IDNLearn.com is designed to help you find reliable answers to any question you have. Find reliable solutions to your questions quickly and easily with help from our experienced experts.
Sagot :
The Securities Exchange Act of 1934 sets specific requirements for publicly traded firms to disclose their financial information with the Securities and Exchange Commission (SEC). According to these requirements:
1. The firm must have a certain minimum number of shareholders.
2. The firm must possess assets valued at a certain minimum amount.
Based on the provided requirements:
1. The firm must have at least 500 shareholders.
2. The firm must have at least [tex]$10 million in assets. Upon reviewing the different options provided: - 200 shareholders; $[/tex]20 million
- 250 shareholders; [tex]$15 million - 100 shareholders; $[/tex]10 million
- 500 shareholders; [tex]$10 million We can determine that the correct answer, which meets both the criteria stated above, is: 500 shareholders; $[/tex]10 million
Therefore, publicly traded firms with at least 500 shareholders and $10 million in assets are required to file quarterly and annual financial reports with the SEC.
1. The firm must have a certain minimum number of shareholders.
2. The firm must possess assets valued at a certain minimum amount.
Based on the provided requirements:
1. The firm must have at least 500 shareholders.
2. The firm must have at least [tex]$10 million in assets. Upon reviewing the different options provided: - 200 shareholders; $[/tex]20 million
- 250 shareholders; [tex]$15 million - 100 shareholders; $[/tex]10 million
- 500 shareholders; [tex]$10 million We can determine that the correct answer, which meets both the criteria stated above, is: 500 shareholders; $[/tex]10 million
Therefore, publicly traded firms with at least 500 shareholders and $10 million in assets are required to file quarterly and annual financial reports with the SEC.
We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. IDNLearn.com has the solutions to your questions. Thanks for stopping by, and see you next time for more reliable information.