If these were the given choices:
A) Wells Fargo
B) Countrywide
C) J.P. Morgan Chase
D) Bear Sterns
My answer would be C) J.P Morgan Chase
The SEC filed civil false-certification charges against J.P Morgan Chase because they misled investors into investing in a complex mortgage securities transaction during the time when the housing market was starting to go down.
J.P Morgan Chase agreed to pay a settlement that will reimburse the affected investors their total investments.
Answer:
$6210.00
Explanation:
The computation of total dollar return on the investment is shown below:-
Total Return on Shares = (Dividend + (Sale price - Purchase price)) × Number of Shares
= ($0.65 + $40.18 - $36.23) × 1,350
= $4.6 × 1,350
= $6210.00
Therefore for computing the total return on shares we simply applied the above formula.
The amount of dollars that it would cost to buy an edinburgh sweaters if the exchange rate is 1.50 dollars per one british pound is: $75.
<h3>Dollar amount to buy an buy an edinburgh woolen mill </h3>
Using this formula
Dollar amount=Cost of woolen mill sweater×Exchange rate
Where:
Cost of woolen mill sweater=50 pounds
Exchange rate=1.50 dollars
Let plug in the formula
Dollar amount=50×$1.50
Dollar amount=$75
Inconclusion the amount of dollars that it would cost to buy an edinburgh woolen mill sweater is $75.
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Buying a new car is not an example of a risk management strategy.
<h3>What do you mean by risk management strategy?</h3>
A risk management strategy is a systematic and consistent approach to identifying, assessing, and managing risk.
Travel insurance is an example of this. We do not accept the risks of a lost suitcase or an accident abroad, as well as the associated costs; instead, we pay a travel insurance company, so that they bear the financial consequences.
Thus, Buying a new car is not an example of a risk management strategy.
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Answer:
Ethics of accounting information is providing accounting information to make good economic decisions in the financial statement of the organization.
Explanation: