Answer:
internal disclosure controls and procedures.
Explanation:
"Internal disclosure controls and procedures" is a new term created by the Sarbanes-Oxley Act of 2002 and it refers to controls and procedures that must be setup by top management of a corporation in order to ensure that the information it discloses under the Securities Exchange Act is properly recorded, processed, summarized and reported.
Answer: 6.42%
Explanation:
To calculate this, we use the formula for the Dividend Discount Model/ Gordon Growth Formula as follows:
P = D1/(r - g)
Where,
P = current stock price
D1 = Next dividend
r = required return
g = growth rate
We can make r the subject of the equation by,
P = D1/(r - g)
P(r - g) = D1
r - g = D1/P
r = D1/P + g
Calculating therefore we have,
r = 2.65/43.15 + 0.045
= 0.06417728852
= 6.42%
6.42% is the required return.
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Answer:
gain surplus from paying a lower price
Explanation:
An effective price ceiling will cause consumers to "gain surplus from paying a lower price."
This is based on the idea that an effective price ceiling usually leads to prices being below the equilibrium price or equates to a lower price.
At this point, the buyers demand more of the products, while the sellers have a lower incentive to produce more. And therefore, the quantity demanded will exceed the quantity supplied.
Hence, consumers gain excess (more demands) by paying a lower price.
Sole proprietorships are often owned by financial institutuins
Setting your priorities could be a primary third desicion when it comes to making financial decisions.