In horizontal filling, documents are placed in a horizontal position, one on the top of another in order of date and the latest document is kept on the top. The best example of horizontal filing is flat files and arch lever file.
Answer: have the highest rates of return for a given level of risk
Explanation:
When it comes to investment, one must realize that there are investments with varying risks and these risks must be compensated for by the return offered. The return should therefore be based on the risk of the individual investment not a general risk.
This is what efficient portfolios do. They have investments that offer the highest rates of return for the given level of risk that those investments have so that the investor is receiving the highest return possible for their investment.
Answer:
Explanation:
Economic value added=NOPAT-(CAPITAL * WACC)
NOPAT=(SALE - OPERATING COST)(1-TAX SALE)
=($12500 - $7025)(1 - 0.40)
-5475*0.60
=$3285
EVA = $3285 - (18750 * 9.5%)
= $3285 - %1781.25
=$1503.75
Answer:
The correct answer is C
Explanation:
Sarbanes–Oxley Act, 2002, also acknowledged as the Public Company Accounting Reform and Investor Protection Act, it is a US federal law which set or create the expanded requirements for all the public company boards of the US, public accounting firms and the management.
The SOX Act, Section 302, require the management to determine the compliance of the activities of the financial reporting along with the applicable standards of the financial reporting. Therefore, this section dealt with the certify of the financial statements of the company.
