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2 years ago

What was the CEO of Tyco accused of doing?

Business

1 answer:

RSB [31]2 years ago

4 0

Answer:

The correct answer is A.) Falsifying records to keep the company stock price from falling.

Explanation:

Kozlowski and CEO Mark Swartz, also of Boca Raton, were convicted in a trial in 2005 on criminal charges for taking unauthorized bonuses, abusing corporate loan programs, falsifying records, and conspiracy. He went to prison in New York where he was in charge of laundry.

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Describe how money that you save in the bank can be channeled to an investor.

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If a monthly investment is being done then you can set up a once month automatic payment.<span> Write a check in the name of investment or you can also make an electronic transfer to the establishment you are investing in. </span>

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2 years ago

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QS 3-7 Adjusting prepaid (deferred) expenses LO P1 For each separate case, record the necessary adjusting entry. On July 1, Lope

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Answer:

S/n General Journal Debit Credit

a Insurance expense $1,200

Prepaid Insurance $1,200

(To record insurance expired)

b Supplies expense $6,200

Supplies $6,200

($5,000 + $2,000 - $800)

(To record supplies used)

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3 years ago

When a member searches for new solutions that will achieve both the individual goals of group members and the group goals, what

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Accommodating conflict style is being used.

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3 years ago

In 2012, XYZ Inc., a medical equipment distributor, sold 10,000 units of its hospital beds at an average price of $500 per unit.

ivann1987 [24]

a. The preparation of XYZ's Income Statement for the year ended December 31, 2012 is as follows:

Net sales revenue $4,800,000

Cost of goods sold 3,450,000

Gross profit $1,350,000

Operating expenses 400,000

Depreciation expense 100,000 500,000

Operating income $850,000

Interest Expense 200,000

Income before taxes $650,000

Taxes (40% x $650,000) 260,000

Net income $390,000

b. The ending inventory balance of XYZ's 2012 is as follows:

Units = (Beginning inventory + Purchases - Sales)

= 2,000 beds (1,000 + 11,000 - 10,000)

Dollars = $700,000 (2,000 x $350).

Data and Calculations:

Units of beds sold = 10,000

Average price per unit = $500

Sales revenue = $5,000,000

Estimated returns and allowances = $200,000

The Net sales revenue is $4,800,000 ($5,000,000 - $200,000).

The Cost of goods sold is $3,450,000 (9,000 x $350 + 1,000 x $300).

The Ending inventory is $700,000 (2,000 units x $350).

Operating expenses = $400,000

Depreciation expense = $100,000

Interest expense = $200,000 ($2,000,000 x 10%)

Tax rate = 40%

Thus, the ending inventory balance of XYZ's 2012 is 2,000 beds, worth $700,000.

Learn more about preparing income statement here: brainly.com/question/24470417

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2 years ago

7. You own a portfolio that has $1,750 invested in Stock A and $3,950 invested in Stock B. If the expected returns on these stoc

I am Lyosha [343]

Answer:

12.46%

Explanation:

Data provided:

Amount invested in Stock A = $1,750

Amount invested in stock B = $3,950

Expected rate of return on stock A = 9%

Expected rate of return on stock B = 14%

Thus,

Expected amount of return on stock A

= Amount invested in Stock A × Expected rate of return on stock A

on substituting the respective values, we have

= $1,750 × 0.09 = $157.5

and,

Expected amount of return on stock B

= Amount invested in Stock B × Expected rate of return on stock B

on substituting the respective values, we have

= $3,950 × 0.14 = $553

Therefore, the total expected return from both the stocks = $157.5 + $553

= $710.5

Now,

the total amount invested = $1,750 + $3,950 = $5700

Hence, the expected rate of return on the portfolio

= $\frac{\textup{Total expected retun}}{\textup{Total amount invested}}\times100$

on substituting the values, we get

= $\frac{710.5}}{5700}\times100$

the expected rate of return on the portfolio = 12.46%

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3 years ago