Answer:
The return on investment was 9.38%
Explanation:
Data provided in the question:
Amount invested in dividend stock = $60
Dividend received = $0.63
Amount for which dividend was sold = $65
Now,
The total return from the dividend
= (Selling cost + Dividend received ) - Amount invested
= $65 + $0.63 - $60
= $5.63
Therefore,
The return on investment = [ (Total return ) ÷ Amount invested ] × 100%
= 
× 100%
= 9.38%
Hence,
the return on investment was 9.38%
Answer: delayed reaction.
Explanation:
The scenario depicted in the question is an example of a delayed reaction. Before the announcement was made that a new chip design had been developed, Acme common stock closed at $20 but since the announcement was made, there has been an increase in the closing price of the stock .
This shows that the information flow had an effect on the price of the stock and this led to the delay in market reaction. Therefore, this is referred to as a delayed reaction.
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: Option (2)
Explanation:
Engagement letter is referred to as an or known as an agreement for the services firm in order to provide the services to the client. This letter is known to be essentially an abbreviated agreement which defines services that are to be performed and also amount of the compensation that is to be paid. These letters are mostly required by the service firms that are engaged in the audit, tax, consulting, finance and legal advice.
