Well it is the toltal of the cost that will be created by it did it and got it correct
Basically, the Sarbanes Oxley Act was not a single Act, but a series of Acts that were designed to expand starting requirements for companies such as firms and overall businesses. Section 404 is one of the Acts that are specifically set on the company's control on their financial reports made. As a result, internal management or more commonly known as the Internal Affairs program of a company must provide a detailed and clear-written (straight-to-the-point) report on the company's structure (how they do things) and creating, or establishing, a set of procedures on how they plan to report their financial status.
Answer:
$ 363,880
Explanation:
The seller must cover the mortgage, closing costs, and brokerage fee. Once these expenses are covered, the down payment is added. This adds the minimum amount for the house price.
Mortgage 290,000
Closing costs 1,400
Brokerage fee <u> 17,400</u> (6% * 290,000)
<h3>Total Expenses 308,800</h3>
Down payment <u> 55,000</u>
<h3><u>Minimun price</u> 363,880</h3>
Answer:
B) The Law of Demand
Explanation:
The correlation between the volume demanded, and the price of a good is explained by demand law. As per this law, price and the quantity demanded have an indirect or inverse relationship. An increase or decrease in price results in quantity demanded moving in the opposite direction.
Should the prices of a product or service increase, its demand falls.
Answer:
$462
Explanation:
The computation of the net present value is shown below:
= Present value of all year cash inflows by considering the salvage value - initial investment
where,
Present value of all year cash inflows by considering the salvage value is
= Annual cash flows × PVIFA factor for 4 years at 15% + Salvage value × discount rate at 4 year on 15%
= $54,000 × 2.855 + $11,000 × 0.572
= $154,170 + $6,292
= $160,462
And, the initial investment is $160,000
So, the net present value is
= $160,462 - $160,000
= $462
We simply applied the above formula to determine the net present value
Refer to the PVIFA table and discount factor table
This is the answer but the same is provided in the given option