I will buy stock during bear market because bear markets give opportunity to buy stocks that are on low price.
Explanation:
A bear market is when the prices fall always. An investor usually purchases the stock at a low price later when the prices goes up he sells and earn a huge profit. 'Buy low, sell High' principle is followed.
A bull market follows a bear market. There is more profit opportunity in a bear market.The rewards are potentially greater if we decided to buy stock in bear market.
Answer: Internal control system are required by Sarbanes-Oxley (SOX) to be documented and certified if the company's stock is traded on an exchange (a public company).
Explanation:
Internal controls are the procedures mechanisms and rules implemented by a business to ensure the integrity of its accounting and financial information, promote accountability, and also prevent fraud.
Besides complying with regulations and law and hindering employees from commiting fraud or stealing assets, internal controls can improve operational efficiency through the improvement in the timeliness and accuracy of financial reporting.
Internal controls are a vital business function for every company in the United States since the accounting scandals that occurred in the early 2000s. The Sarbanes Act of 2002 was to improve accuracy of corporate disclosures and protect investors from fraudulent activities.
In this scenario, the buying decision of Matt
is likely to be influenced by an opinion leader. Sandy is
considered as an opinion leader because he is a car enthusiast and owns several
cars which mean he has a wide knowledge about cars. Matt will be confident that
Sandy will be able to give a reasonable opinion about the cars.
Answer:
$30,000
Explanation:
The computation of the amount received by Janet is given below:
Loss on sale of other assets is
= $150,000 - $50,000
= $100,000
Share of Janet in loss is
= $100,000 × 5 ÷ 10
= $50,000
So,
Janet revised capital balance is
= $80,000 - $50,000
= $30,000
