The sarbanes-oxley act requires public corporations

Assignment Help Financial Management

Reference no: EM131185264

The Sarbanes-Oxley Act requires public corporations to:

A) distribute at least 90% of their profits in dividends on an annual basis.

B) disclose all personal loans to corporate officers or directors made after 2002.

C) assess the company's internal control structure at least quarterly.

D) file annual audit reports if the firm has "gone dark".

E) list any deficiences in internal controls.

Reference no: EM131185264

Questions Cloud

How much of first payment is interest only : Suppose you are buying your first condo for $150,000, and you will make a $15,000 down payment. You have arranged to finance the remainder with a 30-year, monthly payment, amortized mortgage at a 4.5% nominal interest rate, with the first payment due..

What was the annual change in the average selling price : In October 2012, the average house price in the United States was $208,600. In October 2004, the average price was $282,300. Required: What was the annual change in the average selling price?

Calculate the initial price and new price : A bond’s credit rating provides a guide to its risk. Long-term bonds rated Aa currently offer yields to maturity of 5.1%. A-rated bonds sell at yields of 5.4%. Assume a 10-year bond with a coupon rate of 4.6% is downgraded by Moody’s from Aa to A rat..

What is your total dollar return on this investment : Four months ago, you purchased 1,500 shares of Lakeside Bank stock for $21.20 a share. You have received dividend payments equal to $.60 a share. Today, you sold all of your shares for $22.20 a share. What is your total dollar return on this investme..

The sarbanes-oxley act requires public corporations : The Sarbanes-Oxley Act requires public corporations to:

Compute the future value of compounded annually : Compute the future value of $2,000 compounded annually for 20 years @ 6%. Compute the future value of $2,000 compounded annually for 25 years @ 6%.

Make regular savings contributions : Piotr plans to make regular savings contributions of 6,500 dollars per year to his retirement account for 8 years. His first regular contribution to his retirement account is expected in 1 year. How much money does Piotr expect to have in his account..

Making annual savings donations to fund for several years : April wants to create a scholarship fund by making annual savings donations to the fund for several years before the fund starts making annual scholarship payments forever. She plans to save 12,700 dollars per year in the trust fund for 3 years. Her ..

The analyst holds portfolio with market value : Albert the Analyst holds a portfolio with a market value of $900,000 (consisting of a $100,000 investment in each of nine different common stocks). If the portfolio's beta is currently 1.30 and Albert decides to sell one of his stocks that has a beta..

User Account

All Pages