year
1060 = 1000e^r
e^r = 1060/1000 = 1.06
e^r = 1.06
r = ln 1.06 = 0.058 = 5.8%
Answer: (D) enter; rightward
Explanation: As new firms enter the market, there is a shift in the supply curve to the right, decrease in market prices and decrease in economic profit.
Answer:
cash payments for merchandise total is $44,000
Explanation:
purchase for the year
Beginning Investment + Purchases - Ending Investment = Cost of Merchandise sold
13,500 + Purchases - 10,500 = 45,000
Purchases = 42,000
Therefore, the total cash paid for merchandise
Beg. A/P + Purchases - End. A/P = Cash Paid
7,000 + 42,000 - 5,000 = $44,000
