Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?
answer:
THE SEC
Answer:
A. Enters a national market after several other foreign firms have already done so.
Accurate measurement is VERY important in banking because banking is all about exact calculations. If one balance measure is off, the entire bank report will not be acurate. One little mess up and the entire calculation goes wrong.
Answer:
D. $285,000
Explanation:
When a company is acquired by another company, the parent company (the new owner) must report the assets at fair market value - amortization.
FV = $300,000
amortizable value = $100,000
depreciation for 3 years (2017, 2018 and 2019) = ($100,000 / 20) x 3 = 415,000
reported value = $300,000 - $15,000 = $285,000
Answer:
C. The government can change the reserve
ratio.
