An effect of the Sarbanes-Oxley Act of 2002 was to reduce the accounting profession’s level of self-regulation.
<h3>What did the Sarbanes-Oxley Act of 2002 do?</h3>
The Sarbanes-Oxley Act of 2002 was passed in the wake of the Enron and WorldCom financial sagas in order to reduce the incidence of companies misleading their stockholders.
The Sarbanes-Oxley Act of 2002 led to more regulation over the accounting profession and a reduction in their self-regulation because large accounting companies had been implicated in the saga.
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Small businesses are actually the major engine of the economy, especially
now that much of our manufacturing jobs have moved overseas, so they
play a crucial role in employment.
Answer:
$4.069 per share
Explanation:
Earning before tax:
= Earning before interest and tax - interest expense
= $776,000 - $150,000
= $626,000
Earnings available for equity shareholders:
= Earning before tax - Taxes
= $626,000 - $219,100
= 406,900
Earnings per share:
= Earnings available for equity shareholders ÷ No. of common stock outstanding
= 406,900 ÷ 100,000
= $4.069 per share
Answer:
"A" option is correct
Explanation:
In this case, the other party didn't agreed to the exchange of any commodity. Its one sided, which is not enforceable by law. Also for these 10,000 Joanne is exchanging nothing.
It would be enforceable if Lila wanted to give 10,000 to Joanne in exchange of some commodity or product. With out exchange from other party its not enforceable.
Answer:
A.She will earn the same amount of interest each year.<u>B.She could have the same future value and invest less than $2,000 initially if she could earn more than 6.5 percent interest</u>
Explanation:
