Answer:
And for the new case we know that the sales increase by a factor of 2%, so then we can find the new number of sales like this:
And the Total August sales would be given by:
And the correct answer for this case would be:
$63,750
Explanation:
For this case the original number of sales for this case is 5000 units and the unitary price is given by 
And the total sales for the original case would be given by:
And for the new case we know that the sales increase by a factor of 2%, so then we can find the new number of sales like this:
And the Total August sales would be given by:
And the correct answer for this case would be:
$63,750
Answer:
(a) If the Bills want to sell tickets to all 8 games by selling eight individual tickets, they have to set the price P = 120 − 10(8) = 120 − 80 = $40. This yields revenue of $40(8) = $320 from each fan.
(b) If the Bills practice second degree price discrimination, they can effectively charge
P = 120 − 10(1) = 120 − 10 = $110 for single games,
P = 110 + 100 + 90 + 80 = $380 = $95/ticket for a 4-game package, and
P = 110 + 100 + 90 + 80 + 70 + 60 + 50 +40 = $600 = $75/ticket for an 8-game package.
Answer:
B) companies to turn over responsibility for establishing and maintaining internal controls for financial reporting to auditors.
Explanation:
Sarbanes- Oxley is popularly called SOX and which is also know as the ''Public Accounting Reform and Investor Protection Act'' in the United States' Senate and ''Corporate and Auditing Accountability, Responsibility and Transparency Act'' is a USA federal law the sets out new regulations for all U.S public company boards, management and public accounting firms. Some part of the Act makes provisions that apply to privately owned companies.
The Sarbanes-Oxley is named after the bill sponsors that is Senator Sarbanes and a U.S Representative known as Micheal G. Oxley and this bill makes sure that the top management of a company must each individually determine and certify the accuracy of all financial information provided or stated. This bill was enacted in 2002 to curb a number of major corporate accounting scandals, especially those affecting big accounting firms like ; Enron, Tyco International, Adelphia, Peregrine Systems, and WorldCom that cost investors to loose a lot of money when the their shares collapsed.
As a guiding principal companies and organizations are supposed to adhere to the options mentioned above except for option B which states: companies to turn over responsibility for establishing and maintaining internal controls for financial reporting to auditors.
