An effect of the Sarbanes-Oxley Act of 2002 was to reduce the accounting profession’s level of self-regulation.
<h3>What did the Sarbanes-Oxley Act of 2002 do?</h3>
The Sarbanes-Oxley Act of 2002 was passed in the wake of the Enron and WorldCom financial sagas in order to reduce the incidence of companies misleading their stockholders.
The Sarbanes-Oxley Act of 2002 led to more regulation over the accounting profession and a reduction in their self-regulation because large accounting companies had been implicated in the saga.
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<span>A.
constructive direction.</span>
Answer:
$87,200
Explanation:
The computation of the total amount of merchandise purchase is shown below:
As we know that
Cost of goods sold = Beginning merchandise inventory + purchase of merchandise - ending merchandise inventory
$69,400 = $11,600 + purchase of merchandise - $29,400
$69,400 = -$17,800 + purchase of merchandise
So, purchase value of merchandise is
= $69,400 + $17,800
= $87,200
Answer:
Decrease
Explanation:
Calculation to determine overall break-even point for the entire company
Contribution margin for C90B = ($19,950-
$5,985)/$19,950
Contribution margin for C90B = 70%
Contribution margin for Y45E =( $26,190- $10,476)/$26,190
Contribution margin for Y45E= 60%
Therefore Based on the above calculation if the sales mix were to shift toward Product C90B with total dollar sales remaining constant, the overall break-even point for the entire company
Would DECREASE reason been that C90B have more contribution margin ratio of 70% compare to Y45E which had contribution margin ratio of 60%
Answer:
it would be A the two forms are: Partnership & Corporation
Explanation:
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