The Sarbanes-Oxley Act of 2002 Came,in Part,as a Result of the

question 136

Multiple Choice

The Sarbanes-Oxley Act of 2002 came,in part,as a result of the

• A)Enron scandal.
• B)WorldCom scandal.
• C)Target scandal.
• D)Enron and WorldCom scandals.

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Definitions:

Dividends Per Share

The total amount of dividends declared by a company for each share of its stock, indicating the income investors receive from holding shares in the company.

Financial Leverage

The use of borrowed funds to increase one's investment potential, which can magnify both gains and losses.

Current Assets

Short-term assets that are expected to be converted into cash within one year.