Impossible to commit corporate fraud or similar activities

Assignment Help Financial Management

Reference no: EM13972438

Please respond to one of the following topics. Post your intial response at least by Wednesday and then interact with two of your classmates about what they have posted at least by Sunday.

TOPIC 1: You have read about the Sarbanes-Oxley Act. Why do you suppose Congress passed this law? In your opinion, is the law providing any benefit for the average investor? Do you think if we have enough such laws, it will eventually be impossible to commit corporate fraud or similar activities?

TOPIC 2: What are the three distinct types of business activity in which companies engage? Assume that you start your own company to rent bicycles in the summer and skis in the winter. Give an example of at least one of each of the three types of business activities in which you would engage.

Reference no: EM13972438

Questions Cloud

Calculate the future value of earning : Calculate the future value of $5,000 earning 10% after one year assuming annual compounding. Richard Gorman is 65 years old and about to retire. He has $500,000 saved to supplement his pension and Social Security, and would like to withdraw it in equ..

Balance sheets encourage better management practices : How can the information from income statements and balance sheets encourage better management practices? After all we are not simply crunching numbers for the sake of crunching numbers. They typically can be applied to things. They can tell us stuff...

What is the size of the money multiplier : Assume a financial system has a monetary base (MB) of $25 million. The required reserves ratio is 10 percent, and no leakages are in the system. a. What is the size of the money multiplier (m)? b. What will be the system’s money supply?

What is the ytm : A bond has a quoted price of $1,080.42. It has a face value of $1000, a semi-annual coupon of $30, and a maturity of five years. What is the current yield? What is the yield to maturity?

Impossible to commit corporate fraud or similar activities : You have read about the Sarbanes-Oxley Act. Why do you suppose Congress passed this law? In your opinion, is the law providing any benefit for the average investor? Do you think if we have enough such laws, it will eventually be impossible to comm..

Individuals and corporations for their operating expenses : Private colleges and universities rely on money contributed by individuals and corporations for their operating expenses. Much of this money is put into a fund called an endowment, and the college spends only the interest earned by the fund. Calculat..

An inexperienced bookkeeper prepared the following trial : An inexperienced bookkeeper prepared the following trial balance. Prepare a correct trial balance, assuming all account balances are normal.

Confidence interval of the people in surrounding communities : The Friday after Thanksgiving is the biggest shopping day of the year. You are interested in the number of people who claim to have finished their Christmas shopping at the end of this weekend. On Monday, you take a random sample of people by standin..

User Account

All Pages