Answer:
The correct answer is B. Accounting firms are prohibited from providing many types of consulting services to the companies they audit.
Explanation:
The main reason for this policy is that it does not allow conflicts of interest to arise that eventually produce widely known cases of fraud, such as those presented at the Enron and Worldcom companies.
The Enron case broke out in the U.S. when that energy giant announced what was once the biggest bankruptcy in the history of the country, with a debt of 31,000 million dollars, something overcome a few months later by the collapse of another colossus, WorldCom.
In June 2002 WorldCom, the second US telephone. and of the world, he admitted that he had lied in his accounting books for almost 4,000 million dollars and his actions - which shortly before touched his maximum of 16 dollars - collapsed to 20 cents. His bankruptcy exceeded Enron's: $ 35 billion of liabilities.
' The portfolio might a young investor choose who is not afraid of risk ' is a. A portfolio of with a high percentage of stocks because it provide higher return as compared to other investment in the option provided.
A young investor who is not afraid of risk might choose a portfolio with a high percentage of stocks. This is because stocks have historically provided higher returns compared to other investment options over the long term. Young investors typically have a longer investment horizon, allowing them to ride out short-term market fluctuations and take advantage of the potential growth of stocks. They can afford to take on more risk because they have time to recover from any potential losses. Additionally, a high allocation to stocks can provide the opportunity for capital appreciation and wealth accumulation over time. While stocks can be volatile in the short term, a young investor can benefit from the potential compounding effect and the ability to diversify their holdings across different sectors or countries to manage risk.
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Answer:
The correct answer is higher costs for students.
Explanation:
The disadvantage of adding a salad bar to a school lunch menu would be that it would increase costs for students. This is due to increased school lunch expenses, and although healthy food intake will increase because salads are healthier and healthier, the cost of lunch will be higher.
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B. free trade
C. specialization
D. absolute advantage
The market value includes a premium of $5.23.
b.
The market value includes a premium of $10.50.
c.
The market value includes a discount of $47.70.
d.
The market value includes a discount of $95.23.
Answer:
c.The market value includes a discount of $47.70.
Explanation:
MArket value is the price that you would pay in the market to buy a certain bond that is worth something, so for example if the the bonds are issued at a rate of 95.230 that´s the percentage you need to pay for the bond, so right now for a $1000 bond you would pay $952.30 dollars, that means that the value of $1000 has a $47.70 disscount in the market value.
Answer:
C. The market value includes a discount of $47.70