Answer:
If someone deliberately understates costs and thereby causes reported profits to increase, this can cause the stock price to rise above its intrinsic value. The stock will probably fall in the future. Both those who participated in the fraud and the firm itself can be prosecuted.
Explanation:
When a companie's profits are overstated this gives investors the confidence to buy more shares demand increases and so does price.
When the fraud is discovered shareholders will lose confidence in the firm and stock prices will fall.
When a fraud occurs those involved will be prosecuted. The firm will also be prosecuted for negligence because if internal controls were properly put in place, the fraud would have been detected.
The correct answer would be 278 and 5 percent, respectively. <span>In 1999, the bureau of labor statistics reported that 278 died from electrocutions at work, accounting for almost 5 percent of all on-the-job fatalities that year. Hope this answers the question. Have a nice day.</span>
Answer:
Earnings per share = Net income/No of ordinary shares outstanding at the end of the year
Earnings per share = $290,000/240,000 shares
Earnings per share = $1.21
Therefore, Price-earnings ratio = Market price per share/Earnings per share
Price-earnings ratio = $70/1.21
Price-earnings ratio = 57.85
Explanation: First and foremost, there is need to calculate earnings per share by considering the net income and then divide it by the number of common stocks outstanding at the end of the year. Price-earnings ratio is obtained by dividing the market price per share by earnings per share.
Answer:
According to consumer price index a tuiton of 1,834 in 1989 is worth: $3,591.58 in 2009
Explanation:
To convert a past price into future we do as follow:

229/117 = 1.9572649
Then, we multiply the past amount by this multiplier to get the value in todays dollars:
1,835 x 1.9572649 = 3,591.581 = 3,591.58
Given that <span>Melissa
has been working to develop drought-resistance seeds that require
little water to grow and which produce grain. she wants to send these to
arid parts of the world, where conventional grain is not easy (or even
impossible) to grow to improve nutrition for the people in those
countries. in sociological terms, melissa most likely ascribes to </span><span>Cornucopian theory.</span>